EIB grants EUR 5 billion for new investment projects

[13-04-2016 02:07 PM]

Ammon News - AMMONNEWS - The Board of Directors of the European Investment Bank (EIB) approved EUR 5.1 billion of new loans for 31 projects across Europe and around the world, including Jordan.

EIB statement Wednesday said that the approved loans are expected to be signed in the coming months, noting that the projects will support strategic infrastructure sector in a number of European and Arab countries.

The EIB approved business investment outside Europe include microfinance lending in Jordan, Egypt, Lebanon, Morocco and Tunisia. These investments aim to boost employment-generating activities, the statement added.

"More than half of the new lending approved by the bank board, EUR 2.7 billion, will improve access to finance by small and medium sized businesses across Europe.

  • no comments

All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
show email
comment : *
Verification code : Refresh
write code :