The European Bank for Reconstruction and
Development has provided a €2m loan to equipment leasing company BT
Leasing Moldova to continue to support the development of a leasing
market in Moldova.
BT Leasing Moldova specialises in leasing to
small and medium enterprises in Moldova.
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An EBRD statement said the country’s economy has started to
rapidly recover, and demand for financing from local SMEs is
growing whereas bank loans to businesses remain limited.
Small businesses represent about 98% of Moldovan enterprises and
the EBRD wants to diversify the availability of financing the
businesses.
“The EBRD supports BTL Moldova’s strategy to broaden its
outreach to customers across the country and to expand its product
portfolio,” said Libor Krkoska, head of the EBRD in Moldova. “By
assisting the further development of the leasing market we will
make a real difference to Moldovan small businesses, helping them
become stronger and more competitive.”
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