US EditionAgreement Between Transylvania Bank and Investment Bank and Development Bank to Support Investments for Infrastructure and Local Communities
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The Transylvania Bank and the Investment and Development Bank (BID) have announced the conclusion of an agreement to support the development of investment projects for infrastructure and local communities, by local public authorities and by their subsidiaries.
The two banks – one state-owned, the other private – will facilitate access to financing for city halls, state-owned and utility companies or public institutions The Investment and Development Bank (BID) and Banca Transilvania (BT) Cluj have signed a guarantee agreement for the public sector that facilitates the financing of strategic public projects. Through this agreement, administrative-territorial units, public companies that provide utility…
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