The European Investment Bank (EIB) has agreed to provide €5m to support small and medium sized companies in Mauritius. This funding will be given to The Mauritius Leasing Company Limited to provide leasing facilities for small and medium-sized companies in the country.
The loan agreements were signed by EIB Vice President Plutarchos Sakellaris and the CEO of Mauritius Leasing, Ashraf Esmael. Representatives of the European Union Delegation in Mauritius, the First Deputy Governor of the Bank of Mauritius, Mr Yandraduth Googoolye, and other high-ranking officials and members of the private sector were also present.
Vice President Plutarchos Sakellaris said: “The European Investment Bank recognises the essential significant contribution of small and medium sized companies to the country’s economy.”
