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EIB Group Cooperates with Hypo Vorarlberg
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The European Investment Bank (EIB) has decided to support Austria's economy by unlocking part of Hypo Vorarlberg's regulatory capital. These funds will be used to invest in energy efficiency projects which are directly in line with the EIB's commitment to increasing its climate action lending.
The headquarters of the European Investment Bank in Kirchberg, Luxembourg. / Picture: © Wikimedia Commons / Palauenc05 / CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)
As a reaction of the European Investment Bank (EIB) to the Covid-19 pandemic, the EIB will unlock part of Hypo Vorarlberg's regulatory capital.
The Austrian bank will use its increased capacity to support fresh lending to energy efficiency projects in line with the EIB's commitments to increase its climate action lending. …
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