BUSINESS

EIF allows BCR, Raiffeisen Bank to provide EUR 315 M loans for SMEs

The European Investment Fund (EIF) has signed with Banca Comerciala Romana (BCR) and Raiffeisen Bank two guarantee agreements under the Joint European Resources for Micro to Medium Enterprises (JEREMIE) initiative, allowing the two banks to provide up to EUR 315 M of new loans to Romanian small and medium enterprises…....

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