First Bank (Romania)
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First Bank (Romania)
First Bank is a Romanian bank founded in 1995 as Pater Bank. Since May 2024, the financial institution has been controlled by the Italian group Intesa Sanpaolo. History Five years after it was founded, Pater Bank was sold in 2000 to Piraeus Bank, and its name was changed to reflect its new owner. Piraeus Bank sold its Romanian subsidiary to J.C. Flowers & Co. on 28 June 2018, who changed the bank's name to First Bank on 12 September 2018. As of the following month, its shareholding structure became as follows: * J.C. Flowers & Co. - 76.1% * EBRD - 19% * Natural persons - 4.9% In April 2020, First Bank acquired and absorbed the Romanian subsidiary of Bank Leumi Bank Leumi (, lit. ''National Bank''; ) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust () Limited formed before in London by members of the Zionism, .... In May 2024, the bank was acquired by the Italian group Intesa Sanpaol ...
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Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ...
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Bucharest
Bucharest ( , ; ) is the capital and largest city of Romania. The metropolis stands on the River Dâmbovița (river), Dâmbovița in south-eastern Romania. Its population is officially estimated at 1.76 million residents within a greater Bucharest metropolitan area, metropolitan area of 2.3 million residents, which makes Bucharest the List of cities in the European Union by population within city limits, 8th most-populous city in the European Union. The city area measures and comprises 6 districts (''Sectors of Bucharest, Sectoare''), while the metropolitan area covers . Bucharest is a major cultural, political and economic hub, the country's seat of government, and the capital of the Muntenia region. Bucharest was first mentioned in documents in 1459. The city became the capital in 1862 and is the centre of Romanian media, culture, and art. Its architecture is a mix of historical (mostly History of architecture#Revivalism and Eclecticism, Eclectic, but also Neoclassical arc ...
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Romania
Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to the east, and the Black Sea to the southeast. It has a mainly continental climate, and an area of with a population of 19 million people. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Europe's second-longest river, the Danube, empties into the Danube Delta in the southeast of the country. The Carpathian Mountains cross Romania from the north to the southwest and include Moldoveanu Peak, at an altitude of . Bucharest is the country's Bucharest metropolitan area, largest urban area and Economy of Romania, financial centre. Other major urban centers, urban areas include Cluj-Napoca, Timiș ...
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Piraeus Bank
Piraeus Bank () is a Greece, Greek multinational financial services company with its headquarters in Athens, Greece. Piraeus Bank's shares have been listed on the Athens Exchange, Athens Stock Exchange (Athens Exchange, ATHEX) since January 1918. In Greece, with a 30% market share in loans (34.4 billion) and 29% in deposits (54.6 billion), it is the country's largest bank. Piraeus has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. Overview Piraeus Bank is a universal bank providing various banking services. Historically a bank supportive of Small and medium enterprises, SMEs it now also possesses particular know-how in the areas of agricultural banking, consumer and mortgage credit, green banking, capital markets, investment banking, leasing and electronic banking. Piraeus Bank and its subsidiaries form the Piraeus Bank Group. Histor ...
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Intesa Sanpaolo
Intesa Sanpaolo Società per azioni, S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583. In 2020, the bank served approximately 14.6 million customers in Italy and 7.2 million customers in Central and Southeast Europe, Ukraine and Egypt through several subsidiaries such as Bank of Alexandria, CIB Bank, Privredna banka Zagreb, PBZ and Všeobecná úverová banka, VÚB Banka. By 2010, its assets had grown to US$877.66 billion, ranking 26th in ''Forbes Global 2000''. The company is a component of the Euro Stoxx 50 stock market index. Intesa Sanpaolo has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the E ...
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 75 countries and two European Union institutions, the newest shareholder being Nigeria since February 2025. Despite its public sector shareholders, it invests in private ente ...
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Romanians
Romanians (, ; dated Endonym and exonym, exonym ''Vlachs'') are a Romance languages, Romance-speaking ethnic group and nation native to Central Europe, Central, Eastern Europe, Eastern, and Southeastern Europe. Sharing a Culture of Romania, common culture and Cultural heritage, ancestry, they speak the Romanian language and live primarily in Romania and Moldova. The 2021 Romanian census found that 89.3% of Romania's citizens identified themselves as ethnic Romanians. In one interpretation of the 1989 census results in Moldova, the majority of Moldovans were counted as ethnic Romanians as well.''Ethnic Groups Worldwide: A Ready Reference Handbook By'' David Levinson (author), David Levinson, Published 1998 – Greenwood Publishing Group.At the time of the 1989 census, Moldova's total population was 4,335,400. The largest nationality in the republic, ethnic Romanians, numbered 2,795,000 persons, accounting for 64.5 percent of the population. Source U.S. Library of Congres ...
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Bank Leumi
Bank Leumi (, lit. ''National Bank''; ) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust () Limited formed before in London by members of the Zionism, Zionist movement to promote the industry, construction, agriculture, and infrastructure of the land hoped to ultimately become Israel. Today, Bank Leumi is Israel's largest bank (by total assets as of 2015), with overseas offices in Luxembourg, US, Switzerland, the UK, Mexico, Uruguay, Romania, Jersey, and China. Though nationalized in 1981, now Bank Leumi is mainly in private hands, with the government as the largest single shareholder, with 14.8% of the stock, The other major shareholders are Shlomo Eliyahu and Barnea Investments, which each hold 10% of the stock, constituting the control core of the bank. Sixty percent of the bank's stocks are held by the public and traded on the Tel Aviv Stock Exchange. History The antecedents of ...
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List Of Banks In Romania
This is a list of all the banks incorporated in Romania . Banks incorporated in Romania Universal banks (foreign-owned banks) *Alpha Bank * Banca Comercială Română (part of the Erste Group) *BRD – Groupe Société Générale * Garanti BBVA (part of the BBVA Group) * First Bank (part of Intesa Sanpaolo Group) *Intesa Sanpaolo * Libra Internet Bank * Vista Bank *Porsche Bank (soon to be rebranded into Credex Bank) *ProCredit Bank * Raiffeisen Bank * UniCredit Bank Universal banks (domestically-owned banks) *Banca Romana de Credite si Investitii (formerly ATEbank Romania) *Banca Transilvania *CEC Bank * Exim Banca Românească *Porsche Bank (soon to be rebranded into Credex Bank) * Patria Bank * Salt Bank (part of the Banca Transilvania Group) *TechVentures Bank Romanian branches of international banks Universal banks *ING * BNP Paribas Personal Finance *Revolut *TBI Bank * Alior Bank SA Varșovia - Sucursala Bucureşti * Credit Europe Bank (Romania) Corporate banks ...
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Banks Of Romania
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ...
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