Lender Garanti Bank will offer loans to young people who want to attend the MBA program for entrepreneurs organized by the Institute for Business Administration in Bucharest - ASEBUSS, according to the bank. The MBA program is run between October 2013 and April 2015 and costs EUR 12,000.

Garanti Bank is part of Garanti Group Romania, owned by Turkiye Garanti Bankasi. The Group also includes Garanti Leasing, Garanti Credite de Consum and Garanti Credite Ipotecare.

Garanti Romania recorded a consolidated net profit of EUR 9.9 million in the first quarter of 2013, an almost 70 percent rise from the same period last year and revenues of EUR 45.4 million.

The Institute for Business Administration in Bucharest (ASEBUSS) was founded in 1993 through a program financed by USAID - The United States Agency of International Development.

Irina Popescu, irina.popescu@romania-insider.com

(photo source: Garanti)