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Global Trade Alert

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Austria: EIF and Erste Bank sign loan guarantee to support SMEs and mid-caps

Description

On 10 April 2024, the European Investment Fund (EIF) and Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) signed a EUR 49 million (USD 52.6 million) loan guarantee. The guarantee will allow...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Apr 2024

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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