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In a significant development for Romania's financial sector, OMRO IFN, a leader in microcrediting and fintech solutions, has successfully listed its third corporate bond on the Bucharest Stock Exchange (BVB). This latest issuance, valued at EUR 1.56 million, marks another milestone for the company as it continues to expand its financial offerings and support small businesses. The bond, with a fixed annual interest rate of 10.5%, will mature in 2029 and was exclusively subscribed by qualified investors through Goldring, a prominent financial consultancy firm. This new listing follows two previous successful bond issuances by OMRO IFN, further solidifying its position in the market.

Details of the New Corporate Bond Issuance

In the heart of Romania's bustling capital, the Bucharest Stock Exchange welcomed the third corporate bond from OMRO IFN, a company renowned for its innovative digital financing solutions. The new bond, identified as OMRO29E, carries a total value of EUR 1.56 million and is set to mature in 2029. Each bond unit is priced at EUR 100, offering a fixed annual interest rate of 10.5%. This issuance was facilitated under the Multilateral Trading System, ensuring transparency and efficiency in trading. The bond was exclusively subscribed by qualified investors, reflecting the trust and confidence placed in OMRO IFN by the financial community.

This latest achievement comes on the heels of two earlier successful listings: OMRO25E, which raised EUR 2 million in 2020 and matures in 2024, and OMRO26, issued in Romanian lei (RON) worth 10 million, maturing in 2027. Radu Hanga, President of the Bucharest Stock Exchange, praised this development, noting the growing trend of bond financing among Romanian enterprises. He highlighted how such initiatives contribute to the local economy by enhancing access to funding for small entrepreneurs and strengthening the flexibility of Romania’s crediting sector.

Georgiana Andrei, CEO of OMRO IFN, emphasized the company's commitment to fostering business growth. She explained that the success of the first two bond issues had enabled OMRO IFN to introduce fully online financing solutions and integrate new services like invoicing and payments. The fresh EUR 1.56 million injection would bolster efforts to develop solutions aimed at helping small businesses thrive. Virgil Zahan, CEO of Goldring, echoed similar sentiments, pointing out the remarkable growth of OMRO IFN over the past few years. Since its initial bond issue five years ago, the company's loan portfolio has quadrupled, revenues have surged nearly sixfold, and active loans have doubled. Bond financing has been instrumental in driving this expansion, presenting an attractive investment opportunity for stakeholders.

Moreover, OMRO IFN has been expanding its fintech ecosystem. In 2024, its subsidiary Filbo Pay S.A. secured an E-money license from the National Bank of Romania, becoming only the fourth company in Romania to achieve this distinction in the last six years. Additionally, OMRO has garnered substantial funding—RON 47 million—from major financial institutions, including Banca Transilvania, BNP Paribas, First Bank, CEC Bank, and ImpactEU, significantly enhancing its lending capabilities. The company's robust financial structure includes RON 11 million in equity, primarily held by Danube Capital SRL and Helenos SA Belgium, a pan-European private investment fund focused on social entrepreneurship.

From a reader's perspective, this news underscores the growing importance of bond financing in Romania's economic landscape. It highlights how innovative financial solutions can empower small businesses and contribute to the overall economic development of the country. The success of OMRO IFN serves as a testament to the potential of fintech companies in driving sustainable growth and creating new opportunities within the financial sector. This development also signals a positive trend towards diversification and resilience in Romania's capital markets, offering promising prospects for both investors and entrepreneurs alike.