IFC partners with UniCredit Bank to boost access to climate finance in Romania
Government
A new IFC investment in senior bonds issued by UniCredit Bank S.A., the Romanian subsidiary of UniCredit S.p.A., representing the first tranche of the total €108 million investment approved in relation to UniCredit Bank`s Euro Medium Term Notes Programme, will expand access to green loans for small and medium enterprises (SMEs) and individuals, including women, to bolster the country’s climate finance market and support its green transition. Romania’s energy intensity remains over 60 percent
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