EIB to lend €20 million towards sustaining SMEs in tourism industry

The loan is a part of Team Europe efforts to speed up the post-COVID-19 economic recovery of the Maldives, improve access to finance and reinforce the local banking sector. The first COVID-19 recovery support activity in Asia supports the two sectors contributing up to 40% of the Maldives’ GDP. The European Investment Bank (EIB) has […]