The European Investment Bank (EIB) and illimity Bank S.p.A. (illimity) have concluded an agreement worth €200m aimed at supporting the working capital and liquidity needs of small and medium-sized enterprises (SMEs), with specific emphasis being given to sustainable investments and businesses operating in cohesion regions.
The agreement, which further consolidates the excellent cooperation between the two banks, will lead to each mobilising funds of €100m during 2023, ensuring SMEs' access to credit on favourable terms.
