Garanti BBVA Leasing, part of the Garanti BBVA Group Romania, has secured a €10 million loan from the European Bank for Reconstruction and Development (EBRD) to bolster the growth of small and medium-sized enterprises (SMEs) in Romania. This financing will enable Garanti BBVA Leasing to offer SMEs and micro-enterprises access to favorable leasing products for acquiring essential equipment and vehicles.

A notable aspect of this agreement is that 30% of the funds will be allocated to projects that support the transition to a green economy. This aligns with Garanti BBVA Leasing’s strategy to finance sustainable activities, providing critical financial resources for green investments.

“We are delighted to extend our long-standing partnership with the European Bank for Reconstruction and Development and continue to support the growth and resilience of small and medium-sized enterprises in Romania. The inclusion of dedicated green financing funds represents a significant step forward, perfectly aligning with Garanti BBVA Leasing’s strategy to offer companies leasing options for sustainable, environmentally-friendly projects,” said Okan Yurtsever, General Manager of Garanti BBVA Leasing.

This new loan marks the fifth agreement between Garanti BBVA Leasing and the EBRD since 2016, bringing the total financing received to €45 million. Victoria Zinchuk, EBRD Head of Romania, emphasized the importance of this partnership: “I’m pleased to expand cooperation with our longstanding partner Garanti BBVA Leasing. The project will improve access to finance for SMEs while also encouraging investments in green technologies. Garanti BBVA Leasing’s focus on SMEs is aligned with EBRD’s strategic objective for Romania to support SME lending.”

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