MICROCAPITAL BRIEF: EFSE Lending $2.4m to BT Leasing MD to Support MSEs in Moldova During Coronavirus Pandemic

The European Fund for Southeast Europe (EFSE), a microfinance investment vehicle domiciled in Luxembourg, recently agreed to loan EUR 2 million (USD 2.4 million) to Banca Transilvania (BT) Leasing MD, a Moldovan entity controlled by Romania’s BT, to finance micro- and small enterprises (MSEs) that need