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EIF and Romanian banks join forces to support SMEs with up to EUR 1 bln for sustainable growth

October 26, 2023

The European Investment Fund (EIF) announced on October 25 that it signed agreements with five banks to support Romania's small and medium-sized enterprises (SMEs) through a series of uncapped direct guarantees totalling EUR 1 billion. Financing is available in both RON and EUR.

The five local banks are Banca Comerciala Romana, Banca Transilvania, CEC Bank, Raiffeisen Bank, and ProCredit Bank. 

"The series of uncapped direct guarantees totalling EUR 1 billion is backed by the...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/eif-banks-smes-romania-october-2023
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