The EBRD is stepping up its efforts to help Romania overcome the impact of the financial crisis with an EUR 80 million loan to Banca Comerciala Romania (BCR) for on-lending to small and medium-sized enterprises, a press release informs. The loan, to be provided in two equal tranches, will support local businesses which are still affected by the global financial crisis. As Romania returns towards a path of more robust growth, it is especially important to improve the access of companies to finance. BCR will provide financing to SMEs and medium-sized corporates in the form of investment loans, revolving credit facilities, loans for working capital, financing for leasing, factoring or other appropriate financing instruments with a special focus on the agriculture and agri-business sectors. Loans to companies will be available in euro or RON
