The European Investment Fund and Alpha Bank support businesses

Lower-cost loans for businesses that train their staff, with the guarantee of the European Investment Fund through InvestEU.

The European Investment Fund and Alpha Bank support businesses

This article is an AI translation of an original piece published in Greek. Read original

A business is only as strong as its people. With this in mind, Alpha Bank and the European Investment Fund (EIF), a member of the European Investment Bank (EIB) Group, are joining forces through the European InvestEU programme, so that Greek businesses, and especially small and medium-sized enterprises, can invest more easily in the training of their staff.

The loans are aimed at:

  • businesses that want to train their staff or upgrade their skills,
  • businesses and organisations active in education and training,
  • businesses and organisations that provide support services in the field of education and training, and
  • students and those who want to continue learning, at any age.

The skills required for every job are changing faster than ever. For a small business, however, training its people is not always easy to finance. The new partnership makes this investment more accessible, helping businesses remain competitive and employees open new paths in their careers.

«A strong economy starts with people who have the knowledge and skills to shape its future. By investing in education and lifelong learning, we contribute to creating opportunities for people, while at the same time strengthening the foundations of Greece’s long-term competitiveness. Through InvestEU and our cooperation with Alpha Bank, we are helping to broaden access to financing for education, for the benefit of a wider range of students, trainees and organisations throughout Greece», said the EIB Vice-President, Mr Giannis Tsakiris.

«Nothing we support, from technological innovation to climate change solutions, can thrive in the long term without continuous investment in education and skills development. That is why the European Investment Fund (EIF), together with the European Commission and financial partners such as Alpha Bank, will continue to support initiatives like this one, helping citizens and businesses respond to the challenges of tomorrow.», said Merete Clausen, Deputy Chief Executive of the European Investment Fund (EIF)

«When a business trains its team, it becomes more competitive, more resilient and more ready for tomorrow. With the support of the European Investment Fund and InvestEU, we are making this investment more accessible: for the business that wants to develop its people, for the institution that provides training, for the young person who studies and for anyone who wants to learn something new, at any age», said Georgios Tsangarakis, Head of Small Business Products at Alpha Bank.

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