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Agricover Credit Ifn SA (Romania)

Main Activities: All Other Nondepository Credit Intermediation
Full name: Agricover Credit Ifn SA Profile Updated: August 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Agricover Credit IFN SA is a Romanian non-banking financial institution specialized exclusively in agricultural financing and is the first financial institution in Romania aimed exclusively at agriculture financing. Agricover Credit was launched in March 2007 with headquarters in Voluntari, Ilfov county. The company is the financing subsidiary of Agricover Holding. The company funding is provided for producers of cereals and oil crops (large crops), fruit growing, viticulture, vegetable growing and, last but not least, zootechnics. Agricover Credit IFN SA has a subscribed capital of 49.4 million RON and is operating according to the rules imposed by the National Bank of Romania and is registered in the special register of the Non-bank financial institutions.

Headquarters
Strada Pipera Nr. 1B
VOLUNTARI; Ilfov; Postal Code: 077190

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 14, 2011
Key Executives
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Manager
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Manager
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Administrator
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Administrator
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Administrator
Ownership Details
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100%
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Subsidiaries
Clubul Fermierilor Romani Broker De Asigurare SRL
51.02%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net interest income
17.68%
Net fee and commission income
-13.33%
Operating profit (EBIT)
32.8%
Net Profit (Loss) for the Period
32.01%
Total assets
12.6%
Total equity
13.24%
Cost to Income Ratio
-5.17%

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