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> Economy

Eurobank: Commitment for doubling the funding to enterprises and households in 2015

The bank's CEO announced the plans of Eurobank to inject liquidity of a total 1.6 billion euro in the form of loans to enterprises and 400 million to individuals to cover mortgage and consumer needs

Newsroom November 19 09:20

Today the CEO of Eurobank Christos Megalos announced the bank’s commitment to double the funding of enterprises and households in 2015.

More specifically, according to Mr. Megalos Eurobank to inject liquidity  of a total 1.6 billion euro in the form of loans to enterprises and 400 million to individuals to cover mortgage and consumer needs.

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In detail, 520 million euro are intended to finance medium and large enterprises, 200 million to finance major projects, 250 million for tourism financing and shipping, 200 million to support exports, 450 million for small and medium-sized enterprises and  400 million euro for individuals to cover mortgage and consumer needs.

Also 150 million euro will be channeled in co-financed programs for small businesses, another 100 million euro through the new investment fund and 10 million euro to new enterprises.

Finally, the CEO stressed that the banks priority is to reintegrate small and medium enterprises as well as and freelancers who are in the category of ‘red’ loans,  into a productive trajectory.

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