Arctic marine industries set for €100m EIB-backed financing

Arion/EIB

Arion Bank to channel EIB credit to small and medium-sized companies in Iceland, Greenland and Faroe Islands

Marine industries across Iceland, Greenland and the Faroe Islands are set to gain improved access to long-term sustainability financing after European Investment Bank (EIB) agreed to provide a €100 million loan to Icelandic lender Arion Bank.

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