January 25, 2011 - The World Bank Group has announced that it is making $27 billion in funding available over the next two years for countries of Europe and Central Asia (ECA) affected by the Eurozone crisis.
Romania became a member of IFC in 1990. Since then, IFC's investment in Romania totaled $2.2 billion, including $521 million in syndicated loans, in 76 projects across a variety of sectors. Our committed investment portfolio in Romania as of 30 June 2013 is $619 million. In fiscal year 2013, IFC invested $160 million in Romania. IFC’s role in Romania is changing in light of the country’s EU membership and the growing availability of private financing. IFC has focused on agriculture, general manufacturing, infrastructure and health. IFC also invested in the financial markets and works to provide access to finance for smaller businesses in Romania.