To bolster economic activity and promote green financing in Moldova, the Bank established a new partnership with Microinvest S.R.L. the leading microfinance company in Moldova. Under this partnership BSTDB provided a EUR 10 million combined credit line aimed at enhancing the access to finance of small businesses and supporting the real economy in Moldova.

The four-year facility will fund micro, small, and medium-sized enterprises (MSMEs) to support their growth. A portion of these funds will be specifically allocated for green financing initiatives, including renewable energy, energy efficiency, waste management, and low-carbon technologies.

The green component is the pilot implementation under the BSTDB Green Credit Line for financial intermediaries and contributes to the execution of the BSTDB Climate Change Strategy, better aligning BSTDB financing to the Bank shareholders’ own climate priorities. It represents an opportunity to expand BSTDB’s climate change financing to a wider pool of sub-borrowers, thus supporting more effectively decarbonizing the economies in the Black Sea Region.

The loan to Microinvest is consistent with the strategic objectives of BSTDB to support the development of the financial sector. MSMEs lending is one of the main developmental pillars of the Bank, as funds are directed to the real economy through the intermediation of a financial institution.

With over 20 years of experience, Microinvest S.R.L. stands as Moldova’s premier microfinance institution, empowering businesses and individuals with tailored financial solutions. The company has a significant share in the non-banking sector and is the fifth largest player in Moldova among banks and non-bank financial institutions. It is a highly regarded brand in Moldova, supported by a well-developed branch network. As a new partner financial intermediary, Microinvest represents an excellent channel for the Bank to direct financial resources to micro and SME beneficiaries.