Eurobank is the first systemic bank to receive approval from the Ministry of Economy and Finance for the disbursement of the seventh (7th) tranche of the Recovery & Resilience Fund (RDF), up to €300 million of resources, having met the pre-requisite targets under the Operational Agreement signed with the Greek State, as currently in force.

With the 7th tranche, over a period of two years from the start of the program, Eurobank manages up to €1.9 billion of funds through the TAA and finances investments of enterprises of all scales operating in the Greek territory, consistently meeting its commitments as an intermediary Institution for the implementation of the loan component of the TAA. With the aim of establishing sustainable growth in the Greek economy, the Bank is already involved in the financing of 76 investment projects with a total budget of €5.7 billion in the country, utilizing €1.5 billion of resources through the TAA and €1.1 billion through loans granted in parallel for these investment projects, contributing to economic growth and supporting employment in Greece.

In excellent cooperation with the Greek State and the services of the Ministry of National Economy and Finance that support TAA, Eurobank considers as a priority the utilization of TAA's resources by the domestic business community and makes available to all its business clients the long experience and expertise of its specialized staff. Focusing on the "green" and "digital" orientation of TAA and on strengthening the extroversion of Greek entrepreneurship, the Bank immediately starts the allocation of the 7th tranche.

SECTORS
The resources allocated under the program are channelled to a large number of enterprises from different sectors:

• Renewable Energy Sources (RES) for the construction of Photovoltaic Parks, including in former lignite-producing areas
• Electrification and micromobility
• Telecommunications and fibre optic network upgrades
• Wholesale
• Retail
• Production of batteries and accumulators
• Tourism
• Pharmaceutical industry
• Food and beverage industry
• Provision of electronic services

Companies wishing to receive detailed information on the terms, conditions, supporting documents and procedure for submitting a financing request can contact the Relationship Manager who serves them at the Bank and/or visit Eurobank's dedicated website within the Development Programmes section.