Garanti BBVA Romania gets 50 million euros loan from EBRD

Garanti BBVA Romania has signed a financing agreement with the European Bank for Reconstruction and Development (EBRD) worth 50 million euros, aimed at strengthening the bank’s capital base and expanding its lending capacity in the Romanian economy, with a focus on supporting investments in the green economy.

“We are proud to strengthen our trusted partnership with the EBRD, through a project that delivers real impact for the future. This funding reflects our firm commitment to supporting the transition to a green economy. Both Garanti BBVA and the EBRD share the common goal of contributing actively to sustainable development, with a positive impact on the environment and society. Sustainability is not just a responsibility, but a true growth driver for Garanti BBVA – a strategic direction that guides all our actions dedicated to clients and communities”, said Mustafa Tiftikcioğlu, CEO of Garanti BBVA Romania.

“We are delighted to partner with Garanti BBVA on this subordinated loan, which will strengthen the bank’s capital base and enhance its green lending capacity,” said the EBRD’s Kristina Zagar, Director of EU Banks & Structured Finance.