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Channel: European Fund for Strategic Investments Press Release
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France: EIB Group and BNP Paribas launch new securitisation operation to support French companies facing the consequences of the COVID-19 crisis

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The operation, supported by the European Fund for Strategic Investments (EFSI), consists of an EIB Group guarantee on an existing portfolio of loans to SMEs and mid-caps. This credit protection enables BNP Paribas to free up part of the regulatory capital allocated to this portfolio and to deploy €515 million of new loans to SMEs and mid-caps in France over the next two years.

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