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The European Investment Fund (EIF), part of the EIB Group, is providing UniCredit Group with two guarantees worth €370 million to boost investment made by small and medium-sized businesses (SMEs) across seven EU countries, including Bulgaria, Croatia, the Czech Republic, Hungary, Romania, Slovakia, and Slovenia.
The transactions are backed by InvestEU, the European Union’s long-term funding programme to support sustainable investment, innovation and job creation in Europe aiming to mobilise at least €372 billion in investments for EU policy priorities by 2027.
The EIF guarantees backed by InvestEU will enable UniCredit to provide loans on favourable conditions to 2 500 SMEs and small mid-caps across Europe and mobilise investment of around €1 billion...
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