The EIB is providing Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with EUR 100m in financing to support affordable housing in Austria. Erste Bank will add a further EUR 100m of its own funds to the EIB financing, enabling it to invest a total of EUR 200m in social housing over the next three years.

Subscribe to The Financial Analyst to get original opinion and all the latest news on trending financial topics and breaking stories related to analysis and global markets. If you have a tip or a financial opinion to share get in touch to submit your story.

LEAVE A REPLY

Please enter your comment!
Please enter your name here