Bucharest, 18 December – The European Fund for Southeast Europe (EFSE) is expanding its strategic partnership with Garanti BBVA Leasing, an important player in Romania’s leasing market, to provide dedicated financing to micro, small, and medium-sized enterprises (MSMEs) and support the country’s economic growth.
EFSE is providing a 7-year EUR 10 million loan to Garanti BBVA Leasing, aiming at increasing access to finance for local businesses through tailored leasing solutions, facilitating longer-term investments for sustainable business growth.
“Our collaboration with Garanti BBVA Leasing enables EFSE to support Romanian MSMEs in securing the tailored leasing solutions they need to invest in modern equipment and expand their operations,” said Jasminka Begert, Fund Director of EFSE at Finance in Motion. “This financing is a direct investment in the competitiveness and long-term growth of local businesses.”
“We are proud to further enhance our collaboration with EFSE, through this new financing agreement, which reflects the mutual trust and strong partnership we have cultivated over the years. This funding underscores our shared dedication to supporting Romania’s economic growth, by empowering micro, small, and medium-sized enterprises. It enables us to continue offering tailored leasing solutions that address the specific needs of MSMEs, helping them access essential resources, expand their businesses, and drive the country’s economic development,” said Okan Yurtsever, General Manager of Garanti BBVA Leasing.
About EFSE
An impact investment fund established in 2005, the European Fund for Southeast Europe (EFSE) aims to foster economic development and prosperity in Southeast Europe and the European Eastern Neighbourhood Region. EFSE was initiated by KfW Development Bank with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission. As the first public-private partnership of its kind, EFSE draws its capital from donor agencies, international financial institutions, and private institutional investors. Finance in Motion and Hauck & Aufhäuser Fund Services S.A., Luxembourg, co-manage the fund.
For more information on the European Fund for Southeast Europe, please visit: www.efse.lu
About Finance in Motion
Finance in Motion structures, manages, and advises almost €4 billion across 9 funds, all classified as Article 9. These private market funds drive impact for people and planet through regional financial intermediaries, direct investments, advisory and capacity building. Founded in Germany, with local expertise from Latin America to CEE, it has been investing in emerging markets for over 15 years.
www.finance-in-motion.com
About Garanti BBVA Leasing
Garanti BBVA Leasing (legal name Motoractive IFN SA) is part of the Garanti BBVA Romania Financial Group, which brings together the banking institution Garanti BBVA, Garanti BBVA Consumer Finance, and Garanti BBVA Fleet Management. Garanti BBVA Romania is owned by Garanti BBVA, the second-largest private bank in Türkiye per consolidated asset size, having as majority shareholder, the Spanish financial group Banco Bilbao Vizcaya Argentaria (BBVA).
With a 26-year tradition in the Romanian leasing market, Garanti BBVA Leasing complements the range of products and services offered by the Garanti BBVA Group with leasing offers for car fleets and commercial vehicles, equipment and real estate leasing, sale and lease-back options.
For more information and updates, please visit Garanti BBVA Leasing’s web page www.garantibbvaleasing.ro and LinkedIn page.
Media Contacts:
EFSE: Nusha Westhoff
Director Marketing & Communications
Mobile: +49 69 271 035-789
press@efse.lu
Garanti BBVA Leasing: Alexandra Rada
Mobile: +40 722 796 761
