Flag of Romania>

Economy and Banking Sector of Romania

Major Banks of Romania

Rank
1
Total Assets
67,321.00 mln RON  (+6.16%)
Market Share
19.09 %
Rank
2
Total Assets
59,218.63 mln RON  (+14.60%)
Market Share
16.79 %
Rank
3
Total Assets
53,318.87 mln RON  (+5.52%)
Market Share
15.12 %
Rank
4
Total Assets
33,617.20 mln RON  (+20.70%)
Market Share
9.53 %
Rank
5
Total Assets
31,616.34 mln RON  (+12.26%)
Market Share
8.97 %
Rank
6
Total Assets
15,596.19 mln RON  (+5.98%)
Market Share
4.42 %
Rank
7
Total Assets
10,845.74 mln RON  (-6.15%)
Market Share
3.08 %

Banca Comerciala Romana S.A.

Banca Comerciala Romana S.A. (BCR) was established in 1990 by taking over the commercial operations of the National Bank of Romania and in 2006 was acquired by Erste Bank (Austria). Banca Comerciala Romana provides universal banking operations (retail, corporate and investment banking, treasury and capital markets), and covers leasing operations, private pensions and housing financing through its subsidiaries.

Banca Comerciala Romana S.A. is the 1st largest bank in Romania in terms of total assets. In 2017 its total assets were 67 321,00 mln RON, providing the bank with the market share of 19.09%. In 2017 the bank's net income was 570,31 mln RON.

Banca Comerciala Romana S.A. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa3 (lower medium grade). Banca Comerciala Romana S.A. participates in deposit guarantee scheme of Romania.This scheme covers accounts up to 100,000 EUR per bank per depositor.

BANCA TRANSILVANIA S.A.

Banca Transilvania was founded in 1994 as a local bank, but rapidly expanded to the regional and then national level. Banca Transilvania operates as a universal bank, offering retail, private and corporate banking products and services.

BANCA TRANSILVANIA S.A. is the 2nd largest bank in Romania in terms of total assets. In 2017 its total assets were 59 218,63 mln RON, providing the bank with the market share of 16.79%. In 2017 the bank's net income was 1 185,98 mln RON.

BANCA TRANSILVANIA S.A. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB (speculative). BANCA TRANSILVANIA S.A. participates in deposit guarantee scheme of Romania.This scheme covers accounts up to 100,000 EUR per bank per depositor.

BRD - Groupe Societe Generale S.A.

BRD - Groupe Societe Generale (BRD) traces its roots back to 1923 when its ancestor, Societatea Nationala de Credit Industrial, was established. In December 1998, Société Générale Société Générale subscribed a 20% capital increase and purchased a stock that allowed it to own 51% of BRD's increased capital.In 2001, BRD was listed on the Bucharest Stock Exchange. In 2004, Société Générale purchased the residual stock held by the Romanian State in the capital of BRD. BRD operates as a universal bank providing retail and corporate banking products and services to individuals, SMEs and business entities. Through its subsidiaries BRD offers asset managament, insurance and pension solutions.

BRD - Groupe Societe Generale S.A. is the 3rd largest bank in Romania in terms of total assets. In 2017 its total assets were 53 318,87 mln RON, providing the bank with the market share of 15.12%. In 2017 the bank's net income was 1 380,38 mln RON.

BRD - Groupe Societe Generale S.A. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa3 (lower medium grade). BRD - Groupe Societe Generale S.A. participates in deposit guarantee scheme of Romania.This scheme covers accounts up to 100,000 EUR per bank per depositor.

ING Bank NV, Amsterdam - Bucharest Branch

ING Bank is a member of ING Group, a financial company specializing in insurance and banking. ING Bank is a universal bank offering a wide range of products and services to individuals, families, small businesses, large corporations, financial institutions, governments, public and private institutions and supranational bodies. ING Bank is a market leader in "Benelux" countries (the Netherlands, Belgium and Luxembourg) where it currently has strong market positions in retail and commercial banking. ING Bank NV, Amsterdam - Bucharest Branch operates as a branch of ING Bank NV (Netherlands).

ING Bank NV, Amsterdam - Bucharest Branch is the 4th largest bank in Romania in terms of total assets. In 2017 its total assets were 33 617,20 mln RON, providing the bank with the market share of 9.53%. In 2017 the bank's net income was 488,06 mln RON.

ING Bank NV, Amsterdam - Bucharest Branch participates in deposit guarantee scheme of the Netherlands.This scheme covers accounts up to 100,000 EUR per bank per depositor.

CEC BANK S.A.

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.

CEC BANK S.A. is the 5th largest bank in Romania in terms of total assets. In 2017 its total assets were 31 616,34 mln RON, providing the bank with the market share of 8.97%. In 2017 the bank's net income was 171,54 mln RON.

CEC BANK S.A. participates in deposit guarantee scheme of Romania.This scheme covers accounts up to 100,000 EUR per bank per depositor.

ALPHA BANK ROMANIA S.A.

Alpha Bank Romania was established in 1993 by the European Bank of Reconstruction and Development and Alpha Bank Group (Greece) as Banca Bucuresti SA and started its operations in 1994. In 2000 Banca Bucuresti SA was renamed to Alpha Bank Romania. Alpha Bank Romania operates as a universal bank providing a broad range of services and products for individuals, SMEs and companies.

Services
Retail Banking
Corporate Banking

Products

ALPHA BANK ROMANIA S.A. is the 6th largest bank in Romania in terms of total assets. In 2017 its total assets were 15 596,19 mln RON, providing the bank with the market share of 4.42%. In 2017 the bank's net income was 214,73 mln RON.

ALPHA BANK ROMANIA S.A. participates in deposit guarantee scheme of Romania.This scheme covers accounts up to 100,000 EUR per bank per depositor.

Bancpost S.A.

Established in 1991, Bancpost offers a broad range of banking products and services to retail, corporate and high-net worth customers through its extended nationwide network of branches and alternative distribution channels. In November 2003, Eurobank (Eurobank Ergasias SA) became the majority shareholder of Bancpost. In January 2019, Bancpost was merged into Banca Transilvania.

Bancpost S.A. was the 7th largest bank in Romania in terms of total assets. In 2017 its total assets were 10 845,74 mln RON, providing the bank with the market share of 3.08%. In 2017 the bank's net income was 66,02 mln RON.

Bancpost S.A. participates in deposit guarantee scheme of Romania.This scheme covers accounts up to 100,000 EUR per bank per depositor.

See Also