EBRD unlocks €50 million for Moldovan small businesses with new guarantee to OTP Bank
Moldova Republic of, Oct. 29 -- The European Bank for Reconstruction and Development (EBRD) is providing a new unfunded portfolio risk-sharing facility of €25 million to OTP Bank Moldova, one of the country's systemically important banks. The EBRD guarantee will unlock up to €50 million of new lending to micro, small and medium-sized enterprises (MSMEs) in Moldova by partially covering the lender's credit risk on a portfolio of loans up to this amount.The new guarantee builds on the success of the EBRD's previous portfolio risk-sharing agreement with OTP Bank, signed in November 2024. By sharing credit risk on newly originated loans, the EBRD will help OTP Bank free up capital and expand its lending to local businesses, financin...
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