SMEs can access credit lines of at most RON5 million, over a maximum of two years, to finance their working capital.
Banca Romaneasca signed an agreement to join the program with the National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM), which will guarantee almost half of the financing value, except interest rates and fees, the lender said in a statement Monday.
Banca Romaneasca has five business centers in Bucharest, Cluj-Napoca, Galati, Iasi and Brasov.