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EIB and Santander support new financing for Polish SMEs

12:21

EIB and Santander support new financing for Polish SMEs
Source: Steintec

The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has signed the third synthetic securitization transaction with the Santander Bank Polska Group, after the first in late 2018 and the second in mid-2019.

This operation specifically aims to address the working capital, liquidity needs and investment constraints of SMEs and mid-caps in Poland in the context of the COVID-19 outbreak.

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