CEC Bank
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Finance Minister Says CEC Bank Will Be Listed Via Capital Increase By End-2020
State-run lender CEC Bank will be listed on the Bucharest Stock Exchange by the end of 2020, and the package of shares to be placed on the stock market will be the equivalent of at least 20%...
Romania Plans To List At Least 20% Of CEC Bank Shares On Bucharest Stock Market, Says Minister
Finance Minister Florin Citu on Wednesday told private television B1 TV that the plan is to list at least 20% of the shares of state-owned lender CEC Bank, besides the plan to list state-run...
European Commission Approves Recapitalization of Romania's State-Owned CEC Bank
The European Commission on Tuesday approved Romania's plans to inject EUR200 million (RON940 million) of capital in fully state-owned CEC Bank, finding the procedure to be free of any state...
Central Bank Approves New Executive Management Of CEC Bank
Romanian state-owned lender CEC Bank on Friday announced the structure of its executive management, following the completion of the nomination process by the General Assembly of Shareholders...
Bogdan Neacsu: CEC Bank Granted RON3B Loans Since Start Of 2019; Eyes Top 5 Spot Among Largest Banks In Romania
CEC Bank, one of the two banks held by the Romanian state, has granted loans worth approximately RON3 billion so far in 2019 and aims to be ranked among the top five largest banks in Romania...
CEC Bank Posts Record Gross Profit in 2018 But Loses Market Share
Romanian state-owned lender CEC Bank on Monday reported a pre-tax profit of RON432.97 million for 2018, its best financial performance in 11 years, but its market share dropped to 6.51% at t...
Finance Ministry Replaces CEC Bank Board
Romania's finance ministry has appointed Valentin Mavrodin, head of the state Treasury, as board chairman of state-owned CEC Bank, replacing Radu Ghetea, who was the bank's CEO and board cha...
CEC Bank To Grant Extra Loans Of RON30–35B After Getting RON940M Capital Injection From State
The Romanian state’s capital injection of RON940 million, from the state budget, into lender CEC Bank, will enable the latter to grant additional loans of RON30 – 35 billion, said Laurentiu...
Romania Seeks to Raise CEC Bank Capital By RON940M
Romania's finance ministry plans to raise the share capital of state-owned CEC Bank by RON940 million, according to the 2019 state budget draft released late Thursday.