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Viva Borrowing from the bank, a great Romanian non-bank financial institution (NBFI) exposed which November their first subsidiary outside Romania, regarding the Czech Republic, following a great EUR one million investment considering team representatives. Viva Credit try centered this season by Ionut Stan, standard movie director, and you can Viorel Stan, president, once with observed an absence of inexpensive lines of credit of more old-fashioned provide such as for instance finance companies toward Romanian market.

Additionally, Viva Borrowing from the bank is designed to adjust the technology and knowhow currently developed towards the Romanian market to new Czech that, a thing that can be possible by undeniable fact that one another the fresh segments in addition to consumer routines at issue are different, told you new Stan cousins

The two decided on the fresh Czech Republic in the place of different countries in your community while the “the new Czech Republic enjoys an extremely competitive sector, all of the large Eu members have there been and possess had the experience for some time”, said Ionut Stan. “Inside Romania, to help you see information about a person, in the event the their family savings try theirs or perhaps not, when the they usually have paid off their fees or otherwise not, the process is nevertheless possibly carried out by hands”, told you Viorel Stan, as opposed to the Czech Republic where there’ve been more authorities financial support into the system and you can info is significantly more central, the guy additional. For this reason, “the latest sums loaned regarding the Czech Republic go for about twice as larger like in Romania,” extra the brand new GM.

For the moment, the firm in depth its fundamental aims in the Czech Republic since the “the fresh new modern development of its prominence inside the loan providers industry” and achieving the step one,100000 readers endurance towards the end with the seasons.