Romanian UniCredit, EIF Sign EUR87.5M JEREMIE Agreement
The European Investment Fund and Romania’s UniCredit Tiriac Bank have signed a guarantee agreement under the Joint European Resources for Micro to Medium Enterprises (JEREMIE) initiative, allowing the bank to provide up to EUR87.5 million in new loans.
Following the agreement, UniCredit Tiriac will provide financing at preferential conditions to local small and medium enterprises. The loans will be provided for a period of two years starting with 2012. Reimbursement periods will be of maximum six years.
JEREMIE is a joint initiative launched by the European Commission and the European Investment Bank group to improve access to finance for SMEs in the EU within the Structural Funds framework for the period 2007 – 2013.
Citește și
4 min
Ștefan Stan
2 min
Ștefan Stan
2 min
Ștefan Stan