September 28, 2016 9:04 PM ET

Banks

Company Overview of ING Bank Romania

Company Overview

ING Bank Romania offers banking, insurance, financial, and asset management services to corporate and retail clients. It also provides internet banking services. The company was founded in 1989 and is based in Bucharest, Romania. ING Bank Romania operates as a subsidiary of ING Groep NV.

Bd. Kiseleff, nr. 11-13

Sector 1

Bucharest,  011342

Romania

Founded in 1989

Phone:

40 21 222 1600

Fax:

40 21 222 1401

Key Executives for ING Bank Romania

Chief Executive Officer
Age: 44
Deputy Chief Executive officer and Deputy Chairman of Country Board
Director of Corporate Communications
Compensation as of Fiscal Year 2016.

ING Bank Romania Key Developments

ING Bank Romania Reports Earnings Results for the First Quarter Ended March 2016

ING Bank Romania reported earnings results for the first quarter ended March 2016. For the quarter, net profit grew 3% to RON 84 million. The bank's revenues rose 13% on the year to RON 271 million.

ING Bank Romania Reports Consolidated Revenue Results for the Year 2015

ING Bank Romania reported consolidated revenue results for the year 2015. Revenues rose 13% to RON 1.02 billion last year while operating costs increased by 9% to RON 575 million due to increased activity, investment in IT infrastructure development and business applications, regulatory costs and new employees.

ING Bank Romania Reports Consolidated Earnings Results for the Year 2014

ING Bank Romania reported consolidated earnings results for the year 2014. For the year, the company reported gross profit increased by 19% to a record-high RON 340 million (USD 85 million/EUR 76 million) in 2014, on higher revenue and a 40% drop in risk provisions. The bank's revenues rose 4% to RON 918 million last year. The bank's return on equity rose to 20% from 16% a year earlier.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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