RCF

The Romanian Counter-Guarantee Fund (RCF) was created in March 2009, the two founders being the Ministry of Economy, Trade and Business Environment and FPP.

RCF was created as a specialized financial institution, whose purpose is to counter-guarantee all guaranties granted by guarantee funds – Romanian legal persons – for credits and other financing instruments obtained by small and medium-sized enterprises from commercial banks and other sources. The Fund’s aim is to improve the access of SMEs to financing, by taking over part of the risk undertaken by guarantee funds.

RCF’s official website is available at www.frcg.ro. Additional information can also be found on the website of the Romanian Government.