BRD Groupe Societe Generale is launching, for the first time on the Romanian market, a loan linked to sustainability objectives (Sustainability Linked Loan - SLL) dedicated to Small and Medium Enterprises, according to a press release from the bank.
The loan is designed to encourage the integration of ESG (environmental, social, governance) objectives into the business strategy of SMEs, offering adjustments to the interest margin based on the achievement of agreed sustainability indicators.
The beneficiaries are companies with a turnover above 10 million euros, for loans worth at least 1 million euros, which hae implemented or intend to implement a series of sustainability objectives and/or ESG (Environmental, Social & Governance) factors in their businesses.
"Through this innovative product, BRD takes an important step in democratizing sustainable financing, offering SMEs access to instruments that were previously reserved for large companies. It is an initiative that reflects our ambition to be a benchmark in sustainable financing in Romania and to support the sustainable transformation of the local economy," said Jean-Philippe Guillaume, Deputy General Manager of BRD, coordinator of corporate banking activities.
The loan is available both for financing current activity, for a period of 2 or 3 years, and for investments (equipment purchases), for the medium or long term, and its structure is personalized according to the needs of each client, while maintaining a generic approach and not a sectoral one. ESG performance is monitored periodically, and the loan margin can be adjusted annually (decrease/increase), depending on the sustainability performance achieved.
BRD - Groupe Societe Generale operates a network of 358 units. The bank's total assets, at the end of March 2025, were 85.6 billion RON. BRD is part of the Societe Generale Group. The Group has 119,000 employees in 62 countries and 26 million customers worldwide.
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