The bonds have an annual interest rate of 9.5% payable half-yearly and a five-year maturity.
OMRO initially targeted RON7 million, but investors allotted RON10 million, triggering an oversubscription.
OMRO, a company which owns the brand and digital platform Filbo, is a non-banking financial institution present on the local market since 1994, being one of the first micro-crediting institutions in Romania and among the founding members of European Microfinance Network.
The Filbo.ro platform was launched in 2020 to offer complete online access to financing for micro-enterprises and individual entrepreneurs, in a faster and more flexible way as compared to the offer of other lenders or non-banking financial institutions (NBFIs).
filbo.ro enables entrepreneurs to access loans up to RON45,000, completely online. The Filbo platform entails a 100% digital experience.