Provident Financial Romania

A big company for small loans

General Information
Company Name
Provident Financial Romania
Founded Year
2006
Location (Offices)
Romania +1
Founders / Decision Makers
Number of Employees
843
Industries
Financial Services
Funding Stage
-
Social Media

Provident Financial Romania - Company Profile

Provident Financial Romania is a subsidiary of the British-based International Personal Finance (IPF) Group, a prominent home credit provider operating across Europe, Mexico, and Australia. With a customer base of 2.3 million in 9 European countries, it is listed among the top 250 international companies traded on the London Stock Exchange. The company offers small, unsecured, short-term loans to over 200,000 under-served customers, aiming to make a positive impact on their daily lives by providing simple and personalized financial products. One of the distinguishing features of Provident Financial Romania is its unique personal relationship with customers. Prior to granting a loan, an agent meets the customer, and for those opting for the additional home service, weekly repayments are collected in person. Additionally, the company strongly advocates for inclusive and responsible lending and is committed to supporting various social responsibility programs, investing over €1,100,000 in areas such as financial education, environmental initiatives, and support for underprivileged groups. Having been established in 1997, Provident Financial Romania has made significant contributions to the Romanian economy, with investments exceeding €300 million and tax payments of over €100 million to the state budget. It currently employs almost 2,300 individuals across more than 60 cities in the country. The company's dedication to social responsibility is evident in its support for Siguranta Financiara, an online resource center for financial and entrepreneurship education, and the launch of Stii cu banii, the first online gaming platform for financial literacy which has garnered more than 12,000 users. For more information, visit www.provident.ro.

Taxonomy: Small loans, Unsecured loans, Short-term loans, Financial inclusion, Responsible lending, Corporate social responsibility, Financial education, Sustainable business, Customer-focused, International expansion, Employment impact, Tax contributions, Home credit, Personalized financial products, European market presence

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