BSTDB | Romania Feed

Garanti BBVA Romania has obtained a EUR10 million subordinated loan from The Black Sea Trade and Development Bank (BSTDB), with the funds set to be used inclusively to expand its local loan portfolio.

The Black Sea Trade and Development Bank (BSTDB) is providing EUR 40 million SME Facility to Garanti BBVA Romania to expand support for small and medium-sized enterprises (SMEs) in the country and help them sustain their business under the challenging conditions caused by the coronavirus pandemic.   The BSTDB’s five-year loan will fuel the investment […]

Today the Black Sea Trade and Development Bank (BSTDB) received an upgrade of its long- and short-term issuer credit ratings from the S&P Global Ratings to ‘A/A-1’ from ‘A-/A-2’. The outlook is stable.   The credit rating agency stated that the upgrade reflects the BSTDB’s confirmed policy relevance, illustrated by solid loan book growth over […]

The Black Sea Trade and Development Bank (BSTDB) has extended a EUR 50 million loan to One United Tower S.A. to facilitate the development of business infrastructure in Romania.   The purpose of the BSTDB loan is to finance the development costs of “One Tower”, a green office building making  part of the newly developed […]