Prime Minister Erna Solberg was today handed a report setting out eight climate change adaptation measures for business and industry to take immediately by the Skift network of businesses*. Business and industry need to make significant adaptations in response to climate change, but few companies have the expertise or capacity to undertake climate change adaptation work in a structured way.
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EAPB
Joint sector communication on the EBA feasibility study of an integrated reporting system under Article 430c CRR
15 June 2021BRUSSELS, 16 June 2021 – The European Banking Federation (EBF), the European Association of Co-operative Banks (EACB), the European Association of Public Banks (EAPB) and the European Savings and Retail Banking Group (ESBG), representing the entirety of the European banking industry, have individually submitted responses to the EBA consultation on the feasibility of an integrated reporting system for regulatory reporting. The banking associations stress how critical it is to improve the efficiency of reporting in Europe. The banking industry has been calling for the creation of an integrated and standardized framework for data reporting in order to improve the quality of data while reducing the reporting burden for the industry without reducing the information content for authorities.
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EAPB MEMBER
HBOR and EIB signed EUR 50 million guarantee agreement for faster COVID-19 recovery of Croatian mid- caps and large companies
14 June 2021This Guarantee Agreement provides support to Croatian mid-caps and large corporations to finance recovery from the COVID-19 pandemic; The credit line is created under the Pan-European Guarantee Fund (EGF), a €25 billion guarantee fund established by the EIB to accelerate post-COVID recovery of European companies;
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EAPB MEMBER
In 2020, HBOR supported entrepreneurs with an amount of HRK 8 billion and approved 43% of all COVID loans in the Croatian market
14 June 2021In 2020, the Croatian Bank for Reconstruction and Development supported Croatian businessmen with an amount of almost HRK 8 billion, which is 13 percent more than in 2019, as disclosed in the audited annual financial statements of HBOR for last year. In total, HBOR supported more than 1,800 projects of Croatian entrepreneurs in 2020. Last year, HBOR approved 43 percent of the total amount of loans approved by banks in Croatia to business entities under the COVID-19 Measures. In order to mitigate the consequences of the pandemic, HBOR put almost half of the total gross loan portfolio in a moratorium that entrepreneurs could use for up to 16 months.
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EAPB MEMBER
HBOR / World Bank supports Croatia's firms hit by COVID-19 pandemic
11 June 2021Tamara Perko, President of the Management Board of the Croatian Bank for Reconstruction and Development (HBOR) and Elisabetta Capannelli, World Bank Country Manager for Croatia, signed a Loan Agreement for the HEAL Croatia Project (Helping Enterprises Access Liquidity) in the amount of EUR 200 million (US$242 million equivalent). The Croatian Deputy Prime Minister and Minister of Finance, Zdravko Marić also signed a Guarantee Agreement with the Bank for the Loan. The HEAL Croatia Project will provide liquidity and financial restructuring to firms that have been hit by the COVID-19 pandemic and by the two devastating earthquakes of 2020 and will support an inclusive and resilient recovery.
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EAPB MEMBER
KBN / Eight immediate climate change adaptation measures for business and industry
10 June 2021- View more
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