EIB and CBNK launch pioneering initiative to support women entrepreneurs in the pharmacy sector
Spain, March 5 -- The European Investment Bank (EIB) and CBNK, a Spanish bank serving key professionals and formed through the merger of Banco Caminos and Bancofar, have announced a landmark initiative to empower women entrepreneurs in the pharmacy sector in Spain. The operation, signed today during the EIB Group Forum in Luxembourg, is the EIB's first intermediated loan within the European Union exclusively supporting women entrepreneurs.It will involve access to loans averaging €450 000 that can be used by women entrepreneurs to finance the formation of their business (purchase of licences), working capital (inventory) or equipment such as counters, shelves or computers.This €150 million EIB investment - implemented through th...
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