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ATE Bank MSME

Sector: Raw Materials • Location: Romania

Source: International Finance Corporation (IFC)

Project
Completed

This project aims to help ATE Bank Romania S.A. (ATER or the Bank), an existing client of IFC, to scale-up its activities in its micro small and medium enterprises (MSME) finance operations including the underserved agribusiness sector.ATER, established in 1990, is a small-sized bank in Romania, providing a wide range of products and services mainly to small and medium-sized enterprises and indivi

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The project “ATE Bank MSME” is an infrastructure initiative in the Raw Materials sector, located in Romania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Email

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Description

Description

This project aims to help ATE Bank Romania S.A. (ATER or the Bank), an existing client of IFC, to scale-up its activities in its micro small and medium enterprises (MSME) finance operations including the underserved agribusiness sector.ATER, established in 1990, is a small-sized bank in Romania, providing a wide range of products and services mainly to small and medium-sized enterprises and individuals, with a 0.24% market share in total banking assets as of December 31, 2007. This project is aimed at complementing IFC’s initial investment in the Bank, a $7 million convertible loan granted in 2004.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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