EIB and IKB Launch Co-operation to Strengthen Mid-Cap Business

The European Investment Bank (EIB) and IKB Deutsche Industriebank AG have signed an initial guarantee facility to secure a loan volume of €400 million.

This indefinite partnership aims to improve access to financing for European mid-cap companies amid a challenging geopolitical market environment. EIB's guarantee facility helps IKB by assuming credit risks, thus allowing IKB to reduce its risk-weighted assets and use the facility continuously over the long term.

Notably, the guarantee facility sets a target of 30% for climate and environmental protection projects. "This agreement strengthens IKB's position as a transformation financier in the mid-cap sector," noted IKB CEO Dr. Michael Wiedmann, emphasizing the enhanced attractiveness of their sustainability project financing.

The partnership targets companies with up to 3,000 employees investing within the EU.