BSTDB backs Moldova's Microinvest with €15M for small business, green loans

What's the deal? The Black Sea Trade and Development Bank (BSTDB) has signed a €15 million credit line with MicroinvestDealroom has a profile for this one. Try Dealroom →, a non-bank lender in Moldova. The facility will expand financing for micro, small, and medium-sized enterprises (MSMEs) and fund green investment across the country.

Why now? The deal builds on a €10 million credit line BSTDB extended to Microinvest in 2024 — a quick re-raise on the back of early results. By the end of 2025, that first facility had backed 233 sub-loans, including 63 green ones.

What's the endgame? Microinvest channels funding to entrepreneurs and smaller businesses that traditional banks often overlook. At least 50% of the new facility is earmarked for green investments, including energy efficiency, renewable energy, and sustainable agriculture.

The company: Microinvest leads Moldova's non-banking financial market, with a loan portfolio above MDL 9 billion and more than 52,600 active clients served through 420 staff and 17 offices. Since 2025, it has been part of the Banca Transilvania Financial GroupDealroom has a profile for this one. Try Dealroom →.

"Access to finance remains essential for smaller businesses to invest, grow and adapt," said Dr. Serhat Köksal, president of BSTDB. Microinvest chief executive officer Dumitru Svinarenco pointed to timing: "Entrepreneurs need access to financing at the right moment, when an opportunity or investment need appears."

The signal: Development lenders are increasingly tying capital for small businesses to climate goals, using non-bank intermediaries to reach borrowers beyond the banking mainstream. The rapid follow-on to Microinvest suggests the model is delivering measurable results.

Read more: bstdb.org

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