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Education loans from Banca Transilvania, backed by a European guarantee

PRESS RELEASES
9 August 2021
READING TIME: 2 MINUTES
Education loans from Banca Transilvania, backed by a European guarantee
  • BT offers financing to kindergartens, schools, universities and companies that invest in employee training, through the Skills & Education programme.
  • 80% of the loan is guaranteed by the European Investment Fund.
  • Skills & Education is the only lending programme with an external guarantee from the European Investment Fund, aimed at companies and institutions active in education.
  • For the bank, this is a new opportunity to contribute to the sustainable development of education and society.


Banca Transilvania supports education through Skills & Education, the only lending programme with an external guarantee from the European Investment Fund (EIF), designed for businesses in the education sector. Kindergartens, schools, universities and companies that invest in employee training can obtain financing.  


Loans are available up to 2 million euros or 9.7 million lei per client, with maturities from 1 to 8 years. 80% of the loan is guaranteed by the European Investment Fund.


The institution or company applying for financing under the Skills & Education programme must be registered and operate in Romania. It must also have up to 500 employees and no outstanding tax liabilities. Details about the financing are available online, at any of the bank’s branches or by calling the Contact Center & Customer Care team, at the phone number 0264 308 028 / *8028 .


“We need technology, resources and to train people to overcome the challenges in education. By supporting investments in new skills for employees in companies and institutions, this programme is a new opportunity for Banca Transilvania to contribute to the sustainable development of education and society,”
says Leonard Cornoiu, Director of European Programmes, Banca Transilvania.


The first step taken by the Banca Transilvania Financial Group in this direction this year was in February, with the launch, through BT Mic, of the Education Loan. It is intended to support private schools and kindergartens that need financing, providing access, in just a few days, to amounts of up to 200,000 lei, also guaranteed by the European Investment Fund.

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