We are thrilled to welcome Romania’s first state-owned development bank, BID, as a new member of the European Association of Public Banks (EAPB).
Together, we share a commitment to public interest-driven finance—prioritizing long-term impact over short-term profit.
As actors of growth, institutions like BID exemplify finance with purpose, delivering trusted solutions to:
✅ Fix market failures through targeted financing for SMEs, start-ups, and green infrastructure—providing reinforcement where private banking channels cannot fully address needs.
✅ Accelerate EU priorities—from climate neutrality to leveraging European funds effectively—offering solutions where an extra layer of support is beneficial.
✅ Strengthen Europe’s and Romania’s economy by bridging gaps private banks cannot address alone—extending reach where private banks face natural constraints. BID’s role is pivotal in complementing the work of private banks to ensure no viable project goes unfunded.
BID’s strategic goals—from boosting SME access to finance to attracting private capital for critical projects—align perfectly with EAPB’s vision of collaborative, sustainable public banking.
Why does this matter? Public banks like BID don’t just fund projects—they transform economies. By joining forces across Europe, we amplify our ability to deliver inclusive growth, innovation, and resilience.
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