The interim team will coordinate the bank’s operations in the coming months until the selection process for the new four-year mandates is completed.
IDB is also considering a EUR100 million capitalization, a key step to increase its financial intervention capacity, support a larger volume of investments, and diversify the instruments available for companies, particularly small and medium-sized enterprises (SMEs) and the public sector.
“BID is considering a capitalization of EUR100 million, a key step to increase its financial intervention capacity, support a larger volume of investments, and diversify the instruments available for companies, particularly SMEs and the public sector. A major objective for 2026 is the completion of the pillar-based evaluation process that the Bank is conducting with the European Commission, which will allow BID to operate as an implementing entity and direct manager of European financial instruments,” the bank said in a press statement.
In 2026, BID will continue scaling already active products, such as guarantees for SMEs and the public sector, and will develop new financial mechanisms adapted to national and European priorities, including green projects, strategic investments, and regional development.
“2026 is the year in which we turn the foundations built over the past two years into direct impact for the Romanian economy. We already have active financial products on the market for both the entrepreneurial environment and the public sector, as well as projects in new areas such as managing financial instruments and other forms of financial support funded by the Modernization Fund. We have the advantage of building on an already solid foundation, so we are confident in the development and consolidation of IDB’s position in the market,” said Raluca Nicolescu, Interim CEO of IDB, as quoted in the statement.
Between 2023–2025, IDB completed an essential stage of institutional development, establishing governance frameworks, operational infrastructure, and the technical capacity necessary to function as a development bank, the press statement reads.
The financial instruments already active for SMEs, the public sector, and regional development include: the SME portfolio guarantee, individual guarantees for public sector investments, and the Regional Participation Fund.
In terms of SME guarantee, IDB has signed guarantee agreements with nine financial intermediaries, including Romania’s largest banks and non-banking financial institutions dedicated to SME financing. The guarantee will support approximately 26,000 SMEs over the next three years through financing generated in the market by partner banks and financial institutions, totaling RON12.6 billion.
In the public sector, IDB guarantees support local and regional infrastructure and development projects, with a budget of RON 2.2 billion for the next three years and agreements signed with six commercial banks.
The Regional Participation Fund is managed by IDB and has a total allocation of over EUR233 million, largely from the North-East, South-East, and Bucharest-Ilfov Management Authorities within the 2021–2027 Regional Programs under the Cohesion Policy, with co-financing from the State Budget.
The Investment and Development Bank is the only development bank 100% owned by the Romanian state through the Ministry of Finance, created at the end of 2023 under the National Recovery and Resilience Plan.