EIB and Hypo Tirol Bank provide €100 million for Austrian businesses
Austria, July 23 -- Austrian businesses will benefit from additional support for investments in growth, innovation and sustainability. The European Investment Bank (EIB) and Hypo Tirol Bank are making a total of €100 million available to small and medium-sized enterprises (SMEs), mid-caps and public sector entities.The EIB is providing a €50 million loan to Hypo Tirol Bank, which the bank will match with an additional €50 million of its own financing. The funds will be on-lent by Hypo Tirol Bank to support projects that strengthen innovation, competitiveness and sustainable growth. For Hypo Tirol Bank, a particular priority is financing investments that reinforce regional value creation and support economic development in ...
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