The European Bank for Reconstruction and Development (EBRD) has launched the InvestEU Portfolio Risk-Sharing Facility in Romania, marking a major step forward in mobilising sustainable private and public investment across the country.
Through InvestEU guarantees, the EBRD expects to mobilise over 270 million euro in new green finance from banks for individuals and businesses in Romania, delivering much-needed energy savings and carbon reductions.
The guarantees will be available to a wide range of borrowers – from individuals to large corporations – and will unlock financing for projects focused on energy-efficient buildings and sustainable transport. For Romanian households and businesses, this translates into improved financing conditions, reduced collateral requirements and more opportunities to invest in sustainable growth.
In addition to the guarantees, the EBRD will also provide local banks and final borrowers with comprehensive technical assistance, financed through the InvestEU Advisory Hub.
LIBRA Internet Bank is the first bank in the country to join the programme, with more local financial institutions expected to join in the near future.
InvestEU is a flagship initiative of the European Union aimed at supporting strategic investments in sustainable infrastructure, research, innovation and digitalisation, small and medium-sized enterprises, as well as social investment and skills. It provides a guarantee mechanism to unlock financing that would otherwise not be available, focusing on projects that promote long-term growth and resilience.
The EBRD is one of the main implementing partners of the InvestEU Programme and implements portfolio risk-sharing instruments for financial intermediaries in the EU economies in which it invests. By working with local financial institutions and market actors, the EBRD ensures that InvestEU support is delivered efficiently and is aligned with local needs and opportunities. The EBRD’s InvestEU guarantees and advisory support in Romania are financed through the Country Recovery and Resilience Facility, which the Romanian government has contributed to the Member States Compartment of the InvestEU programme.
Romania joins Bulgaria, Croatia and other EU markets in launching the programme, and this launch event marks the beginning of a new phase aimed at closing the sustainable investment gap and accelerating its green transition.
Speaking at the launch event in Bucharest, EBRD representatives stressed the importance of strong partnerships with banks, businesses and the Romanian government to unlock the full potential of this programme.
The EBRD is a long-standing partner of Romania in supporting private sector development and sustainable growth.
The bank is a major institutional investor in Romania, with over 12.4 billion euros invested in 589 projects to date.