LEASING | ENGLISH

Garanti Leasing receives a EUR 7.5 million loan from Black Sea Trade and Development Bank to finance SMEs

Autor: Bancherul.ro
2014-05-09 09:10

Garanti Leasing, part of the financial-group Garanti Romania, has signed a loan agreement for EUR 7.5 million with the Black Sea Trade and Development Bank (BSTDB). The facility was granted for 5 years and will be used to support Garanti Leasing’s activities and diversify its funding sources for on-lending to small and medium-sized enterprises (SMEs), according to the bank press release.

Currently, 99% of Garanti Leasing’s clients are companies from sustainable market segments, such as transportation, logistics, medical sector, agricultural, constructions, heavy industry, etc.

“Three years ago we started focusing on the corporate and SME segments, responding to our clients’ financing needs. The small and medium-sized companies represent a priority for the Romanian economy and need diversified sources of financing to provide for business growth. Therefore, we are glad to start this partnership aimed at improving access to finance for SMEs, and also benefiting the development of Romania’s economy”, stated Okan Yurtsever, General Manager, Garanti Leasing.

“At a time when businesses continue to face limited access to financing mechanisms, leasing serves as an alternative funding source stimulating job creation and income generation. We expect that the financing we are providing today will also contribute to the regional cooperation between Romania and Turkey, which is a BSTDB objective as a regional development bank”, said Mr. Nejdet Sarisozen, BSTDB Director for Financial Institutions.

BSTDB extended its first leasing facility in the Black Sea region in 2003 and since then has signed 16 leasing operations in the amount of EUR 103 million in Bulgaria, Georgia, Moldova, Romania, Russia, and Turkey. The loan to Garanti Leasing increases the amount of signed leasing operations to over EUR 110 million.

Comentarii

Adauga un comentariu

Adauga un comentariu folosind contul de Facebook

Alte stiri din categoria: ENGLISH

Merger of Alpha Bank and UniCredit Bank Romania

Press Release: "Alpha Services and Holdings announces a strategic partnership with UniCredit in Romania Merger of Alpha Bank Romania and UniCredit Bank Romania and creation of third largest bank in Romania by total assets, with Alpha Bank retaining a detalii

National Bank of Romania (NBR) Board decisions on monetary policy

NBR Board decisions on monetary policy In its meeting of 4 April 2023, the Board of the National Bank of Romania decided: • to keep the monetary policy rate at 7.00 percent per annum; • to leave unchanged the lending (Lombard) facility rate at 8.00 percent per annum and the deposit facility rate at 6.00 percent per annum; • to keep the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions. The annual inflation rate went down to 15.52 percent in February 2023, from 16.37 percent in December 2022, relatively in line with forecasts. The decrease was mainly driven by the sizeable drop in the dynamics of fuel and detalii

ING posts 2022 net result of €3,674 million, dividend of €0.389 per share

ING press release: ING posts FY2022 net result of €3,674 million,
proposed final 2022 dividend of €0.389 per share

4Q2022 profit before tax of €1,711 million; CET1 ratio remains strong at 14.5%
•
Profit before tax up 29% on 4Q2021 and 24% on 3Q2022, mainly driven by higher income
•
Higher net interest income, as a further increase in liability margins helped offset TLTRO impact this quarter
•
Risk costs declined to 17 bps of average customer lending

Full-year 2022 net result of €3,674 million, supported by growing customer base and increase in lending and deposits
•
On a full-year basis, our primary customer base grew by 585,000 detalii

BT Financial Results as at 30 September 2022

BT Financial Results as at 30 September 2022 Banca Transilvania – sustained growth in customers and operations during the first nine months of the year "We continued our robust growth in the number of clients and transactions, with a dynamic well above the market average. We have been growing steadily and continued financing companies and individuals, despite the fact that the financial market is more fraught with uncertainty than ever and
the funding costs and capital requirements are additional factors driving the uncertainty in the economy. We remain committed to our objective - to be the main supporter of the economy and of the state for the development of Romania", states Mr. Ӧmer Tetik, Chief Executive detalii

Vezi toate stirile

21.11.2024

1 EUR = lei
1 USD = lei

Sursa BNR

Profil de Bancher

Titi-Aurelian Stoenescu, Directorul de Carduri al Raiffeisen Bank
Raiffeisen Bank

... vezi profil

Toate Profilele

Profil de Banca

Banca Transilvania

vezi detalii

Toate Bancile

Filmul Parking, un cliseu plictisitor

Toate stirile

ING Bank

Toate stirile

Ultimele Comentarii

LOAN OFFER
Buna ziua Aceasta pentru a informa publicul larg că oferim împrumuturi celor care au nevoie de ... detalii
!
Greu cu limba romana! Ce legatura are cuvantul "ecosistem" din limba romana cu sistemul de plati ... detalii
Bancnote vechi
Am 2 bancnote vechi:1-1000000lei;2-5000000lei Anul ... detalii
Bancnote vechi
Numar de ... detalii
Bancnote vechi
Am 3 bancnote vechi:1-1000000lei;1-5000lei;1-100000;mai multe bancnote cu eclipsa de ... detalii

Nume	*
E-mail	*
E-mail prieten	*
Mesaj
Cod validare	*
	Tastati codul din imagine (doar cifre)
	195.154.184.126