Crédit Agricole Romania will also provide loans, through the Prima Casă Program, this year after the National Guarantee Fund for Small and Medium Enterprises (FNGCIMM) has approved the request submitted by CABR.

The program was launched in 2009 and was created to support people who want to buy or build a home by providing a collateral for a low interest rate.

The credits offered by Crédit Agricole Romania have a standard interest rate of 2% / year + the Robor index at three months.

As in previous years, funds could be used to guarantee the purchase of dwellings as follows:

  • 50% State’s Guarantee for new homes, including those built through ANL programs, for which the reception documents upon completion of new construction works were signed no more than five years prior to the date of applying for the guaranteed loan – financing up to 66,500 EUR (RON equivalent) / credit;
  • 50% State’s guarantee for consolidated homes, for which the reception documents at the end of the intervention works for the purpose of consolidation and / or reduction of the seismic risk were signed no more than five years before the date of requesting the guaranteed loan, including those built under the programs by ANL – financing up to 66,500 EUR (RON equivalent) / credit;
  • 40% State’s guarantee for dwellings not fitting into the categories described above – up to EUR 57,000 (RON equivalent) / credit;

A whole bank just for you

Thanks to its universal customer-focused banking model – based on close cooperation between its retail banks and its specialised business lines – reaffirmed by its new “A whole bank just for you” brand signature, Crédit Agricole helps its customers to realise all their personal and business projects. It does so by offering them an extensive range of services consisting of day-to-day banking, loans, savings products, insurance, asset management, real estate, leasing and factoring, corporate and investment banking, issuer and investor services.

Serving 51 million customers[1] worldwide, it also stands out on account of its distribution model, multi-channel customer-focused banking, and the efforts of its 141,000 employees, who make Crédit Agricole the Customer Relationship-based bank.

Built on its strong cooperative and mutual foundations and led by its 9.3 million members and almost 31,000 directors of its Local and Regional Banks, Crédit Agricole’s organisational model gives it stability and staying power. It also draws its strength from its values of transparency, customer focus, accountability and openness to the world and from local communities, which it has cultivated over 120 years.

Crédit Agricole’s corporate social responsibility policy lies at the heart of its identity as a helpful and responsive bank over the long term. It is reflected in its products and services and informs the actions of all its business lines. It is a key factor contributing to overall performance and a powerful innovation driver.

Crédit Agricole Group extends its leadership year after year. It is the number one provider of financing to the French economy[2] and the number one insurer in France[3]. It is also the first bancassurer in Europe[4], the first European asset manager[5] and the world’s second-largest provider of green financing[6].

  • A presence in 47 countries
  • 51 million customers worldwide
  • 141,000 employees in France and abroad
  • 1 bancassurer in Europe
  • 1 European asset manager
  • The world’s second-largest provider of green financing
  • Among the European Top 3 in Consumer Credit

[1] Scope of French and international retail banking, Crédit Agricole Consumer Finance and Crédit Agricole Bank Polska consumer finance customers.

[2] Based on the value of outstanding deposits and loans as of 31/12/2016. Source: Bank, French retail banking.

[3] In terms of premium income. Source: l’Argus de l’assurance published on the 16 December 2016 and La Tribune de l’assurance published on the 16 November 2016.

[4] In terms of premium income. Source: l’Argus de l’assurance published on the 16 December 2016, data at end-2015.

[5] N°1 of all management companies who have their main Office in Europe – Source: IPE “Top 400 Asset managers” published in June 2016, based on assets under management at December 2015.

[6] Source: Bank.