Translated version of this PSD: Romanian
Project Description
The EBRD extended a €10 million SME loan to BT Leasing Transilvania IFN, Banca Transilvania’s leasing subsidiary. The EBRD loan will be used by BT Leasing to support Romanian SMEs by providing financial leases.
Transition Impact
The proposed loan will contribute to the development of the leasing financing in Romania, as well as to channelling financial support to SMEs, which still have limited access to funding sources. The EBRD loan will enable BT Leasing to diversify its funding sources and benefit from long term financing.
The Client
BT Leasing was set up in 1995 and is fully owned by Banca Transilvania. As of end of 2011, the company had total assets of € 44.4 million, total equity of €11 million and net profit of €2.1 million (IFRS audited).
EBRD Finance
A senior loan for up to €10 million extended by the Bank to BT Leasing.
Project Cost
Up to €10 million.
Environmental Impact
Categorised FI. BT Leasing will be required to continue to comply with the EBRD's Performance Requirements 2 & 9 and the EBRD’s Environmental and Social Procedures for Leasing. This will include adherence to the EBRD's Environmental and Social Exclusion Lists and submission of annual environmental and social reports to the Bank.
Technical Cooperation
None.
Company Contact
BT Leasing
Cluj-Napoca, George Baritiu Street, no. 1, 1st floor
E-mail: btleasing.@btleasing.ro
Contact: Mr. Ionut Morar – Leasing Director
Phone: +40 264 402 010
Fax: +40 264 444 150
Email: ionut.morar@btleasing.ro
Business opportunities
For business opportunities or procurement, contact the client company.
For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com
General enquiries
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP
