Transilvania Bank and the Investment and Development Bank have signed an agreement to support investments in infrastructure and communities, providing guarantees between 5 and 150 million lei

Transylvania Bank (BT) and the Investment and Development Bank (BID) have concluded a partnership to support the development of investment projects aimed at infrastructure and local communities. This agreement expands local and regional financing capacity, reducing risks and facilitating access to sustainable financing. The BID guarantee ranges between 5 and 150 million lei, with a maximum guarantee period of 15 years and a guarantee percentage of up to 80%. BID will provide a total guarantee ceiling of 2.1 billion lei for the next three years, supporting projects in areas such as digitization, education, health, and energy. This agreement facilitates access for Administrative-Territorial Units and public companies to financing, continuing the expansion of the BID guarantee program. BID, 100% owned by the Romanian state, has the mission of supporting economic and social development, promoting public investments in essential areas for communities.