Bancpost won the financing contract at an auction held by the airport, which is the third largest in the country by passenger traffic.
The airport plans to use the financing for current expenses in the next three years, during which it plans to attract more airlines, increase passenger traffic and expand infrastructure, said airport general manager Iulian Daniel Idolu.
The Timisoara Airport had a passenger traffic of 735,469 last year, up 4.8% compared to 2013, and 10,293 flights, 1,000 fewer than in 2013. Cargo traffic increased 21% last year, to 1,937 tons.