Development Bank | Romania Feed

BRD Groupe Société Générale has signed two guarantee conventions with Romania Investment and Development Bank (BID) to stimulate SME funding, with the products securing credit risk coverage via a guarantee of up to 70%.

CEC Bank and the Investment and Development Bank (BID) have signed the first guarantee agreement destined to the funding of public sector strategic investment projects, via which administrative-territorial units, public utilities and local or national interest institutions will be able to more easily access funding for the development of infrastructure and public services, with guarantees provided by BID.

The European Commission has approved, under EU State aid rules, a EUR1.6 billion Romanian measure to set up the Romanian Investment and Development Bank.

The Black Sea Trade and Development Bank (BSTDB) has extended a EUR 50 million loan to One United Tower S.A. to facilitate the development of business infrastructure in Romania.   The purpose of the BSTDB loan is to finance the development costs of “One Tower”, a green office building making  part of the newly developed […]