CEC Bank targets top-five position after capitalisation

The EUR 200 million capital increase recently approved by the European Commission will help Romanian state-owned lender CEC Bank to set high targets such as ranking among the five biggest banks in the country, the bank’s new CEO Bogdan Neacsu said in a conference. CEC is one of the two banks still controlled by the Romanian state, alongside Eximbank. Romania’s largest banks are Banca Transilvania (a private lender controlled by ...

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