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in Economy

EIB Group and BNP Paribas launch new securitisation operation to support French companies facing the consequences of the COVID-19 crisis

by Editor June 14, 2022, 9:42 am 1.6k Views

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The EIB Group, made up of the European Investment Bank (EIB) and European Investment Fund (EIF), and BNP Paribas have announced the signature of a synthetic securitisation to support French small and medium-sized enterprises (SMEs) and mid-caps hit by the consequences of an unprecedented pandemic crisis.

The operation, supported by the European Fund for Strategic Investments (EFSI), consists of an EIB Group guarantee on an…

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