Risk sharing agreement for financing Romanian companies, signed by Raiffeisen Bank and EBRD
Publicat:The European Bank for Reconstruction and Development (EBRD) launched on Monday a new agreement for risk sharing for Romanian banks, and Raiffeisen Bank is one of the first banks that will benefit from this, according to a press release sent by the financial institution.
According to the signed agreement, EBRD will guarantee up to 65% of each loan granted by Raiffeisen Bank to eligible clients. EBRD commitment for Raiffeisen Bank could reach 100 million Euro. The agreement for sharing risk is designed to allow EBRD to guarantee Raiffeisen Bank exposure to local companies.
"We want…
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