US Edition
14 Articles
14 Articles
The countries of the European Union should quickly use financial and credit instruments to support the defense and industrial complex of Ukraine.
The European Investment Bank (EIB), the EU Credit Division, has initiated its scheme to support the financing of the Community defence industry to three billion euros ($3.43 billion) and has signed an agreement with German creditor Deutsche Bank to channel money to EU defence firms, transmits Reuters.
Over the past few months, European banks BNP Paribas SA , Commerzbank AG , Deutsche Bank AG and Societe Generale SA have radically changed their position on cooperation with weapons manufacturers, Bloomberg noted.
EIB triples financing for banks to provide liquidity to SMEs in the supply chain of Europe’s defence industry, signs first deal with Deutsche Bank
(Credit: Unsplash) This article is published in association with European Investment Bank. EIB increases intermediated loans and guarantees available for key defence-industry segment to €3 billion from €1 billion. Move to support small and medium-sized businesses that serve major European defence manufacturers in partnership with commercial banks across EU. First agreement with Deutsche Bank to enable €1 billion financing for defence research, …
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