The partnership between tbi bank and STIHL Romania started this year, and from this autumn it offers customers the possibility to purchase STIHL products through BNPL financing tools, in 4 interest free installments (for values up to 2.000 lei) or up to 60 fixed installments (for values up to 50.000 lei). The financing can be obtained within 5 minutes, while full repayment in advance can be made at any time, with no cost.
”The importance of green spaces near the home is essential, we all want cleaner air and an area where we can do different physical activities to have a healthier life. To help Romanians live a healthier life, we offer them the possibility to get easier financing when buying quality garden equipment, and STIHL is a partner we can count on”, said Ionut Sabadac, VP Merchant Solutions, tbi bank.
Being in Romania since 1997, STIHL distributes the products exclusively through a network of 211 authorized distributors with a total of 357 partner stores. Worldwide it has more than 55,000 authorized dealers in more than 160 countries and, thanks to the superior quality of the products and services offered, STIHL has become the preferred choice of gardening professionals and enthusiasts worldwide.
"Our main objective has always been to offer a complete experience to those who want to work in and with nature or simply landscape their garden exactly the way they want. With the help of a strong partner like tbi bank, we can achieve our goals easier and be closer to our customers", said Florinel Radu, Commercial Director, STIHL Romania.
About tbi bank
tbi bank is a mobile-first challenger bank in South East Europe and regional leader in alternative payment solutions, building an ecosystem by combining financing and shopping to address customers’ needs. It focuses on helping merchants to grow their business as well as providing consumers with financial products and services that make their lives easier. Currently operates in Bulgaria, Romania, Greece, Germany, and Lithuania. Through various digital channels and trusted partnerships with nearly 20,000 merchant locations, tbi has a customer base of 2 million clients and issued nearly 550,000 loans in 2022. Its business model and customer-focused approach resulted in becoming one of the most profitable and efficient banks in the region.
About STIHL
The STIHL Group develops, manufactures and distributes power tools for professional forestry and agriculture as well as for garden and landscape maintenance, the construction sector and private garden owners. The product range is complemented by digital solutions and services. Products are distributed through authorized dealers and STIHL’s own online-shops, which will be expanded internationally over the next few years – including 42 sales and marketing subsidiaries, about 120 importers and more than 55,000 servicing dealers in over 160 countries. STIHL produces in its own plants in seven countries: Germany, USA, Brazil, Switzerland, Austria, China and in the Philippines. Since 1971 STIHL has been the world’s top-selling chainsaw brand. The company was founded in 1926 and is based in Waiblingen near Stuttgart. In 2022, STIHL achieved a worldwide sales volume of 5.49 billion euros with a workforce of 20,552.
