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BRD sets up RON 262.8 million guarantee ceiling for SMEs loans

BRD-Groupe Societe Generale has set up a RON 262.8 million guarantee ceiling for loans to Small and Medium Sized Enterprises (SMEs) under its Guarantee Programme, which allows the bank to extend loans totalling RON 525.6 million, the bank reported on Tuesday.BRD also says the programme is designed for the establishment of a favourable framework for the capitalisation on Romania's economic growth potentials and also for boosting the local business milieu by ...

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