Garanti BBVA reports significant results four months after introducing new functionalities in the Mobile Banking app, enabling clients to quickly and easily apply for personal loans and Bonus Cards, without visiting branches. As a result, after 4 months from the launch, we have reached to a point that in October, 13% of loan applications and 21% of Bonus Card requests have been now submitted exclusively online, directly through the app. The bank aims to have the majority of the applications via online channel, considering that money transfers and lending options in the mobile banking application save significant costs and time for customers. Launched in June, the online lending feature allows existing clients to apply for personal loans or Bonus Cards 24/7, from anywhere in the world, using just a smartphone and an internet connection. The fully digitalized process eliminates the need for branch visits and offers a fast response time, providing convenient access to the financial solutions clients need. “We are pleased with the increased interest in our online services and the performance of our digital platform. In just four months, we have seen a significant rise in online applications, which reflects our clients’ trust in our digital solutions. Simplifying access to finance is a key part of our commitment to improving the experience for our existing clients. We are inviting you to be a part of Garanti BBVA’s customer family and experience from first hand our innovations, while comfortably sitting in your homes”, stated Tolga Banyocu, Deputy General Manager, Client Solutions Area, Garanti BBVA. To encourage the use of online services, Garanti BBVA has introduced additional benefits for clients. Those applying for a Bonus Card through Mobile Banking will receive 300 lei in bonus points upon approval, while applicants for personal loans will benefit from zero application analysis commission. This functionality is part of Garanti BBVA’s digitalization strategy, aimed at offering clients greater flexibility and helping them resume their postponed plans. The advantages offered by the app are currently available for existing clients. Other individuals interested in applying online for a personal loan or Bonus Card can do so after initially becoming clients of the bank. Garanti BBVA is currently running an extensive media campaign to promote the new benefits offered to existing customers through the Mobile Banking app. The campaign features the Romanian acapella band Blue Noise, it focuses on communicating the bank’s support in helping customers resume their postponed plans, and will broadcast across all communication channels – TV, cinema, radio, print, and social media. The initiative was joined as well by local influencers Denis Hanganu and Adrian Nartea.
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
Genesis College, one of the largest private educational institutions in Romania, announced the regulatory approval of the transaction through which the investment firm Mozaik Investments becomes its majority shareholder. The transaction, signed at the end of July, received all necessary approvals from the Competition Council on November 25, and, formally, the entire investment procedure is […]
The European Bank for Reconstruction and Development (EBRD) is lending up to EUR 29.9 million to the Romanian city of Brasov to finance energy efficiency upgrades in public buildings, initiating the city’s participation in the Bank’s flagship EBRD Green Cities programme. The Bank’s investment will fund the renovation of up to 20 public buildings, including […]
This festive season, JW Marriott Bucharest Grand Hotel invites guests to embrace the extraordinary and transform each moment into a lasting memory. On New Year’s Eve, the hotel unveils The Grand Countdown — a luminous celebration of new beginnings, thoughtfully crafted across four distinctive venues, each with its own character and atmosphere. The night begins […]
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over ArcelorMittal Tubular Products Iași (AMTP Iași) by Metinvest B.V. of the Netherlands, part of the Ukrainian steel and mining group owned by Rinat Akhmetov, New Voice of Ukraine reported last week. Metinvest has...
