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June 25, 2017
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Banks in

CEC Bank

(Romanian CEC Bank)

CEC Bank must be a competitive universal commercial bank able to offer diverse and high-quality bank products and services to its clientele, focusing mainly on financing SMEs agriculture, public administration, as well as those banking projects that, by their nature, contribute to the economic development, generate and maintain the jobs number. The Bank shall be an active element in supporting the clients interested to access the European Funds. A special care will be further focused on the relation with the Romanian population. Their fundamental values are: confidence, honesty, stability; functional values are: security, convenience, simplicity and their representative values are: tradition, national symbol.
General Informations
HQ Address: Calea Victoriei nr. 11-13, Sector 3, Bucuresti, Romania
Opening Times: Click to view Opening Times
Phone: 021 311 011 19; 021 202 50 00; 021 312 34 65
Fax: 021 312 54 25
Web: CEC Bank
E-mail: office@cec.ro
SWIFT: CECEROBU PAN: N/A BANK SORT CODE: N/A
Branches: 115 Founded: 1864
History

1864, 28 July – The Council of Ministers approves the draft law on “the establishment of a deposits and consignments house” which was presented by Nicolae Rosetti-Balanescu, ad-interim Finance Minister in the cabinet led by Mihail Kogalniceanu (11 October 1863-26 January 1865); 1880, 16 January and 28 October – The decrees on the establishment of the Savings House, an institution attached to the Deposits and Consignments House, are published in Official Gazette of Romania Nos. 12 and 242. Shortly thereafter, the Deposits and Consignments House has its name changed to the Deposits, Consignments and Savings House; 1948, 1 September – Decree No. 224 on the establishment and organisation of the Savings, Cheques and Consignments House, or CEC, is published in the Official Gazette of Romania, Part One, No. 202. Following the enforcement of the said Decree, the Savings and Consignments House and the Savings and Postal Cheques National House were subject to a merger. Individuals from all across the country could entrust their savings to the newly-established institution that was charged with accepting and safekeeping them; 1949, 7 October – Decree No. 387 on the organisation, functioning and management of the Savings House (CEC) in the People’s Republic of Romania is published in Official Gazette of Romania No. 64; 2002, 21 November – Victor Slavescu, former president of the Savings House between 1942-47 and a member of the Romanian Academy, releases his book titled “The Life and Works of Economist Enric Winterhalder”. The event is accompanied by the opening of an exhibition with precious objects of the institution on display and by the launch of the commemorative medal “CEC 1864-2002”; 2003, 12 June – The standing exhibition showcasing precious objects of the institution (The CEC Museum) is officially opened; 2003, 24 November – Member of the Romanian Academy Victor Slavescu releases the book titled “Romania’s Finance under Prince Cuza”; 2005, 1 June – Official Gazette of Romania No. 463 publishes Government Emergency Ordinance No. 42 of 26 May 2005 on some measures for the reorganisation of the Savings Bank – CEC – ahead of its privatisation; 2005, 19 July – Order No. 979 of 8 July 2005 issued by the Ministry of Public Finance is published in Official Gazette of Romania No. 635. The said Order approves the Statute of the Savings Bank – CEC, which brings the institution in line with the modern commercial banks and paves the way for its privatisation; 2005, 3 August – Government Decision No. 806 of 14 July 2005 approving the strategy for privatisation of the Savings Bank – CEC – is published in Official Gazette of Romania No. 700; 2005, 10 August – The Ministry of Public Finance publishes the announcement for the privatisation of the Savings Bank – CEC; 2008, 4 March – Order No. 425 / 14 February 2008 issued by the Ministry of Economy and Finance on the approval of the Statute of Casa de Economii si Consemnatiuni CEC joint-stock company is published in Monitorul Oficial al Romaniei No. 164 / 4 March 2008; 2008, 6 May – Order No. 1312 / 25 April 2008 issued by the Ministry of Economy and Finance on the amendment of Order No. 425 / 14 February 2008 is published in Monitorul Oficial al Romaniei No. 347 / 6 May 2008. The said legal act sets forth the change of the image and the name of the institution to CEC Bank S.A.
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25/06/2017.
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