Latest news with #TriodosBank
Finextra
07-05-2025
- Business
- Finextra
Making an Impact: Bevis Watts on 10 Years in Sustainable Finance
Joining the virtual FinextraTV studio as part of the Unplugged series, Bevis Watts, CEO, Triodos Bank UK reflects on his last 10 years at the sustainable bank. From changing tides of industry, to moving toward the digital revolution, Watts describes his pride at the impact created and sets out his vision for the future as he steps down and away.
Yahoo
17-04-2025
- Business
- Yahoo
Triodos Bank secures €200m in EIF guarantees to support SMEs across Europe
The European Investment Fund (EIF) has signed new guarantee agreements withTriodos Bank to provide more than €200m ($227.2m) in financing for SMEs across the Netherlands, Belgium, Spain, and Germany. This initiative is part of the European Commission's InvestEU programme, which targets the support of social entrepreneurship, sustainability, and the cultural and creative sectors. The latest agreement expands the partnership between Triodos Bank and the EIF, which has delivered over €600m in SME funding across Europe since 2018. This collaboration has also empowered a wide range of social entrepreneurs, including E-Flight Academy, Fundació Oxígeno, and Nature Snacks, spanning diverse sectors such as healthcare, nutrition, e-mobility, the circular economy, and education. EIF chief executive Marjut Falkstedt said: 'Our relationship with Triodos Bank is a very successful one, having made available hundreds of millions in attractive financing for SMEs in sectors that are underserved by traditional bank financing. 'Triodos Bank has been instrumental in supporting the creative and cultural sectors, as well as social entrepreneurship, which are at the heart of European values. We are now building on that to also support sustainability in SMEs, which will be a key element in European independence and competitiveness going forward.' An increase to an existing capped guarantee from 2023 will allow Triodos Bank to offer an additional €89m in new loans for social entrepreneurship. Meanwhile, a new uncapped guarantee will support sustainability initiatives and the cultural and creative sectors. The sustainability segment of the uncapped guarantee is expected to provide up to €71m for SMEs' green investments. The cultural and creative portion aims to generate €43m in new lending, continuing the partnership between Triodos Bank and the EIF. Triodos Bank chief commercial officer Jacco Minnaar said: 'At Triodos Bank, we have a long track record of financing social entrepreneurship. The past agreements with the EIF have already shown that public and private partnerships can fuel the much-needed transitions towards a better and more sustainable world. 'I am particularly pleased with the introduction of the new guarantee for green investments by SMEs. It shows how our relationship with the EIF is continually developing and is focused on getting financing to where it is most needed.' "Triodos Bank secures €200m in EIF guarantees to support SMEs across Europe" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
