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IFC's first "blue" loan in Central and Eastern Europe goes to Banca Transilvania

The International Financial Corporation (IFC) will extend a landmark EUR 100 mln loan to Banca Transilvania (BT), Romania's largest lender, as the first "blue" financing loan in Central and Eastern Europe to increase funding for the sustainable use of water (blue) projects in Romania.   To comply with all the European Union (EU) requirements relating to the water and wastewater sectors, Romania will have ...

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