
Eurobank has received approval for the disbursement of the eighth tranche of the Recovery & Resilience Fund (RDF), amounting to €300 million of resources, from the Ministry of Economy and Finance, having met the required targets under the Operational Agreement signed with the Greek State.
According to the relevant announcement, with the 8th tranche, within two and a half years from the start of the Programme, Eurobank is already managing €2.2 billion through the CDF and financing investments of enterprises of all scales operating in the Greek territory, consistently meeting its commitments as Intermediate Financial Institution for the implementation of the loan component of the CDF.
With the aim of establishing sustainable growth in the Greek economy, the Bank is already involved in the financing of 87 investment projects with a total budget of €6.9 billion in the country, utilizing €1.79 billion through the Recovery Fund and €1.27 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 Economy and Finance that support Recovery Fund, Eurobank considers as a priority the utilization of TAA's resources by the domestic business community and puts at the disposal of all its corporate clients the extensive experience and expertise of its specialized staff.
The resources available under the Programme are channelled to a large number of enterprises from different sectors:
- Renewable Energy Sources (RES),
- Electromobility and micromobility,
- Telecommunications and fiber optic network upgrades,
- Wholesale,
- Retail,
- Battery and battery production,
- Tourism,
- Pharmaceutical industry,
- Food and beverage industry,
- Electronic services.