Vice-President Czerwińska’s areas of oversight include financing of science, education, innovation and the digital economy, InvestEU, implementation of three lines of defence (3LoD), financing operations in Croatia, Hungary, Poland, the Eastern Partnership countries (Armenia, Azerbaijan, Belarus, Georgia and Ukraine), Central Asia, China and Mongolia, relations with the Asian Infrastructure Investment Bank (AIIB).
Azerbaijan: EIB Global and Bank Respublika sign €10 million loan agreement to boost finance access for small businesses
EIB Global, the arm of the European Investment Bank (EIB) for financing activities outside the European Union, has signed a €10 million loan agreement with Bank Respublika to support micro, small and medium-sized enterprises (MSMEs) in Azerbaijan. The agreement will promote financial inclusion by providing loans to small businesses on preferential terms and with the option of disbursal in local currency, boosting investment, growth and employment.