Listing of the State-owned CEC Bank

Listing of the State-owned CEC Bank

The new Romanian Government, appointed in November 2019, plans to sell part of the shares in the state-owned CEC Bank. CEC Bank is the seventh largest bank in Romania and has the largest territorial network, with over 1.000 units in the country and has a market share of 6.5%.

In 2018 the company had assets of EUR 6.16 billion and a net profit of approx. EUR 90 million.

The new Romanian Government, appointed in November 2019, plans to sell part of the shares in the state-owned CEC Bank. CEC Bank is the seventh largest bank in Romania and has the largest territorial network, with over 1.000 units in the country and has a market share of 6.5%.

In 2018 the company had assets of EUR 6.16 billion and a net profit of approx. EUR 90 million.