Client: European Bank for Reconstruction and Development
Duration: 2006-2008
Region: Eastern Europe and Central Asia
Country: Romania
Solutions: Economic Growth
Established in 2000, Volksbank Leasing (VBL) quickly became one of the top players in the Romanian leasing sector. By 2005, VBL had concluded €112 million in leasing contracts, approximately 80 percent of which were in the vehicle leasing sector and the remaining 20 percent in equipment leasing. The company wanted to expand its equipment leasing business, and given its existing orientation toward the small- and medium-sized enterprise (SME) sector, saw the European Union/European Bank for Reconstruction and Development (EBRD) Finance Facility as an ideal opportunity to do so. DAI was contracted by the EBRD to help VBL expand its leasing operations for the SME segment.
![][1]
RELATED CONTENT:
The Supporting the Policy Environment for Economic Development+ program helped create a favorable business environment in Mozambique to attract investment and expand markets, contributing to inclusive economic growth and the conservation of natural resources.
Read More