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RALFI IFN SA ROMANIA

Sector: Residential • Location: Romania

Source: International Finance Corporation (IFC)

Project
Completed

 The proposed investment consists of a senior loan of up to EUR10 million (in RON equivalent), to Ralfi IFN S.A Romania (operating as Garanti BBVA Consumer Finance) (Ralfi or the Company), a new client to IFC. The proposed investment will help to scale up the Company’s recently launched green loan portfolio, with 100% of IFC’s proceeds channeled to providing funding to individuals for the purchase

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Project Information

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The project “RALFI IFN SA ROMANIA” is an infrastructure initiative in the Residential sector, located in Romania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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completed

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Description

Description

 The proposed investment consists of a senior loan of up to EUR10 million (in RON equivalent), to Ralfi IFN S.A Romania (operating as Garanti BBVA Consumer Finance) (Ralfi or the Company), a new client to IFC. The proposed investment will help to scale up the Company’s recently launched green loan portfolio, with 100% of IFC’s proceeds channeled to providing funding to individuals for the purchase of eligible green assets including green housing upgrades, PV panels, electric/hybrid cars, electric bicycles and scooters, domestic appliances (A+++), geothermal heating devices for homes and home isolation materials and technologies. Established in 1997, Ralfi is a key player in Romania’s consumer finance market. It is a subsidiary of Turkey Garanti BBVA (TGB) and is regulated as a non-banking financial institution under the National Bank of Romania.                                                

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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