Top Largest Banks in Romania

The top largest banks of Romania are Banca Comerciala Romana, Alpha Bank, BRD, Credit Europe Bank Romania, among others.

Banca Comerciala Romana (BCR; Romanian Commercial Bank) is the largest bank in Romania. The bank continues to develop its relationship with foreign correspondent banks as well as with international financial institutions, rating agencies and export credit agencies (ECA). It has received L/T issuer default rating BBB from Fitch Ratings (November 2008).

Credit Europe Bank (Romania) SA has been active on the Romanian market since February 2000, providing a broad range of products and services such as consumer finance operations, plastic cards, savings accounts, certificates of deposits, working capital loans, loans for SMEs, project finance transactions and trade finance operations. It is the largest provider of credit cards, with a market share of over 20% at the end of 2008.

BRD - Groupe Societe Generale is the second bank in terms of banking assets in Romania. It has been ranked first of the financial entities listed at the Bucharest Stock Exchange and second of all the listed companies.

Alpha Bank Romania is one of the strongest banks in the country, offering a wide spectrum of products and services for individuals and corporations through a network of branches located in Bucharest and in other major cities. The bank has had an excellent record of growth and excellent performance. It has received numerous awards, some of which include:
- Prize for the year's initiative in credit cards' field, offered by FINMEDIA.
- Prize for the best innovative banking product - Alpha Tax Protect, offered by Business Arena Magazine.
- Prize for the best adaptation of an Internet Banking service, for the utilities payment, offered by E-Finance Magazine.
- The most dynamic bank in the retail & corporate segment, awarded by Bucharest Business Week.
- The most active bank in the corporate segment, awarded by Finmedia.

* Next: Bucharest Stock Exchange

Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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