Moreover, the institution allows for the opening of online accounts by companies having EU resident legal persons or individuals as shareholders as well.

“We are stepping up investments in technology and in supplying omni-channel experiences and we are also taking SME-targeted banking services in the digital area after having launched the first digital products for individuals last year,” explains Bogdan Neacsu, CEC Bank general manager.

Founded in 1864, CEC Bank now has the widest national network, with over 1,000 branches and territorial units. Assets topped RON44.4 billion at end-June 2021.

(English version by Catalina Apostoiu)