Guaranteed consumer loans, grant agreement for …



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Guaranteed Consumer Loans, a member of the Garanti Romania Financial Group, has signed a € 7 million financing agreement with the Black Sea Trade and Development Bank (BSTDB) to finance investments in the region. 39, energy efficiency, renewable energy and water saving in the residential sector.

This is the first partnership between Garanti Consumer Loans and BSTDB and the third that Garanti Romania Group concludes with the international financial institution. Guaranteed Leasing has signed two loan agreements of 7.5 and 10 million euros respectively with BSTDB in 2014 and 2017 to help finance small and medium enterprises (SMEs).

"Energy efficiency measures have the effect of reducing energy costs, which translates into savings for customers, and our mission is to generate added value in the lives of our customers. to support them and to be with them, which is why the partnership with BSTDB is an important milestone.Guaranteed consumer loans, like all the institutions of the Garanti Romania group, support the ambitious projects.We have a long-term strategy in the local market, and this partnership confirms that, "said Bogdan Dobre, managing director of Garanti Consumer Loans.

In the first half of 2018, Garanti Consumer Loans granted a value financing of 37, 2 million euros, maintaining the same growth rate as in 2017.

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<p>   As part of the Guaranteed Romania financial and banking group in 2010, Garanti Consumer Loans has developed a solid portfolio of members over time and has expanded its presence at national level, with 72 </p>
<p>  The Garanti Romania Group also brings together Garanti Bank and Garanti Leasing (the brand under which Motoractive IFN SA operates). </p>
<p>  8] The Garanti Romania Group is owned by Turkiye Garanti Bankasi AS (TGB), the second largest bank in Turkey. TGB is a universal bank offering the best services in all business sectors and has more than 15 million customers in the corporate, commercial, small and medium-sized businesses as well as in retail integrated financial services </p>
<p>  Banco Bilbao Vizcaya Argentine (BBVA) is the majority shareholder of TGB </p>
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