Slovak companies to get green credit boost with €45 million EIB credit line to bank VUB
Slovakia, Oct. 17 -- A range of businesses in Slovakia will be eligible for green financing as a result of a €45 million credit line from the European Investment Bank (EIB) to Slovak lender VUB. The operation will benefit Slovak small and medium-sized enterprises (SMEs), Mid-Caps and public entities that pursue projects to tackle climate change. VUB will direct the funding to companies in Slovakia's cohesion regions, where per capita income is below the European Union average. Together with matching contributions from VUB and other funders, the operation aims to catalyse at least €190 million in total investments.The EIB credit line is the second and final tranche of a €95 million operation agreed in October 2023 with VUB ...
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