Home / Business Scene / HBOR Secures 150 Million Euros for Financing Mid-Cap Projects

HBOR Secures 150 Million Euros for Financing Mid-Cap Projects

This Agreement is part of a framework amounting to 800 million euros for financing small and medium-sized enterprises as well as mid-cap companies, which HBOR signed with the EIB in 2014.

HBOR has signed a financing agreement with the European Investment Bank (EIB) for mid-cap projects amounting to 150 million euros. This Agreement is part of a framework amounting to 800 million euros for financing small and medium-sized enterprises as well as mid-cap companies, which HBOR signed with the EIB in 2014.

The funds are intended for financing projects of mid-cap companies in the sectors of industry, services, tourism, and others, as well as public and private enterprises investing in knowledge-based, infrastructure, and environmental projects. Mid-cap companies are defined as those with more than 250 and fewer than 3,000 employees.

The funds from this loan can be allocated to end users directly or through commercial banks cooperating with HBOR.