Raiffeisen Bank Romania has strengthened its support for small and medium-sized enterprises by signing a guarantee agreement with the Romanian Investment and Development Bank (BID). Under this partnership, the bank will be able to provide total financing of over RON 1 billion to companies with annual turnover of up to €50 million, supported by a guarantee ceiling of RON 710 million.
Extended guarantees and improved access to funding
The guarantee mechanism covers up to 70% of the loan value and can reach 80% for certain categories of beneficiaries, including women-owned businesses, start-ups, and innovation-driven companies.
Read full article here: turnovernews.com
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Photo: Romania Insider
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