(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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