FRC S.C. Fondul Roman de Contragarantare S.A.

Strada Argentina, nr. 41, Sector 1
011753 Bucharest



Improving access to finance for SMEs, by taking a share of the risk incurred by guarantee funds and thereby support the sustainable functioning of the financial – banking markets in Romania, is the major component that determines the coordinates of the Romanian Counter-guarantee Fund vision. By its activity, the Romanian Counter-guarantee Fund ensures increasing confidence of banks and other categories of lenders in the solidity and solvency of the guarantee funds and general financial market in the development of the SME sector and business environment, with direct implications on job preservation, increased production and services, absorption of EU funds, mitigation and elimination of the effects of the crisis and the resumption of economic growth.

Are you/your members financial intermediary for EU-programmes?
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
Types of guarantee products provided by your organisation/your membersLoan default guarantees, Working capital loan guarantees, Project guarantees
Do you benefit from a counter-guarantee at local, regional or national level?
Local level or Regional level or National level
Type of scheme
guarantee or counter-guarantee
Other SME support instruments offered by your organisation/your members
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
Is the activity subject to state aid regulation?Yes
Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)?No
Type of organization
National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed
Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)?No
Do you (your members) dispose of an internal rating/scoring system?No
Do you (your members) use..?
De minimis or GBER or Regional guidelines or Notification
De minimis
Legal form
of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Legal form
of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Foundation (FPP) + central public authority (MFP, Ministry of Public Finance)
Shareholder structure
Private / Public (in %)
Private 32% Public 68%
i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models
Product typology
guarantee or counter-guarantee or co-guarantee
Structure / Network
i.e. central scheme with regional offices, central scheme only, association network
Central scheme only
Geographic coverage
i.e. local, regional, national
Profit / Non-profit oriented
dividends to public shareholders are not considered as profit orientation
Non-profit oriented
Supervision statute
i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members
Financial intermediary statute
Size of businesses supported
i.e. large companies, SMEs, micro-enterprises, independent/self-employed
SMEs, Micro-enterprises
Sectorial focus
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
Agriculture, Industry, commerce, transportation
Year of creation
individual entities or association