EIB and BRED Banque Populaire sign an agreement to support the financing of overseas enterprises
France, Oct. 13 -- This operation is the first signed by the EIB with BRED Banque Populaire to support the development of overseas territories. The EIB is thus granting €400 million in financing to BRED Banque Populaire, with an initial tranche of €100 million just released, which will allow the mobilization of €800 million for the benefit of overseas companies.The objectives of this partnership are to:Facilitate access to credit for overseas SMEs and mid-cap companies through dedicated financing lines.Support the reconstruction of infrastructure and the economic recovery in Mayotte.Support energy transition, territorial resilience, and adaptation to climate change through sustainable investments. A minimum of 20% of the e...
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