www.economica.net/raiffeisen-bank-si-bid-extind-fi

Small and medium enterprises (SMEs) in Romania can now access revolving credit lines and guarantees up to 80% for investment loans, thanks to an expanded partnership between Raiffeisen Bank and the Investment and Development Bank (BID). This initiative aims to support SMEs in financing their working capital and investments, enhancing their productivity and competitiveness. The guarantees can cover up to 60% for working capital and 70% for investment loans, with potential increases for eligible beneficiaries. The program targets financially viable SMEs without tax arrears and emphasizes environmental sustainability. Raiffeisen Bank serves around 2.4 million clients, while BID aims to facilitate financing and support economic competitiveness.