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Economy
27 January 2023

Greece: EIB and HSBC agree EUR 200 million facility for SMEs and midcaps focused on exporting and importing through Trade Finance Facility initiative

Greek companies engaged in international activities will benefit from a new EUR 200 million trade finance partnership between the European Investment Bank (EIB) and HSBC Bank plc announced in Athens on Thursday, in the presence of Yiannis Tsakiris, Deputy Minister of Development and Investment. The initiative will support trade and export finance services provided by participating Greek banks to local companies and addresses a market gap that continues to restrict international business by Greek companies.