TBI boosts car loan requests by 25% in 2023 in response to rising demand

In the current economic context, buying a car can pose a significant expense for Romanians, and securing favorable financing terms isn’t always straightforward. In 2023, new car registrations reached 141,788 units, up 9.63% compared to 2022, according to data provided by the Romanian Automobile Manufacturers Association (ACAROM). In 2023, TBI Bank significantly increased its car loan applications by 25%, showing a strong commitment to help Romanians afford cars despite financial challenges, according to Business-Review.eu.

The total amount financed also grew by nearly 21%, an achievement that underlines the bank’s role in making car purchases more accessible at a time when finding good financing options can be tough. By engaging closely with its customers last year, tbi bank processed a record number of financing requests for car purchases. It’s all-in-one financing solution has become a key resource for those in Romania wanting to buy a car, offering access to over 2,000 automotive partners, with a financing process that stands out for its simplicity and speed.

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