Overview of Banks in Romania
The National Bank of Romania )NBR) acts as the central monetary authority in the country. The NBR became a member of the European System of Central Banks in 2007. The central bank sets monetary policy, licenses and supervises banks in Romania, and issues currency in the form of coins and banknotes.
In a 2021 report by Moody’s Investors Service, the rating agency gave banks in Central and Eastern Europe (which includes banks in Romania) a stable outlook, The stable rating reflects their robust economic growth prospects and strengthened ability to carry and reduce debt, which makes their credit profiles resilient to the sharp deterioration of their public finances in 2020. Aging populations and structural economic change will remain longer-term challenges for the region.
For anyone considering a career in banking in Romania, this list of banks in Romania is a helpful guide on where to start. To learn more, see our list of financial institutions.
The Top Banks in Romania are:
Banca Comerciala Romana (BCR)
Established in 1990, Banca Comerciala Romana (BCR) is the largest of the banks in Romania in terms of assets. BCR offers retail, treasury and capital markets, and corporate and investment banking services.
Operating as a subsidiary of Erste Group (Austria), the bank oversees a network of 21 corporate business centers, 22 mobile offices, 431 retail units, more than 2,000 ATMs, and 15,300 POS terminals.
Net income: RON 814.12 million (2020)
Total assets: RON 81.99 billion (2020)
BRD – Group Societe Generale
BRD – Group Societe Generale started its operations in Romania in 1990 after purchasing the assets and liabilities of the former Banca de Investitii. BRD oversees 870 branches and serves 2.2 million customers through three business segments: retail land SMEs, investment banking, and large corporations.
BRD is the largest of the banks in Romania in terms of number of branches. Headquartered in Bucuresti, the bank is a member of France-based Societe Generale.
Net income: RON 962.1 million (2020)
Total assets: RON 65.10 billion (3/2021)
Founded in 1994, Banca Transilvania operates through three primary segments: Retail, SME, and Corporate, with a special focus on healthcare, agriculture, and European funds. It employs more than 10,000 staff and serves over two million clients.
The bank operates an office in Cluj-Napoca, 50 branches, 431 agencies, 21 bank units, seven healthcare division units, two private banking agencies in Romania and one branch in Italy, and one regional office in Bucharest. Banca Transilvania S.A. was incorporated in 1993 and is headquartered in Cluj-Napoca, Romania.
Net income: RON 1.38 billion (2020)
Total assets: RON 110.89 billion (3/2021)
UniCredit Bank was established in Romania in 1991 as Banca Comerciala Ion Tiriac SA (Banca Tiriac). It is one of several banks in Romania that provides a wide range of products and services to individual and private customers, SMEs, and major Romanian and multinational corporations.
As of 2019, the bank served over 600,000 customers and managed 146 branches. It is a member of the Italian banking group UniCredit SpA.
Net income: RON 492.97 million (2020)
Total assets: RON 51.97 billion (2020)
CEC Bank traces its roots to 1881, making it the oldest of the banks in Romania. The bank focuses on providing financing to agricultural SMEs, public administration, and economic development projects throughout the country.
Net income: RON 379.6 million (2019)
Total assets: RON 32.85 billion (2019)
Raiffeisen Bank provides a comprehensive range of financial products and services to retail customers, SMEs, and major corporations. The bank oversees several distribution channels, which include over 350 banking outlets, ATMs, and EPOS terminals strategically located throughout Romania. Headquartered in Bucharest, it operates as a subsidiary of Raiffeisen Banking Group (Austria).
Net income: RON 636.61 million (2020)
Total assets: RON 52.05 billion (2020)
Established in 1992, Banca Romaneasca is majority-owned by the National Bank of Greece. The bank provides a comprehensive range of banking products and services to retail and corporate clients of banks in Romania. Based in Bucharest, it manages five corporate business centers and 109 units throughout Romania.
Net income: RON -17.13 million (2019)
Total assets: RON 6.63 billion (2019)
Alpha Bank Romania
Alpha Bank Romania commenced operations in 1993 as Banca Bucaresti SA. It offers a full range of financial products and services to retail customers, SMEs, and corporate customers.
The bank operates as a subsidiary of Alpha Bank Group, Greece’s largest financial group. It operates a network of 130 branches, which included 36 branches in Bucharest, as well as 94 branches in other cities in Romania.
Net income: RON 79.03 million (2019)
Total assets: RON 17.82 billion (2019)
OTP Bank Romania
OTP Bank Romania provides various banking products and services to individuals, small and medium enterprises, and corporations in Romania. It operates 62 branches, 33 agencies and employs around 1,500 individuals.
The bank was founded in 1995 and is headquartered in Bucharest, Romania. OTP Bank Romania is a subsidiary of OTP Bank Plc.
Net income: RON 70.54 million (2019)
Total assets: RON 13.24 billion (2019)
Careers in Investment Banking
To break into investment banking, there are several important things to focus on. These include networking, resume, experience, and financial modeling skills. To learn more, explore our interactive career map: For banking careers, you will have a significant edge over the competition with our financial modeling courses.
This has been a guide to the top banks in Romania. For anyone looking for a career in banking, this list is a great place to start your networking. Please also see these additional resources: