Banca Transilvania (BT) and the Bank for Investment and Development (BID) have entered a strategic partnership to support Romanian small and medium-sized enterprises (SMEs) by enhancing access to guaranteed financing, reducing costs, and simplifying the lending process.

The newly signed guarantee agreement is part of the portfolio guarantee mechanism dedicated to SMEs. Under this initiative, Banca Transilvania will provide loans exceeding 1 billion lei, backed by BID’s guarantee ceiling.

BID’s guarantees increase companies’ ability to obtain the capital needed for growth, representing a key driver of sustainable development and accelerated financing of the national economy.

“Regardless of the economic context, Romania must continue looking toward the future. Beyond the critical infrastructure essential to growth, such as roads, highways, or digitalization, we also need to strengthen our financial infrastructure. Guarantee products stimulate investment, and we are confident that BID will become a key development partner for the economy and for the banking system. Entrepreneurs are already familiar with guarantee schemes, and we are certain they will welcome this news. This program is highly valuable for SMEs — which makes it highly valuable for BT as well,” stated Tiberiu Moisă (photo), Deputy CEO for SME & MidCorporate, Banca Transilvania.

“The partnership with Banca Transilvania marks another solid step in the right direction: transforming BID guarantees into a real engine for financing the Romanian economy. With each new banking partner, we build a stronger bridge between entrepreneurs’ potential and the capital they need to grow,” said Dan Sandu, CEO of the Bank for Investment and Development.