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Rabobank and EIB Scale Up Support for Environmentally Conscious Businesses

Jan 29, 2025•over 1 year ago

Contract Type

partnership

UtrechtAgriculture and FarmingFinancial ServicesFinance

Description

The European Investment Bank (EIB) and Rabobank are scaling up their support for environmentally conscious businesses by making an additional €300 million available via a ninth impact loan. This initiative aims to provide financing to small and medium-sized enterprises (SMEs) working at the forefront of sustainable development. Rabobank, in cooperation with the EIB, has already mobilized over €1.8 billion to support sustainable financing for over 1,000 SMEs.

Company Information

Company

Rabobank

Location

Utrecht, Utrecht, Netherlands

About

Coöperatieve Rabobank U.A. is a full-range financial services provider that operates on cooperative principles. Its origins lie in the local loan cooperatives that were founded in the Netherlands nearly 110 years ago by enterprising people who had virtually no access to the capital market. Rabobank Group is comprised of independent local Rabobanks plus Rabobank Nederland, their umbrella organisation, and a number of specialist subsidiaries. Overall, Rabobank Group has approximately 61,100 employees (in FTEs), who serve about 10 million customers in 47 countries.

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