Latvia: EIF invests EUR 20 million in SG Capital to support financing to SMEs and mid-caps in the Baltics

Announcement

13 Jan 2025

In January 2025, the European Investment Fund (EIF) to support the company in its efforts to finance SMEs and mid-caps in the Baltic region.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

13 Jan 2025

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 13 January 2025, the European Investment Fund (EIF) invested EUR 20 million (USD 20.4 million) into SG Capital. The capital injection will enable SG Capital, a Latvian investment and credit bank, t...