(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €50 million subordinated loan to Garanti BBVA Romania to enhance its capital base and support sustainable lending. Garanti BBVA Romania will use the funds to invest in … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Romania
Tagged Banco Bilbao Vizcaya Argentaria, BBVA, capital base, Climate Action, EBRD, environmental sustainability, EU banks, Garanti BBVA, green economy, investment in Romania, Kristina Zagar, low-carbon economy, Mustafa Tiftikcioğlu, Romania, subordinated loan, Sustainable Lending
(IN BRIEF) The European Investment Fund (EIF) has provided a RON 5 million (€1 million) subordinated loan to Romanian fintech Instant Factoring IFN, marking the first InvestEU funding for a Romanian fintech and factoring company. This loan will help Instant … Read the full press release
Posted in Banks, European Union, Financial, Luxembourg, Romania, Small Business
Tagged 2021-2027, Cristian Ionescu, digital financial solutions, economic growth, EIF, European Investment Fund, Instant Factoring IFN, InvestEU funding, Marjut Falkstedt, non-bank financial institution, operational capacity, Romania, Romanian fintech, RON 5 million, small businesses, subordinated loan, underbanked businesses, €1 million
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