EY-associated firm Bancila, Diaconu si Asociatii has advised the Revolut Bank on the launch of its first lending product in Romania.
According to Bancila, Diaconu si Asociatii, “Revolut, the super financial application that offers banking services to over two million customers in Romania, can grant, from August 2022, unsecured personal loans for a maximum amount of RON 125,000, in just a few minutes.”
"Since August 2022, the consumer credit, a responsible product offered by Revolut Bank, has become available for Romanian customers, who thus joined those from Lithuania, Poland, and Ireland," Revolut Romania General Manager Gabriela Simion commented. "Our objective remains to provide our customers with simple banking services, easy to use and understand, with transparent and competitive costs. We thank our partners who contributed to making this product available to our customers, and we are grateful to Revolut customers for their trust, materialized by the high interest shown in this product, since the first days after its launch on the local market."
Bancila, Diaconu si Asociatii’s team included Partners Radu Diaconu and Carmen Adamescu, Managing Associate Gabriela Neagu, and Manager Bogdan Picerea.