EBRD LEASING LOANS
September 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) has announced two loans that will allow Romanian and Slovenian companies to lease commercial and passenger vehicles. As part of its general remit to develop eastern Europe, the bank will lend Euro 10 million to Romania's BCR Leasing, which will on-lend the money to small businesses "to purchase cars or equipment that will support their business development". EBRD Romania director Hildegard Gacek said: "As the country's leasing sector grows it is important that entrepreneurs gain ...
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