Credits for SMEs

Raiffeisen Bank will enter the program initiated by the European Union for the support of the SMEs, the bank signing in this regard a loan of 30 million Euros with the Development Bank of Germany. Loans will be destined to the stimulation of the small and medium enterprises, with activity in the rural areas. The upper threshold of the loan is 250.000 Euros. Besides the loan, the petitioners will benefit from substantial non-refundable technical assistance from the EU, in a total amount of 3 million Euros. (B.D.)