A lifeline for Baltic SMEs
December 17, 2020
Up to 660 million euros of new lending is set to be made available to the SMEs in the Baltic states thanks to a deal between the EIB Group and local financial services provider Luminor.
The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), has issued a guarantee to financial services provider Luminor to support new lending to companies based in the Baltic states, Estonia, Latvia and Lithuania. The facility is meant to help mitigate the impact of Covid-19 on the Baltic economies.
Through a synthetic securitisation transaction – the first of its kind in the Baltics – between Luminor and the EIB Group (with support from the Investment Plan for Europe), Luminor will provide additional lending to small and medium-sized enterprises (SMEs) and Mid-Caps in these difficult economic conditions.
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The African Development Bank Group (www.AfDB.org) is pleased to announce the appointment of Mr. Gauthier Boulard as Director and Special Advisor in the Office of the President, effective 1 January 2021.
In his new role, Gauthier will support President of the African Development Bank Group Akinwumi Adesina, to strengthen partnerships and engagements with multilateral development banks, international institutions and global initiatives to coordinate international financing for development. He will also support the President in outreach efforts to strengthen relations and engagements with non-regional member countries of the Bank Group and to promote the development priorities targeted by Bank Group strategies.
African Development Bank appoints Director and Special Advisor For Multilateral Development Banks, International Financial Institutions and Non-Regional Shareholders Relations in the Office of the President
Gauthier, a Belgian citizen, is a seasoned professional in international negotiations and relations with various stakeholders
ABIDJAN, Ivory Coast, December 16, 2020/APO Group/
The African Development Bank Group (www.AfDB.org) is pleased to announce the appointment of Mr. Gauthier Boulard as Director and Special Advisor in the Office of the President, effective 1 January 2021.
In his new role, Gauthier will support President of the African Development Bank Group Akinwumi Adesina, to strengthen partnerships and engagements with multilateral development banks, international institutions and global initiatives to coordinate international financing for development. He will also support the President in outreach efforts to strengthen relations and engagements with non-regional m
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African Development Bank appoints Belgian as Director
Mr Gauthier, a Belgian citizen, is a seasoned professional in international negotiations and relations with various stakeholders.
The African Development Bank Group (
www.AfDB.org) is pleased to announce the appointment of Gauthier Boulard as Director and Special Advisor in the Office of the President, effective 1 January 2021.
In his new role, Mr Gauthier will support President of the African Development Bank Group, Akinwumi Adesina, to strengthen partnerships and engagements with multilateral development banks, international institutions and global initiatives to coordinate international financing for development. He will also support the president in outreach efforts to strengthen relations and engagements with non-regional member countries of the Bank Group and to promote the development priorities targeted by Bank Group strategies.