Romanian lender Patria Bank (BVB: PBK) has secured a EUR 25 million loan from the European Investment Bank (EIB) under the Multiple Beneficiary Intermediated Loan (MBIL) program.\u00a0<\/p>\n
This initial tranche is part of a total of EUR 50 million approved by EIB to support small and medium-sized enterprises (SMEs) and mid-cap companies in Romania, with a focus on climate-related projects.\u00a0<\/p>\n
The funding aims to enhance Patria Bank’s ability to provide diverse financial solutions, particularly in renewable energy and energy efficiency sectors. Projects include solar and wind energy, low-carbon vehicle fleets, and energy storage systems.<\/p>\n
Valentin Vancea, CEO of Patria Bank, stated:\u00a0“This strategic partnership with the European Investment Bank enables us to support Romanian entrepreneurs and foster sustainable business practices.”\u00a0<\/p>\n
Controlled by EEAF Financial Services, Patria Bank had total assets of RON 4.2 billion (EUR 845 mln) at the end of March 2024. The bank has a market capitalization of RON 269 mln (EUR 54 mln).<\/p>\n
andrei@romania-insider.com<\/em><\/p>\n (Photo source: Patria Bank)<\/em><\/p>","protected":false},"excerpt":{"rendered":" Romanian lender Patria Bank (BVB: PBK) has secured a EUR 25 million loan from the European Investment Bank (EIB) under the Multiple Beneficiary Intermediated Loan (MBIL) program.\u00a0 This initial tranche is part of a total of EUR 50 million approved by EIB to support small and medium-sized enterprises (SMEs) and mid-cap companies in Romania, with […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1068","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1068"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1068\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}