Romanian Banca Transilvania gets EUR 150 mln loan from the “EU bank”

The European Investment Bank (EIB), which is now promoting itself as the “EU bank”, has authorized a EUR 150 million loan to Romanian Banca Transilvania (BVB ticker: TLV), the country’s third largest bank, to support projects to be promoted by local small and medium-sized enterprises (SMEs), midcap companies and public entities in the sectors of industry, services, agriculture and infrastructure in Romania, according to an EIB announcement on Wednesday, October 22, according to Romania-Insider.com.

Read More