News

Finicredito's new financial solution: FiniMoto - 2008-07-10 14:46:12

Starting with 15th April 2008, Finicredito launched the product FiniMoto, for financing in leasing and credit new motorcycles and ATV, with engine capacity of 250 cm3.

Finicredito presented this financial solution in the Exhibition for Motorcycles and Accessories that took place during the period 17 - 20 April 2008 in the complex Prisma 2, near Bucharest. 

FiniMoto represents a leasing and credit financial solution proposed to Individuals, Liberals and Companies.

FiniMoto’s general conditions:

 

Contract’s type: leasing or credit
Down-payment: 25% - 50%
Reimbursement period: 12 – 48 month
Residual value: max 10% (for leasing)
Financed goods: new motorcycles and ATV, with financed amount between 4.000 euro and 20.000 euro

The insurance of the financed goods:
Finicredito insures the financed goods, with CASCO insurance and RCA.

 

How can you apply?

 

Through Finicredito it’s easy to apply for the finance solution that you find appropiate. You only have to choose the motorcycle or ATV from your preffered dealer, complete the application form and the file with the necessary documents.

In maximum 24 hours from receiving the complete file, we will communicate you the result of the financial analysis and the next steps that we’ll make together.

 

What are the advantages if you choose Finicredito:

 

• Fast and efficient process to apply
• Financial solutions adjusted to each client
• Registering the vehicle (for leasing contracts)
• Experienced team that gives you support before and during the period of the contract.

8 february 2008 - 2008-04-25 15:30:37

Press release: Finicredito, a new player in the specialized leasing and credit sector in Romanian Market

 

Finicredito, part of the Finibanco group, one of the financial groups from Portugal is launching officially this month its operations on the Romanian market.

 

Finicredito, founded in 1992 in Porto, is specialized in consumer credit being nowadays one of the references Credit Institution in Portugal. According with the sector’s association (ASFAC) Finicredito reached in 2007 a market share of 5.7%, with a business volume of 174 million euro and assets in the amount of 350 million euro.

 

Finicredito has at the present moment 13 branches (12 in Portugal and 1 in Romania), agreements with a large and spread dealer’s network and benefits from the 152 Finibanco branches network in Portugal.

 

Finicredito provides a large range of solutions for financing products and services acquisition in Leasing and Credit, adjusted to each profile. The main products offered are: leasing and credit for the acquisition of new or second-hand automobiles (domestic or import), credit for the acquisition of consumer durables and personal credit.

 

“Finicredito offers financial solutions adapted to each profile and wishes to become in a short time a reference in the leasing and credit specialized sector. With the flexibility of our solutions, value and commitment of our people, we believe we can develop strong and reliable relationships with the local dealers” said the chairman of Finicredito Mr. Humberto Leite.

 

Based on Romanian market benchmark, Finicredito solutions were developed based on:
• Down payment adjusted to each person and company profile
• Maximum terms suitable for the life period of the vehicle
• Competitive and adjusted price to each case solution
• Indexed and fixed interest rates
• Large Insurance package, including Casco and RCA
• Easy access and simplified procedure
• Prompt answer on the underwriting process
• Web access integrated software solution
• Proactive and efficient client support during entire contract’s life

 

“Finicredito intends also to extend their activity to several other cities, in order to provide a complete cover of the country, with branches fully prepared to offer the same solutions and high level of quality.

 

Based on the experience of 15 years on this activity, Finicredito propose to participate and contribute for the satisfaction of the needs of Romanian consumers” said the chairman of Finicredito Mr. Humberto Leite.

Euribor - 2008-02-12 10:34:48

Euribor® (Euro Interbank Offered Rate) is the rate at which euro interbank term deposits within the euro zone are offered by one prime bank to another prime bank and is published at 11.00 a.m. CET for spot value (T+2).

 

Euribor is the benchmark rate of the large euro money market that has emerged since 1999.

 

It is sponsored by the European Banking Federation (FBE), which represents the interests of 4 500 banks in 24 Member States of the European Union and in Iceland, Norway and Switzerland and by the Financial Markets Association (ACI).

 

For further information, please access EURIBOR web page: http://www.euribor.org/

BNR - 2008-04-03 12:02:15

Monetary policy rate is the maximum interest rate offered by NBR for deposit-taking operations on two weeks.

 

The current value of the rate is from march 9.00%.

 

This Monetary policy instrument is a specific mean throughout the central bank act toward his fundamental objective.

 

For further information, please access NBR web page: www.bnro.ro

National Conference ALB - 2008-01-27 13:53:46

National Conference ALB Nonbanking Financial Institutions took place in 18th October 2007.

 

This event offered all participants the opportunity to debate various subjects like the evolution of leasing market and other nonbanking financial services as credible sources for financing of economic development in Romania.

 

For further information, please access ALB web page: www.alb-leasing.ro