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Banca Romaneasca SA (Romania)

Main Activities: Commercial Banking
Full name: Banca Romaneasca SA Profile Updated: March 28, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2021 Available in: English Download a sample report

Banca Romaneasca, member of the National Bank of Greece was founded in 1993 as a universal commercial bank with private capital. Since September 1996, the bank became the first Western Union agent in Romania. For the first time in Romania, a bank was involved in electronic money transfer services worldwide. In 1996, the bank offers these services through six locations now being offered in 200 locations throughout the country. In 1999, the Romanian-American Investment acquired the majority, the Bank established partnerships with international financial institutions, which enabled support for Romanian SMEs. In October 2003, National Bank of Greece acquired the Romanian-American Investment Fund 81.65% of Romanian Bank capital, becoming the majority shareholder. Including bank NBG Group was one of the most significant phases in the history of Romanian Bank and a guarantee for an important position in the market for a long-term strategic development of it.

Headquarters
Strada Arh. Ion Mincu Nr. 3
Bucharest; Bucharest;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 24, 1992
Key Executives
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Director
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Director
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Administrator
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Administrator
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Administrator
Ownership Details
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0.02%
Subsidiaries
Societatea De Transfer De Fonduri Si Decontari Transfond SA
2.78%
Banca De Export Import A Romaniei (Eximbank) SA Bucuresti Sucursala Pitesti
Company Performance
Financial values in the chart are available after Banca Romaneasca SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net interest income
11.32%
Net fee and commission income
-5.94%
Operating profit (EBIT)
13.21%
Net Profit (Loss) for the Period
1.89%
Total assets
23.08%
Total equity
-6.59%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Cost to Income Ratio
5.3%

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