Press releases
Summary
The funds will enable Romanian SMEs to invest in capital assets, expand operations and improve their competitiveness.This latest facility marks the fourth financing agreement between BSTDB and Garanti BBVA Leasing within the past decade, underscoring the strength and continuity of the partnership. These collaborations have facilitated critical investments, strengthened operational capacities, and improved market competitiveness for SMEs across Romania.SMEs play a crucial role in Romanias economy, serving as a key source of income and employment. "Leasing is a powerful and flexible alternative to traditional financing methods, offering businesses an accessible and efficient means to acquire essential equipment and assets without requiring substantial upfront investments," said Dr. Serhat K\xf6ksal, BSTDB President. "By collaborating with Garanti BBVA Leasing, a longstanding and trusted partner, we are reaffirming our commitment to empowering Romanias SME sectora vital pillar of the national economy and a key source of income and employment for its citizens. For more information and updates, please visit Garanti BBVA Leasings web page www.garantibbvaleasing.ro and LinkedIn page.The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, T\xfcrkiye, and Ukraine.