Banca Romaneasca has been delivering excellence in financial services since 1992, continually expanding its products and services to meet the diverse needs of its business clientele. It became the first international agent in Romania for Western Union Financial Services in 1996, initially offering services through 6 locations, which has now grown to 176 locations nationwide.
The bank's prudent management is evident through its pioneering decision in 1997 to secure a group of insurance policies from Lloyd's of London market, making it the first Romanian bank to be insured by BBB, computer crime, and D&O policies.
In 1999, the Romanian American Enterprise Fund acquired a majority stake, while in October 2003, the National Bank of Greece acquired 81.65% stake from the Romanian American Enterprise Fund, becoming the principal shareholder. This marked a pivotal moment, strengthening its market position and long-term strategic growth.
To further expand, the bank implemented a network development program and now operates 109 territorial units and 5 business centers, providing high-quality services to its clients. Its policy focuses on enhancing service and product distribution channels while maintaining a prudent approach to risk management.
Key Industries: Financial Services, Banking
