EBRD lends €50 million to Romanian bank Garanti BBVA Tier 2 subordinated loan will support Romania's banking sector stability Loan helps Garanti BBVA Romania support investments in the green economy The European Bank for Reconstruction and Development (EBRD) is lending €50?million to Romanian bank Garanti BBVA, to strengthen its funding base and allow the company to grow and expand its lending, with a focus on green economy investments, https://www.ebrd.com/ informs. In turn, Garanti BBVA will allocate an amount equivalent to 170?percent of the EBRD loan to local projects, supporting climate action and environmental sustainability, an EBRD priority. The EBRD loan, structured in compliance with the Capital Requirements Regulation and Capital Requirements Directive IV, will help strengthen and optimise the overall capital structure of Garanti BBVA Romania, enabling it to expand its lending capacity to the real economy. The loan reinforces Garanti BBVA’s adherence to environmental standards, advances its sustainable lending practices, and contributes to Romania’s shift to a low carbon economy, delivering lasting economic and environmental benefits. “We are delighted to partner with Garanti BBVA on this subordinated loan, which will strengthen the bank’s capital base and enhance its green lending capacity,” said the EBRD’s Kristina Zagar, Director of EU Banks & Structured Finance. "We are proud to strengthen our trusted partnership with the EBRD, through a project that delivers real impact for the future. This funding reflects our shared commitment to supporting the transition to a green economy. Both Garanti BBVA and the EBRD share the common goal of contributing actively to sustainable development, with a positive impact on the environment and society. Sustainability is not just a responsibility, but a true growth driver for Garanti BBVA – a strategic direction that guides all our actions dedicated to clients and communities," said Mustafa Tiftikcio?lu, Chief Executive Officer of Garanti BBVA Romania. The bank Garanti BBVA is part of the Garanti BBVA Romania Group, along with Garanti BBVA Leasing and Garanti BBVA Fleet Management, which complement the bank’s offering with specific leasing products and fleet management services. Garanti BBVA Romania is owned by Garanti BBVA Turkey (TGB), the second-largest private bank in Türkiye, having as majority shareholder, the Spanish financial group Banco Bilbao Vizcaya Argentaria (BBVA). The EBRD is a leading institutional investor in Romania, with more than €11.6 billion invested in 560 projects to date. The EBRD’s support strengthens Romania’s green economy and accelerates the transition towards a low-carbon future, creating long-term benefits for both the economy and the environment.
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended. Romania’s European funds minister, Marcel Boloș, announced that three objectives included in […]
The tech startups YellowGrid, WiseWatts and Procesio won CleanTech Corporate Hackathon 2025, the first event dedicated to innovators, startups and scaleups creating AI-based technologies and solutions for sustainable energy in South East Europe. YellowGrid, the team that won first place and the EUR 5,000 prize, is composed of Cătălin Stăncel, Sergiu Mureșan, Andrei Antohie and […]
Romanians' trust in the EU is well above the European average, but they occasionally show different priorities compared to those of most Europeans, according to the most recent Eurobarometer survey. The measurement, conducted in the winter and spring of 2025, shows an overall increase in European citizens’ trust in the EU, especially in the areas […]
Romania has dropped four positions in the global Startup Ecosystem 2025 report by StartupBlink. It is now ranked 48th worldwide, and has lost ground in Eastern Europe, where it dropped from 8th to 9th place, after Ukraine advanced one position and Greece two positions, surpassing Romania globally. However, Romania is now 16th in the global AI top […]
The Nufărul geothermal station in Oradea, developed through a European project worth EUR 25 million, was officially inaugurated on Thursday, May 29. The station is the first of its kind in Romania, and builders had to drill approximately 2,800 meters for water. “All extracted water comes to the geothermal station on Iancu de Hunedoara Street, […]
CTP, a leading developer, owner, and operator of industrial and logistics properties, has extended its collaboration with HelpShip, a major e-fulfillment and logistics provider within the euShipments.com group, increasing HelpShip’s leased space to 20,000 sqm at CTPark Oradea Cargo Terminal. The expanded facility will serve as the company’s main fulfilment center. With HelpShip’s growth from […]
