The EIB Group Risk Enhancement Mandate (EREM) is a mandate from EIB to EIF which aims at enhancing EIF’s risk capacity with a view to increasing access to finance for SMEs and small mid-caps in Europe through financial intermediaries.
The working paper provides a market analysis of small financial intermediaries, such as smaller banks with a local/regional focus, small cooperative banks, or small non-bank financial institutions, which play an important role for SMEs’ access to finance in Europe.
The assessment is to be seen in the context of a new product offer under EREM, “Cooperative Banks & Smaller Institutions” (CBSI), which is also explained in the working paper.
Dr. Helmut Kraemer-Eis, Head of Research & Market Analysis, European Investment Fund, EIF-