Garanti BBVA and EIF partner to offer a minimum €30 million in guarantees to support Romanian companies

Business

Garanti BBVA and the European Investment Fund (EIF) have signed a strategic agreement to provide guarantees of a minimum of 30 million euros, to enhance Romanian companies` competitiveness and sustainability. The InvestEU guarantees will enable Garanti BBVA to facilitate a minimum of €42 million in financing for small and medium-sized enterprises (SMEs) across Romania, driving growth and supporting the country’s transition to a sustainable economy. Through this collaboration with EIF, Garanti

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