July 21, 2017 9:26 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: 45
Deputy Chief Executive officer and Deputy Chairman of Country Board
Director of Corporate Communications
Compensation as of Fiscal Year 2017.

ING Bank Romania Key Developments

Ing Bank Romania Announces Earnings Results for 2016

ING Bank Romania announced earnings results for 2016. The net profit of the company surged 42% to RON 474 million ($110 million/EUR 104 million) in 2016, mainly due to increased lending and the sale of Visa shares. The bank's revenues rose 29% on the year to RON 1.32 billion in 2016, due to the RON 123 million sale of Visa shares and increased lending.

ING Bank Romania Reports Earnings Results for the Nine Months Ended September 2016

ING Bank Romania reported earnings results for the nine months ended September 2016. For the nine months, the company’s net profit surged 56% to RON 391 million, mainly due to the sale of Visa shares and increased lending. The bank's revenues rose 32% on the year to RON 988 million in January-September. Excluding the impact of Visa shares sale, total revenues rose 16% to RON 865 million.

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.

Similar Private Companies By Industry

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Recent Private Companies Transactions

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

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