CEC BANK S.A.

Anna Mileiko Created by Anna Mileiko

CEC BANK S.A. Logo

Address

Calea Victoriei nr.13, sector 3, 030022, BUCURESTI, Romania

BIC

CECEROBU

Overview

Category

Commercial banks

Business Focus

SME banking

CEC Bank is a universal commercial bank offering diverse and high-quality bank products and services to its clientele, focusing mainly on financing agricultural SMEs, public administration, as well as those banking projects that, by their nature, contribute to the economic development of Romania.

Performance

In 2023, CEC BANK S.A. achieved the position of 4th largest bank in Romania with a market share of 8.69%; its total assets grew by 35.51%.

Additionally, the bank became the 18th profitable bank in relation to its total assets showcasing 0.64% return on assets and 4.02% return on equity in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Romanian deposit guarantee scheme in CEC BANK S.A.

Services

retail banking
business banking

Products

current accounts
debit cards
credit cards
savings accounts
personal loans
mortgage loans
refinancing loans

Card Providers

VisaMasterCard

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

CEC BANK S.A. delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking
mobile app mobile app

Financials

Total Assets of CEC BANK S.A.
Net_income of CEC BANK S.A.
Market Share of CEC BANK S.A.
Total Assets (2023)
93,329.46 mln RON   (+35.51%)
Net Income (2023)
515.81 mln RON   (+21.56%)

CEC BANK S.A. ranks as the 4th largest bank in Romania by total assets. In 2023 its total assets were 93,329.46 mln RON, representing a 8.69% market share. In 2023 the bank's net income was 515.81 mln RON.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Bank Deposit Guarantee Fund (FGDB)Bank Deposit Guarantee Fund (FGDB)
Covered Accounts
any credit balance
Eligible Depositors
natural persons
legal entities

CEC BANK S.A. protects deposits up to up to 100,000 EUR per depositor through Romania's deposit guarantee scheme. The scheme applies to any credit balance made by natural persons, legal entities. The bank participates in the Bank Deposit Guarantee Fund (FGDB), making regular contributions into it.

See Also

Contacts

addressCalea Victoriei nr.13, sector 3, 030022, BUCURESTI, Romania

CEC BANK S.A. is headquartered in BUCURESTI.

Bank Identifiers

BIC (SWIFT)
CECEROBU
LEI
2138008AVF4W7FMW8W87
Company Number
361897
MFI ID
RORBPJR40046

Bank Supervision

Supervised By
National Bank of Romania

CEC BANK S.A. is authorized and supervised by the National Bank of Romania.

Flag of Romania

Romania Banking Insights and Helpful Posts

TheBanks.eu Values Your Privacy

We use cookies to provide you with an excellent user experience. By clicking “Accept All”, you consent to our use of cookies.

Customize Cookies

We use cookies to ensure an excellent user experience and provide personalized information. Below you will find a detailed description of all the types of cookies we use.

Necessary Cookies

Required for essential site functions, such as secure system log-in or setting your preference parameters. Necessary cookies do not store any personal data.

Analytical Cookies

Required for site usage statistics, allow the analysis of indicators such as the number of visits, traffic sources, etc.

Advertising Cookies

Required to provide personalized advertising based on visited pages and analyze ad campaign efficiency.