National and regional promotional banks (NPBs) are key for success of Juncker plan

20 April 2015

20 April 2015, Brussels: The European Association of Public Banks (EAPB) welcomes the results of the vote by the European Parliament on the European Fund for Strategic Investments. For many years, EAPB has been a strong advocate for closer coordination and cooperation between the activities of the European Investment Bank and NPBs. EAPB sees a great potential for synergies to the benefits of the European Economy. Therefore, it is important to pursue the plan's objectives close to the ground in cooperation with local economic and political actors. NPBs are deeply anchored in their territories and know their local economies, regions, municipalities and SMEs and their needs very well.

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