Brussels, 25/05/2009 (Agence Europe) - On Tuesday 19 May, the European Investment Bank (EIB) and the Erste Group Bank AG (Erste Group) signed an agreement which will see the EIB lend a total of €440 million to small and medium-sized enterprises (SMEs) in Central and Eastern Europe (CEE) via four Erste Group subsidiaries: Ceska Sporitelna, Erste Bank Oesterreich, Erste Bank Hungary and Immorent.
Under the terms of the agreement, the EIB will grant loans to these four subsidiaries, which in...