Saturday September 19, 2020

EIB looking beyond banks in Ireland

The European Investment Bank is looking to provide venture capital and microfinance funding in Ireland next year if the government can devise appropriate schemes.

2nd December, 2012
Mihai Tanesescu, vice-president of the European Investment Bank. Photo: Getty

The European Investment Bank (EIB) is looking to provide venture capital and microfinance funding in Ireland next year if the government can devise appropriate schemes for the institution to invest in, according to its vice-president for energy investment.

Mihai Tanesescu, who was in Dublin last week announce a €155 million loan to Bord Gáis and an €80 million risk-sharing agreement with AIB, said was looking at other channels outside the banking system to help fund...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 8 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago