Negotiations to secure long-term loans from EIB (EIB) worth more than £ 200m ( $258m ) for various Brexit housing associations have stalled thanks to Brexit , according to Tim Wallace , CEO of the European Investment Bank . Ropke said there was "no shortage" of institutions keen to invest in the successful sector, but said "what the the European Investment Bank money would have done – those terms that were on offer, particularly the cost of funding – was very attractive".
Negotiations to secure long-term loans from the European Investment Bank (EIB) worth more than £200m ($258m) for various Welsh housing associations have stalled thanks to Brexit, according to Stuart Ropke, CEO of Community Housing Cymru. Ropke said there was "no shortage" of institutions keen to invest in the successful sector, but said "what the EIB money would have done – those terms that were on offer, particularly the cost of funding – was very attractive".