PROJECT

Projects

Summary of Investment Information

Project Number

50536

Company Name

GARANTI BANK SA

Date SPI Disclosed

Mar 19, 2025

Country

Romania

Region

Europe

Projected Board Date

Apr 15, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jul 12, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : May 8, 2025
Signed : May 30, 2025
Invested : Jul 10, 2025

Sector

Commercial Banking - SME Finance

Additional Project Attributes

Blended Finance

Project Description

 The proposed investment is an up to EUR40 million senior unsecured loan to Garanti BBVA Romania (“GBRO or the “Bank”) for a tenor of up to 5-years, to be disbursed in EUR. The loan proceeds will be entirely used to finance women-owned micro small and medium size enterprises in Romania (W-MSMES), as defined per IFC’s eligibility criteria (the “Project”). The Project is expected to be supported by the Women Entrepreneurs Opportunity Facility (WEOF)

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation