The European Investment Bank Offers Financing Opportunities to the Philippines

The European Chamber of Commerce of the Philippines (ECCP) will be bringing to the country on November 26 top officials of the European Investment Bank (EIB) to look at possible financing of viable projects by local companies. Coming to the country for a one-day meeting with local prospects during an ECCP sponsored luncheon are EIB vice president Carlos Silva da Costa, EIB Asian operations head Philippe Szymczak, and senior loan officer Ari Tapio. The EIB currently has a one billion euro allocation for 18 countries in Asia including the Philippines for the financing of projects that are aimed at cultivating sustainable development and advancing the use of renewable energy.