July 18, 2024

Greece Capital Markets Bolstered with support from EBRDs SMEs Access Program

Facebook
Twitter
LinkedIn
  • EBRD in imitation of drive second round on the SME Pre-Listing Support programme among Greece.
  • Programme into assistance with Athens Stock Exchange and funded via Greece.
  • Goal is in accordance with allow SMEs’ access according to the provincial metropolis market.
  • The European Bank because of Reconstruction then Development (EBRD) and the Athens Stock Exchange (ATHEX) are syntax up their guide for short and medium-sized agencies (SMEs) of Greece.

Building concerning the prevalence on the forward round about the EBRD’s SME Pre-Listing Support programme final year, the EBRD is launching a second name for Greek SMEs.

The programme, funded by the Greek government via the “Hellenic Republic/EBRD Technical Cooperation Fund – TCF”, pursuits according to recover capital market exercise or intensification of the potential over SMEs because of establishment bond issuance yet list (IPO) about the Athens Stock Exchange.

When companies tap among the debt capital markets yet list theirs shares, the attain access after headquarters need financing then perform appeal to home namely nicely as global investors. This is especially vital now, with incertitude weighing on each monetary Endeavor or financing prospects.

The initiative is occurring towards the backdrop regarding the current health-economic crisis and its pecuniary impact. The EBRD is scaling above current or recent units after assist tiny agencies as a medium piece concerning its reply to the crisis.

Tapping into capital markets be able supply indispensable funding, as like an increasing number of over Greek corporations are at last compelled after repeat artistic possibilities or increase their funding alternatives through get right of entry to after the metropolis markets.

From family-owned enterprise put one’s cards on the table adjustment to non-public firms wishing in conformity with honour cash ought the partial headquarters market, the programme perform pray in accordance with all financially manageable corporations up to expectation have less than €50 lot in turn then €43 million in balance leaf totals, or fewer than five hundred personnel, running amongst a varied sectors or headquartered between Greece.

Through the programme, SMEs choice receive tailor-made advisory applications and technical help of commercial enterprise management, pragmatic yet improvement problems for a duration over upon in imitation of 18 months after upgrade their investment ability to global standards.

SMEs choice keep examined in regard to their readiness because fundraising through metropolis markets, primarily based about who an elaborate plan pleasure keeps promoted and executed.  The EBRD has consequently far supported on seventy-five SMEs within Greece with advisory services. The advisory programme is designed in conformity with assist companies obtain know-how or enhance their performance then competitiveness.

Share.

RELATED POSTS

The partnership leverages Mastercard’s technologies to advance the bank’s payment solutions strategy and enhance the financial services landscape. Image Courtesy -Mastercard
Mastercard partners with ALEXBANK
ahlibank launches Souq initiative aiming to support SMEs.
Souq initiative introduced by ahlibank
Abdel Hadi Al Sa’di, Chief Executive Officer, BHM Capital.
BHM Capital Financial Services records stronger profits
  • logo banner warba
  • Mutual Trust Bank Plc
  • Ahli United Bank

LATEST POSTS

The business landscape is going through continuous change, which means that there are constantly new challenges arising in HR. This blog entails on few of the major challenges arising in 2024
Representational Image
ACCA announces the addition of new Emirati members to its Members’ Advisory Committee with a government-led goal of achieving a 10% increase in Emiratisation of the skilled workforce by 2026
CyberKnight announces VAD partnership with Forescout for META. CyberKnight to offer complete asset intelligence and control across IT, OT, and IoT to Forescout.