BLBG:Raiffeisen’s Romanian Units May Get 50 Million-Euro EIB Credits
Raiffeisen International Bank AG (RBI)’s Romanian bank and leasing unit may get credit lines amounting to 50 million euros ($64 million) from the European Investment Bank to finance small and medium-sized companies.
Raiffeisen Bank Romania SA may get as much as 35 million euros, while Raiffeisen Leasing IFN SA may receive as much as 15 million euros in multi-purpose credit lines, EIB said in a statement on its website on Jan. 11. The credit lines are under EIB appraisal, according to the statement.
To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.
To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net