For the next three years, the institution is making available a total guarantee ceiling of RON2.1 billion, exclusively destined to public beneficiaries.
CEC Bank is BID’s first financial institution partner, with the development bank set to seal similar conventions with other commercial banks in the coming period.
BID is entirely owned by the Romanian state, via the Finance Ministry, and was created in late 2023 within PNRR, with the task of supporting durable economic development and boosting regional competitiveness.
(English version by Catalina Apostoiu)