(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Romania, Small Business, Technology
Tagged Bucharest, Climate Action, competitiveness, economic resilience, EIB, EIB and Patria Bank Advance Inclusive and Green Financing for Romanian Enterprises, EIB and Patria Bank Partner Again to Boost SME Financing and Green Investment in Romania, EIB Grants €25 Million Loan to Patria Bank to Support Romanian Businesses and Climate Projects, energy efficiency, European Investment Bank, financial instruments, green finance, Inclusive Growth, Ioannis Tsakiris, long-term credit, low-carbon economy, Mid-Caps, Patria Bank, regional development, renewable energy, Romania, rooftop solar, SMEs, sustainability, sustainable entrepreneurship, Valentin Vancea
(IN BRIEF) The European Investment Fund (EIF) has finalized agreements with seven Romanian banks, unlocking an additional €500 million in financing for small and medium-sized enterprises (SMEs) in Romania. The agreements will allow banks to offer SMEs better loan terms, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business, Technology
Tagged Alpha Bank, BRD Groupe Société Générale, competitive, EIF, financing, Garanti BBVA, Intesa Sanpaolo Bank, Libra Internet Bank, Marjut Falkstedt, niCredit Bank, partnership, Patria Bank, Romania, SMEs, sustainability
(IN BRIEF) The European Investment Fund (EIF) has provided a €5 million loan to Patria Bank, a Romanian lender that specializes in financing small and microentrepreneurs with limited access to finance. The Tier II subordinated loan transaction, supported by InvestEU, … Read the full press release
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