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About: CEC Bank     Goto   Sponge   Distinct   Permalink

An Entity of Type : yago:SocialGroup107950920, within Data Space : dbpedia.org associated with source document(s)

Type: Thingcompanyschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterpriseyago:WikicatBanksEstablishedIn1865yago:WikicatBanksOfRomaniayago:WikicatCompaniesBasedInBucharestyago:Abstraction100002137yago:Company108058098yago:DepositoryFinancialInstitution108420278yago:FinancialInstitution108054721yago:Group100031264yago:Institution108053576yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationuniversityyago:SocialGroup107950920 New Facet based on Instances of this Class

CEC Bank (prior to May 6, 2008 Casa de Economii și Consemnațiuni, but already known then as CEC), is a state-owned Romanian banking institution. In 1990, shortly after the Romanian Revolution of 1989, CEC had a 32.9% share of the Romanian market for banking; by 2006 this had fallen to 4.03%. At the end of 2009, CEC Bank had 1,351 branches, more than 800 of which were in rural Romania, many with only one or two employees. As of August 2009, the bank had 2.7 million customers.