Unfunded risk-sharing framework for Banca Transilvania and Raiffeisen Bank New EBRD guarantee product for Romanian banks to expand businesses’ access to finance EBRD to guarantee up to 65 per cent of each individual sub-loan by two lenders The European Bank for Reconstruction and Development (EBRD) is launching a new risk-sharing framework for Romanian banks, with Banca Transilvania and Raiffeisen Bank the first to benefit. The risk-sharing framework is designed to allow the EBRD to share partner banks’ exposures to local enterprises through either funded or unfunded risk participation. The facilities to both Banca Transilvania and Raiffeisen Bank are provided on an unfunded risk participation basis, which makes it more akin to a guarantee. The EBRD will guarantee up to 65 per cent of each individual sub-loan provided by the two lenders to eligible clients. Its commitment under the respective agreements could reach up to €150 million to Banca Transilvania and €100 million to Raiffeisen Bank. Mark Davis, EBRD Regional Director for Romania and Bulgaria, said: “We want to ensure that `businesses in Romania have access to a more diverse range of financing sources that suit their needs. Risk-sharing is a new instrument in our toolbox as we continue providing finance that encourages investment and economic growth. I am pleased that our two strong partners Banca Transilvania and Raiffeisen Bank have already signed up.” The EBRD is a leading institutional investor in Romania. To date, the EBRD has invested €9.5 billion through 485 projects in the country, where some 77 per cent of the EBRD’s investments are in the private sector.
Every year, on the third Thursday of November, France celebrates the arrival of the Beaujolais Nouveau — the first wine of the harvest, young, fresh, and full of life. This joyful tradition has become a global symbol of conviviality, elegance, and the French art de vivre. In Bucharest, the celebration continues this year with an […]
The Romanian Football Federation (FRF) announced Bucharest’s candidacy to host the Europa League final in 2028 or 2029 at the National Arena, according to the FRF official website. The Europa League final represents a high-profile sporting event on a European scale. Istanbul will host the Europa League final in 2026, followed by Frankfurt in 2027. […]
Three cats from Romania received the top distinctions during the 2025 World Cat Championship held in Bucharest. Wild Forest’s Nordri, an imposing white Norwegian Forest Cat born in Romania, conquered the supreme title of 2025 World Champion, defeating over 750 cats from 35 countries. Nordri’s son, Wild Forest’s Quasar, aged 7 months, was also named […]
A report by the Romanian Court of Accounts, conducted between April and November 2024, which analyzed the organization and functioning of communes and small towns in relation to the population served, shows that, depending on the number of inhabitants, many towns and communes no longer meet the criteria for inclusion in their respective categories. According […]
An association of construction companies from Romania and Bulgaria has won the contract for building the first section of the A8 Târgu Neamț – Iași – Ungheni highway, with a bid of 4.76 billion (EUR 936 million). The contract for the 27-kilometer road can be signed within ten days if no appeals are filed. “The […]
The organizer of the march commemorating 10 years since the Colectiv club fire tragedy, Marian Rădună, was fined RON 3,000 (EUR 600) by the gendarmes because the demonstration exceeded 11:00 PM, the time set in the authorization. Approximately 200 people participated on Thursday, October 30, in the march commemorating 10 years since the tragedy at […]
