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    • News

    EIB Expands Lending Coverage

    By Ivy Mungcal // 02 October 2009

    The European Investment Bank has launched a new lending facility that will expand the geographical coverage of its operation, the

    reports. Under the new facility, the bank will course funds through other financial institutions to support small and medium-sized businesses in Central and Eastern Europe. It hopes to conclude the facility's first loan by the end of 2009, said EIB President Philippe Maystadt.

    • Banking & Finance
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ivy Mungcal

      Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.

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