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Provident Financial Romania Institutie Financiara Nebancara SA (Romania)

Main Activities: Sales Financing | Other Activities Related to Credit Intermediation
Full name: Provident Financial Romania Institutie Financiara Nebancara SA Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Provident Financial Romania is a non-banking financial institution, registered in the National Bank of Romania's Register and specializes in providing small short-term loans. Provident Romania is a part of the British based International Personal Finance (IPF) Group, one of the leading home credit providers in Europe. The Group has 2.8 million customers in 11 European countries as well as in Mexico and Australia. Provident Romania began operations in 2006 as a non-banking financial institution. Company provides small loans, between 500 and 5,000 lei, for periods between 40 and 78 weeks. Reimbursement rates are on a weekly basis. In 2014, Provident Romania introduced to its portfolio higher values loans for longer periods.

Headquarters
Strada Serban Voda Nr. 133
Bucharest; Bucharest; Postal Code: 040205

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 03, 2006
Key Executives
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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99.9988%
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0.0012%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net interest income
12.57%
Net fee and commission income
7.52%
Operating profit (EBIT)
-9.31%
Net Profit (Loss) for the Period
-4.61%
Total assets
14.95%
Loans and advances to customers
14.79%
Total equity
12.08%
Total Assets Trend
-3.78%
Net Interest Income Trend
12.45%
Cost to Income Ratio
-1.33%
Loans to Deposits Ratio
-550.59%
Loans to Asset Ratio
-0.95%

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