Raiffeisen Bank and the European Investment Fund (EIF) in February struck a 40 million euro deal to secure the loans aimed at small and medium-sized enterprises in Romania. The agreement targets loans used for investments run over at least three years, and the EIF will secure 50% of the loan granted by the bank to SMEs. “The agreement signed with the European Investment Fund will boost the volume of investment credits granted by Raiffeisen Bank,” stated Alexandru Ciobanu, head of SME sector with Raiffeisen Bank. ZF
ZF English
Banks build lending resources
Raiffeisen Bank and the European Investment Fund (EIF) in February struck a 40 million euro deal to secure the loans aimed at small and medium-sized enterprises in Romania. The agreement targets loans used for investments run over at least three years, and the EIF will secure 50% of the loan granted by the bank to SMEs