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The EIB Group and BNP Paribas have signed a synthetic securitisation to support French SMEs and mid-caps hit by the consequences of an unprecedented pandemic crisis.
EIB Group, banking, loan, COVID-19, SMEs, BNP Paribas, France
The EIB Group has provided a mezzanine tranche guarantee of around EUR 100 million to Commerzbank on a EUR 1.500 million granular portfolio of loans to SMEs and Mid-Caps originated by Commerzbank in its ordinary business.
EIB Group, Commerzbank, lending, SMEs, Mid-Caps