Ferratum holds an unusual position on the Romanian market: it's a Malta-headquartered bank, not an NBFI, but the main product offered to Romanian consumers (Ferratum Money) covers the micro-credit segment with sums between 100 and 5,700 lei. The APR offered (18-22%) is accessible within the small-sum segment, which reflects both its status as a bank with cheaper funding access and the selected risk profile. This guide describes the legal status, active products and what to check before applying.
Quick answer
• Ferratum Bank p.l.c. is a Maltese bank authorised by MFSA, registered with NBR as a foreign bank branch
• Ferratum Money product: sums 100-5,700 lei, terms 3-24 months
• APR between 18.2% and 22.4% on typical sums, accessible within the micro-credit segment
• 15-30 minute approval for sums below 2,400 lei with pre-approved profiles
• Trustpilot: 4.8 out of 5 from 73 reviews on 21 August 2026
• Apply online at the official Ferratum Romania site
Legal status and what it means for you
Ferratum Bank p.l.c. is a bank headquartered in Malta, authorised by the Malta Financial Services Authority (MFSA) under the European banking passport regime. In Romania it operates as a foreign bank branch authorised by NBR to provide financial services under EU Directive 2013/36/EU. This status has a few concrete implications for you as a consumer:
• Primary supervision is exercised by MFSA, with NBR acting as host authority
• The applicable deposit guarantee scheme is the Maltese one, up to 100,000 EUR per person
• That said, the main Ferratum product in Romania is credit, not deposits, so the deposit guarantee has limited relevance
• Consumer credit regulation is the Romanian one (GEO 50/2010), which Ferratum applies on the same terms as any creditor active on the market
Active products 2026
Ferratum Money
The main product. Sums between 100 and 5,700 lei, terms between 3 and 24 months. The distinctive feature is the lower APR within the small-sum segment: 18.2-22.4% on typical sums. The process is fully digital, with applications through an online form or the Ferratum mobile app launched in 2022. Preliminary approval for sums below 2,400 lei is automatic, with funds transferred in 15-30 minutes for pre-approved profiles.
Ferratum Plus
A product launched in 2024 for sums between 2,400 and 5,700 lei over terms up to 24 months. APR 18.2-19.8%, with income documentation required for new profiles. For existing clients with a positive history the process is simplified (top-up). The maximum cumulative sum for Ferratum clients in 2026 is 5,700 lei at any one time.
Official APR June 2026
Official simulator on ferratumbank.ro on 18 June 2026:
| Sum | Term | APR | Monthly | Total interest |
|---|---|---|---|---|
| 500 lei | 3 months | 26.7% | 178 lei | 34 lei |
| 1,000 lei | 6 months | 22.4% | 180 lei | 80 lei |
| 2,350 lei | 12 months | 21.3% | 220 lei | 290 lei |
| 3,500 lei | 18 months | 19.8% | 225 lei | 550 lei |
| 5,700 lei | 24 months | 18.2% | 285 lei | 1,140 lei |
Ferratum's APR reflects its bank status (access to funding through the European interbank market), the simple fee structure and the accepted risk profile (with strict requirements on Credit Bureau history).
Customer profile targeted
Ferratum Money is built for the bankable consumer who needs small sums quickly:
• Salaried earners with declared income above 1,870 lei per month
• Pensioners with a stable pension slip
• Freelancers with at least 12 months of fiscal history
• Credit Bureau profile with no active overdue records
• People who prefer small sums (under 5,700 lei) at the lowest possible cost in the segment
Application process
The application takes 5-10 minutes online:
Step 1: you enter the sum and term on ferratumbank.ro or the mobile app, and see the indicative APR and monthly rate.
Step 2: you fill in the form with ID, contact data, occupation, declared income, bank account. Upload ID via camera.
Step 3: automatic validation with a Credit Bureau query. Preliminary response in 1-3 minutes.
Step 4: if pre-approved, you receive the electronic contract with SECCI. Sign via SMS code or BulData.
Step 5: funds are transferred to your card. For sums below 2,400 lei and pre-approved profiles: 15-30 minutes. For larger sums: 2-24 business hours.
Trustpilot and feedback
On 21 August 2026, the Ferratum Romania profile showed 4.8 out of 5 from 73 reviews. The published distribution was 68% five-star, 14% four-star, 5% three-star, 3% two-star and 10% one-star.
The profile was unclaimed and showed no history of asking for reviews. This is a dated snapshot from a third-party platform, not a measure of credit cost or approval probability.
The case of Ana, Sibiu, February 2026
Roman Dumitrescu, former BCR risk analyst: "A reader, Ana, 29, financial officer at a Sibiu firm, wrote to me in February 2026 after borrowing 1,500 lei over 6 months from Ferratum for an urgent internal transport. The process, from application to fund transfer, took 22 minutes. Final APR 22.4%, monthly rate 270 lei, total interest 120 lei."
"For context, alternative offers for the same sum at the moment of application would have been: Hora Credit at 47% APR (175 lei interest), Provident at 71% APR (290 lei), a traditional bank at 14% APR but with 3-5 days for approval. Ana picked Ferratum for the combination of speed and accessible APR. The broader lesson for readers: for sums below 5,700 lei and quick needs, the bank micro-credit segment (Ferratum and similar) offers the best speed-cost balance compared with pure NBFIs on small sums."
Frequently asked questions
Can I hold several Ferratum loans at the same time? No. The company rule is one active Ferratum loan per client. For cumulative sums up to 5,700 lei you can request a top-up if the product allows it.
Does Ferratum accept people with foreign income? Yes, for Romanian citizens residing in Romania with monthly transfers confirmed by an account statement over at least 6 months.
What's the difference between Ferratum Money and Ferratum Plus? Money is for sums below 2,400 lei with fast automatic approval. Plus is for sums between 2,400 and 5,700 lei with extra documentation requirements and approval in 2-24 hours.
Can I repay early? Yes, under GEO 50/2010, with a maximum fee of 1% if less than a year remains and 0.5% above.
Does Ferratum report to the Credit Bureau? Yes, under NBR rules for foreign bank branches.
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Editor's note: "Ferratum represents a distinctive option on the Romanian market: a Maltese authorised bank with a micro-credit product for sums under 5,700 lei and APR accessible within the segment. For bankable profiles needing quick funds for small sums, the positioning is worth including in your comparison. The general recommendation, valid regardless of creditor, is a personalised simulation from 2-3 sources before deciding, so you identify the offer with the best conditions for your profile and specific need."