Patria Credit IFN, owned by Patria Bank Group, reported a 44% increase in 2023 net profit, reaching RON 8.54M.

Non-banking entity Patria Credit IFN, owned by Patria Bank Group, reported a 44% increase in 2023 net profit, reaching RON 8.54M. Loan portfolio rose 14% to RON 184M, with 81% in agriculture and 84% in investment loans. The institution supports Romanian farmers and micro-enterprises and had its license renewed by the European Commission. In 2023, it signed contracts with CEB and REDI.