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Joint-Stock Company Development Finance Institution Altum (ALTUM)

What we are

The international credit rating agency Moody’s Investors Service has assigned to Altum an investment grade rating Baa1 with a stable outlook. The assigned rating is among the highest ratings ever assigned to the capital companies of Latvia. The rating was assigned on 15 June 2017.

The head office of ALTUM is located in Riga with 20 functional departaments. ALTUM also includes 5 primary branches and 16 secondary branches that provide customer services throughout the territory of Latvia. The institution has more than 230 employees.

Bpifrance

Mission

Serving the future

Goals

  • Accompanying businesses in their growth;
  • Preparing for tomorrow’s competitiveness;
  • Developing an ecosystem that favours entrepreneurship.

Bulgarian Development Bank (BDB)

About BDB

Bulgarian Development Bank (BDB) is a financial institution 99.9%-owned by the Bulgarian state. It is the successor of Encouragement Bank established in 1999. Its focus is to support small and medium-sized enterprises. BDB is among the top four Bulgarian banks in terms of credit rating, rated "BBB-" with positive perspective by Fitch Ratings. It is the only Bulgarian bank to provide financing via other credit institutions as well as direct financing. BDB is the best-positioned local bank to raise funds from international partners. Its subsidiary, the National Guarantee Fund, issues guarantees for bank loans to the non-financial sector.

Bank Gospodarstwa Krajowego (BGK)

 Mission

Bank Gospodarstwa Krajowego is a state development bank whose mission is to support the social and economic development of Poland and the public sector in the fulfilment of its tasks.

The Bank is a financial partner actively supporting the entrepreneurship and making effective use of development programs. It is the initiator of and the participant in cooperation between business, public sector, and financial institutions.

Together with other development institutions, the Bank plays a significant role in implementation of the Strategy for Responsible Development, adopted by the Council of Ministers on 14 February 2017, which is the key document of the Polish state in the medium- and long-term economic policy.

BGK has a wonderful history of great achievements for Poland, which the Bank regards as an inspiration for its activities, but it looks to the future, because the effects of today’s work will be visible there. Every day, the Bank works for the future of Poland and the generations to come.

Bank of Valletta (BOV)

Bank of Valletta p.l.c. (BOV) was established in 1974. The Bank’s shareholders are the General Public with a 65 % shareholding, followed by the Government of Malta with 25% and UniCredit Group with a 10% shareholding.  BOV is the largest financial institution operating in the Maltese Islands making it a systemically important Bank and falls under the direct supervision of the European Central Bank (ECB).

Caisse des Dépôts et Consignations (CDC)

 “Caisse des Dépôts et Consignations and its subsidiaries constitute a public group serving the public interest and the country’s economic development. The Group carries out missions of public interest in support of the public policies implemented by the State and local government bodies, and may also exercise competitive activities. […] Caisse des Dépôts et Consignations is a long-term investor and contributes to the development of enterprises in line with its own proprietorial interests.”

Article L. 518-2 of the French Monetary and Financial Code (amended by the 2008 law on modernisation of the economy).

Consignment Deposits and Loans Fund (CDLF)

The Consignment Deposits and Loans Fund (CDLF) is a non-profit organization which operates as a Legal Entity of Public Law. It belongs to the Ministry of Finance. It was founded in 1839 and began operating in 1919 as an autonomous special purpose financial organization (Law 1608/1919).

Its objective is the registry of consignments and the social and regional development by funding projects of Public and Social Interest. For this purpose the CDLF mainly grants loans to municipalities and prefectures, participates in development bodies and co-funds projects with the EIB.

In 2011 its operations were separated between a public and a commercial sector with a restriction of the expansion of the operations of the commercial sector (deposits, loans to Legal Entities of Private Law and individuals) until its total winding down.

Cassa Depositi e Prestiti (CDP)

About CDP

We are the National Promotional Institution and have been supporting Italy's growth since 1850. Developing the Italian economy is our goal. A united team, which thanks to the commitment of all the Group companies and its managers, works hard every day to achieve the ambitious objectives of our business plan.

Council of Europe Development Bank (CEB)

Mission

The Council of Europe Development Bank (CEB) is a multilateral development bank with an exclusively social mandate.

Through the provision of financing and technical expertise for projects with a high social impact in its member states, it actively promotes social cohesion and strengthens social integration in Europe.

The CEB represents a major instrument of the policy of solidarity in Europe. It participates in financing social projects, responds to emergency situations and contributes to improving the living conditions of the most disadvantaged population groups.

The CEB contributes to the implementation of socially oriented investment projects through three sectoral lines of action, namely:

  • Sustainable and inclusive growth
  • Integration of refugees, displaced persons and migrants;
  • Climate action: developing adaptation and mitigation measures.    

The CEB carries out its mission within the strategic framework of a formal "Development Plan" that describes the logic underpinning its action and sets forth guidelines for the activity in the medium term in relation to the operational context within which the Bank operates. The current Development Plan covers the period 2017-2019.

Ceskomoravska zarucni a rozvojova banka (CMZRB)

CMZR Bank is the only promotional bank in the Czech Republic entrusted with the administration of funds disbursed within the programmes of assistance launched by the Government to help the development of small and medium-sized entrepreneurship (SME) using financial resources from national or EU funds for guarantees and loans. The Bank´s activities result from its long-term strategy oriented to contributing to the implementation of the economic policy of the Government of the Czech Republic and its regions.

The Bank shall be involved in the realization of state policy enabling easier access to finance for SMEs, as well as in the field of financing infrastructure-oriented projects (water sector schemes, transport infrastructure), municipal and housing development (apartment houses reconstruction), or other spheres, which require support of public finance.

Contact

European Long-Term Investors a.i.s.b.l.
Rue Montoyer 51
B - 1000 Brussels
Belgium
secretariat@eltia.eu