The ICF will contribute the total amount of the loan (€30 million) and the Ministry of Business and Knowledge's Directorate-General for Tourism will allocate €4 million to the cost of financing the scheme. The loans will be used to finance the improvement and modernisation of hotels, tourist apartments, campsites and rural tourism establishments. This initiative is part of the third pillar of the Strategic Tourism Plan of Catalonia 2018-2022, which highlights the need to promote investment and reinvestment in tourism for the effective mobilisation of private capital to develop new tourism products and services and improve those that already exist.Read more
Together with around 50 banks, insurers, pension funds and asset managers and their umbrella organisations, BNG Bank committed to the Dutch Cabinet’s climate goals. In the presence of Minister of Finance, Mr Hoekstra, they signed up to a commitment for mandatory reporting on the climate impact of their loans and investments from 2020 onwards. In addition, they undertook to have action plans in place by 2022 that contribute to reducing CO2 emissions.Read more
In order to additionally facilitate access to finance for Croatian entrepreneurs, as of 1 May 2019 HBOR condensed its existing 25 loan programmes into 9 loan programmes that contain all current benefits and introduce some new ones.Read more
During 2018, the ICF has launched new lines of financing in accordance with the sustainable development goals (SDGs) of the United Nations 2030 Agenda. Institut Català de Finances (ICF) has financed a series of green economy and circular economy projects in the last few months, totalling €18.3M. Coinciding with the 2019 European Sustainable Energy Week, the entity has highlighted that its "ICF EcoVerda" loans are still available, promoted in conjunction with the Department of Territory and Sustainability of the Generalitat de Catalunya, for sustainable and socially-responsible investments.Read more
11 development banks from the Balkans and Central and Eastern Europe (CEE) will co-operate in joint initiatives. A web-based platform will enable development banks from the region to present their projects in different areas and to seek co-financing for them. This has been suggested by the Bulgarian Development Bank and will allow the institutions to discuss joint activities and to exchange experience and good practices. The initiative was announced by Stoyan Mavrodiev, Chief Executive Officer (CEO) of BDB, at a meeting of development banks from the Balkans and CEE.Read more
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