IFC lends EUR 22.5 mln to Garanti Bank in Romania to finance women entrepreneurs
“Women play a crucial role in business, and they have a direct impact on the type and quality of economic growth that a country experiences,” said Tomasz Telma, IFC Director for Europe and Central Asia. “Strengthening women’s participation in the Romanian private sector both empowers women and harnesses untapped potential for advancing development.”
Romania became a member of IFC in 1990. Currently, IFC’s portfolio in Romania stands at USD 632 million.
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