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July 05, 2015 7:42 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: 43
Deputy Chief Executive officer and Deputy Chairman of Country Board
Director of Corporate Communications
Compensation as of Fiscal Year 2015.

ING Bank Romania Key Developments

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.

ING Bank Romania Announces Earnings Results for the Year 2013

ING Bank Romania announced earnings results for the year 2013. For the year, the company's gross profit fell 7.0% to RON 216 million. The result was mainly influenced by higher investments in technology and product development while the bank's net revenue remained almost flat on the year. The net revenue rose to RON 844 million in 2013 from RON 833 million from last year.

Recent Private Companies Transactions

Type
Date
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No transactions available in the past 12 months.
 

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