Around 40% of the loans were extended to household clients, CEC Bank’s president Radu Gratian Ghetea said.
CEC Bank is Romania’s third largest lender by assets, after Banca Comerciala Romana (BCR) and BRD-Societe Generale, according to bank information.
“We’ve taken quite a leap forward recently and we’ve achieved most of our goals, considering the financial and economic crisis,” Ghetea said.
CEC Bank employs over 6,300 staff and serves around 3.3 million clients. The bank has a share capital of RON1.04 billion. (EUR1=RON4.5026)