BT Leasing secures loan to support new leasing to SMEs
The financing will enable the company to further support local small and medium-sized enterprises (SMEs) as Romania strives to restart and consolidate growth.
BT Leasing was set up in 1995 as Banca Transilvania diversified its products with the provision of leasing services, especially to SMEs.
“The EBRD remains committed to supporting the development of the Romanian leasing sector. With this new loan, the Bank is promoting leasing as a flexible alternative for SME finance, in a period when businesses remain vulnerable to persisting liquidity constraints,” said Noel Edison, EBRD Director for Insurance and Financial Services.
“We are already signing the third credit facility with EBRD, since the start of our collaboration in 2003. This new financing will allow BT Leasing to consolidate its position as an important provider of SME leasing in a challenging financial market,” said Titus Nicoara, General Manager of BT Leasing.
BT Leasing was set up in 1995 as Banca Transilvania diversified its products with the provision of leasing services, especially to SMEs.
“The EBRD remains committed to supporting the development of the Romanian leasing sector. With this new loan, the Bank is promoting leasing as a flexible alternative for SME finance, in a period when businesses remain vulnerable to persisting liquidity constraints,” said Noel Edison, EBRD Director for Insurance and Financial Services.
“We are already signing the third credit facility with EBRD, since the start of our collaboration in 2003. This new financing will allow BT Leasing to consolidate its position as an important provider of SME leasing in a challenging financial market,” said Titus Nicoara, General Manager of BT Leasing.
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