BRD takes EUR 50 mln from EBRD to support small and medium firms
Local lender BRD has opened a EUR 50 million credit line from the European Bank for Reconstruction and Development (EBRD), which it intends to use to offer loans for small and medium enterprises.
Romania Insider · Journalist
· Updated · 1 min read
Local lender BRD has opened a EUR 50 million credit line from the European Bank for Reconstruction and Development (EBRD), which it intends to use to offer loans for small and medium enterprises. The loan is part of a bigger financing program from the EBRD, the World Bank and the European Investment Bank, which plans to offer EUR 25 billion to support the banking system in the region.
