📋 Tender Overview
Project Number
50536
Company Name
GARANTI BANK SA
Date SPI Disclosed
Mar 19, 2025
Country
Romania
Region
Europe
Projected Board Date
Apr 15, 2025
Environmental Category
FI-2
Status
Pending Approval
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Sector
Commercial Banking - SME Finance
Additional Project Attributes
Blended Finance
Project Description
The proposed investment is an up to EUR40 million senior unsecured loan to Garanti BBVA Romania ( GBRO or the Bank ) for a tenor of up to 5-years, to be disbursed in EUR. The loan proceeds will be entirely used to finance women-owned micro small and medium size enterprises in Romania (W-MSMES), as defined per IFC’s eligibility criteria (the Project ). The Project is expected to be supported by the Women Entrepreneurs Opportunity Facility (WEOF)
