Lithuania-based financial intermediary UAB SME Bank has inked a guarantee agreement with the European Investment Fund that envisages extending €100 million financing to Lithuanian SMEs to enable them to recover from the adverse impact of the Covid-19 pandemic. With the support of the European Guarantee Fund (EGF), the European Investment Fund will offer a 70% guarantee on a portfolio of new lending totalling up to €100 million by UAB SME Bank while also allowing the financial institution to provide enhanced conditions to its borrowers.
FinTech’s Green Revolution: Nurturing Sustainable Practices Among Small Businesses
BY Triterras
- 09/04/24
Ashish Srivastava, our Triterras' Chief Commercial Officer shares in-depth with Intelligent Fin.Tech, a global technology intelligence platform which gathers the latest financial information, on how FinTech has emerged as a crucial catalyst, motivating and supporting small to medium enterprises on their path towards environmental responsibility through sustainable trade finance.