Ferratum holds a distinct position on the Romanian market: a Malta-headquartered bank, not an NBFI, but the main product (Ferratum Money) covers the micro-credit segment with sums between 100 and 5,700 lei. APR (18-22%) is among the most accessible in the small-sum segment.

Quick answer

Ferratum Bank p.l.c. is Malta-authorised by MFSA, registered with NBR as foreign bank branch. Ferratum Money product: 100-5,700 lei, 3-24 months. APR 18.2-22.4%. Apply at official site.

Legal status implications

Primary supervision by MFSA, NBR as host authority. Maltese deposit guarantee scheme applies (limited relevance since the main product is credit, not deposit). Romanian consumer credit law (GEO 50/2010) applies.

Roman Dumitrescu, former BCR risk analyst: "A reader, Ana, 29, in Sibiu, took 1,500 lei from Ferratum: 22 minutes from application to funds. APR 22.4%. For sums under 5,700 lei needing fast turnaround, the micro-credit bank segment offers best speed-cost combination."

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