The average value of a loan reaches nearly RON2,000. In 2006, the largest amount available for a loan, under the valid legislation, stood at RON2,000, whereas currently, the amount is ten times higher, reaching RON20,000.
The number of customers reached 184,772 in 2019 and 170,892 in 2020.
Over the past 14 years, customer behavior has changed, so that, in 2006, the average amount borrowed stood at RON868, whereas now, the average amount borrowed grew nearly five times, up to RON4,073.
Provident has invested over EUR325 million in Romania since 2006 and paid over EUR113 million in taxes to the state budget. With some 2,000 employees, the company is the second largest British employer in Romania.
Provident Financial Romania is part of British International Personal Finance (IPF) Group, a provider of doorstep loans at home in Europe. The group has 2.1 million customers in nine countries in Europe, as well as in Mexico and Australia. IPF is one of the largest British employers in Central and Southeast Europe.