Green Forum • 24 June, 2024 at 10:00 AM
Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes. The first phase of the project was also backed by BT with €6million in January this year.
The standards offered by Quartier Azuga are based on modern living conditions and environmental responsibility, resulting in higher living standards, significant utility cost savings, and a reduced carbon footprint.
"Banca Transilvania supports high-quality green real estate projects such as Quartier Azuga. Our additional investment in the development of this new green residential community underlines our confidence in the quality of the project and its contribution to Bucharest's landscape and quality of life," sayid Cosmin Călin, Executive Director of Large Corporate, Banca Transilvania.
Since 2007, Banca Transilvania has been the first bank in Romania to provide energy-efficiency financing in the residential sector.