2024-06-20 10:25:31
The Cooperative Financial institution of Epirus signed one more settlement with the Hellenic Improvement Financial institution HBD, particularly for its inclusion within the TEPIX III Mortgage Fund and the TEPIX III Assure Fund, inside the framework of the Entrepreneurship Fund Portfolio Fund – TEPIX III.
This settlement will enable the Financial institution to have entry to the brand new financing instruments of the Hellenic Improvement Financial institution and to actively assist the small and medium-sized enterprises (SMEs) of Epirus to soak up the accessible funds.
By the Entrepreneurship Fund, it’s anticipated that loans amounting to 2.2 billion euros will likely be made accessible to small and medium enterprises on significantly favorable phrases, thus rising the variety of financed SMEs, whereas it’s the first time that the mixture of the mortgage assure with the subsidy is supplied rate of interest. The Funds are co-financed by the European Union by means of the NSRF 2021-2027, whereas they’re managed by the Hellenic Improvement Financial institution.
The occasion for the signing of the settlement was attended by, amongst others, the Deputy Minister of Nationwide Economic system and Finance Nikos Papathanasis, the President of HDB Georgios Zavvos, the CEO of HDB Ismini Papakyrillou, in addition to the managing director of the Cooperative Financial institution of Epirus Ioannis Vougioukas.
“We’re collaborating in one other monetary program of the Hellenic Improvement Financial institution to assist the small and medium enterprises of Epirus. It is a program that we consider will strengthen credit score opening to those corporations. As Financial institution of Epirus we’re right here to information and advise companies, with the goal of additional creating their entrepreneurship and realizing their targets,” stated Mr. Vougioukas.