Central Romania: tbi bank extends EUR 7.85 mln loan to REDESIGN’s Stejeriș project in Brașov

20 July 2026 One of the medium-sized banks in Romania, tbi bank, announced that it provided developer REDESIGN with financing worth EUR 7.85 million over 24 months to complete the first buildings in the second phase of the Stejeriș project in Brașov. The loan, with the principal repayable in full at maturity, will support the continuation of construction works on seven boutique residential buildings, each comprising a basement, ground floor, two upper floors and an attic level, with a total of 46 apartments. The buildings are already at an advanced stage of construction and are expected to be completed by the end of 2026. The value of this phase is estimated at EUR 26 million, with approximately 60% of the 46 apartments already pre-sold. “Through this financing, we are supporting the conti