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CEC Bank launches RO-Patriot CENTENAR Credit for Romanians living abroad who want to return to the country, to start a business project and thus support Romania's economy.

According to official data, over three million Romanians live in other European Union countries. In order to support those who want to start a business in Romania, the RO-Patriot CENTENAR Credit is granted for a maximum of 60 months, with a grace period of up to 6 months and a maximum of amount of 200,000 lei, but no more of 70% of the total value of the investment project.

The credit can be guaranteed by any guarantee or mix of guarantees agreed by the Bank, with very advantageous costs:

  • Interest rate based on ROBOR 6M +1.6 pp .;
  • Analysis fee: 0 lei;
  • Award fee: 0 lei;
  • Management fee: 0.04%, monthly applied to the credit balance;
  • Early repayment: 0%.

Clients have an advantage of specialized counselling for the constitution of the credit file, through the Bank's largest Territorial Network (over 1,000 units, of which approximately 500 units in the rural area).

"According to its assumed mission, CEC Bank continues to be actively involved in any project aimed at sustaining the business environment, entrepreneurship and the SME segment, and in the Centenary Year, the Bank supports the return of Romanian citizens from the Diaspora. By the launching of this crediting product, we want to give a signal of national union on the occasion of the 100th Anniversary of the Great Union", said Mihaela Popa, General Manager - Chairman of the CEC Bank Steering Committee, interim.

Additional information about the bank's products and services can be obtained from any CEC Bank unit, by calling the Customer Support Service at tel. 0.800.800.848 - free of charge - or by accessing the Bank's website www.cec.ro.