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Europe Daily Bulletin No. 9791

27 November 2008
Contents Publication in full By article 25 / 29
GENERAL NEWS / (eu) eu/eib
Loan for small businesses in Zambia

Brussels, 26/11/2008 (Agence Europe) - On Wednesday 26 November, the European Investment Bank (EIB) lent €20 million to a group of commercial banks based in Zambia to support investments by small and medium sized enterprises (SMEs). The loan will, according to an EIB press release, have “an important developmental impact on the southern African country by encouraging private sector growth”. The small-scale investments supported by the EIB funds will help to diversify the economy which...

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