Project approvals

Slovak Republic
A project worth 50 million euros with Vseobecna Uverova Banka in favour of local (and regional) authorities located in the Slovak Republic and in the Czech Republic, in order to strengthen public services infrastructure in these two countries. 

The CEB funds are aimed, in particular, at providing financing for the modernisation of local roads, water mains and electricity and gas supplies as well as for the construction of wastewater treatment plants.

Spain
A 60 million euro programme with Caja Madrid to part-finance investments by local authorities for the rehabilitation and construction of infrastructure for the supply and treatment of water. 

In view of the major problems of drought facing several regions of Spain, these works are aimed at improving the living conditions of the populations concerned and at fostering conditions for sustainable economic development.

Turkey
A project worth 50 million euros with Türkiye Kalkınma Bankası A.Ş. in favour of Turkish SMEs.

Within the framework of the development mission entrusted to Kalkinma, the CEB loan to is intended to provide support for productive investments by SMEs via an “apex arrangement” whereby, through a pyramidal system of on-lending, the funds will be channelled through selected commercial banks operating in the country in order to reach the greatest possible number of SMEs, which play an essential role in the creation and preservation of jobs.