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.
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.
Deposits up to 100,000 EUR are covered by Romanian deposit guarantee scheme in CEC BANK S.A.
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.
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.
CEC BANK S.A. is headquartered in BUCURESTI.
CEC BANK S.A. is authorized and supervised by the National Bank of Romania.