18/01/2017 - Press release
Investment Plan for Europe: EUR 1 billion in loans for French SMEs following EIF and SOCAMA agreement
The European Investment Fund (EIF), Banque Populaire and the Federation Nationale des SOCAMA (SOCAMA) have signed an agreement to support additional EUR 1 billion of loans to small and medium-sized enterprises (SMEs) in France. The loans will be provided as a result of a guarantee from EIF under the European Commission's COSME programme. This transaction benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe.