Romania · Financial institution
Cec Bank S.A.
Legal name in the LEI recordCEC BANK SA
CEC Bank is a Romanian joint-stock company with its head office in Bucharest. The Romanian State owns 100% of the bank through the Ministry of Finance. It describes itself as a universal bank serving individuals, SMEs, large companies and public authorities through more than 1,000 units. Founded in 1864, it formed the CEC Bank Group on 27 July 2023 by acquiring 99.993% of the Rural Credit Guarantee Fund (FGCR).
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Not on the ECB reserve list
- Listed as
- CEC BANK S.A.
- RIAD code
- RORBPJR40046
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CECEROBUXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under CECEROBU directly.
- Swift GPI
- Live member
- Payment schemes and systems
- SCT · SCT Inst · T2 · TIPS · ReGIS
- Branch codes
- None: head-office BIC only
- BIC first registered
- 1994-03-07
- Last updated
- 2026-05-02
Overview
Researched 29 Sep 2026 · Sources
Ownership
State-owned
100% Romanian State, represented by the Ministry of Finance
Institution type
Universal bank
Trades as CEC Bank
- Ownership
- The Romanian State holds 100% of the shares through the Ministry of Finance, which acts as sole shareholder.
- Direct parent
- Romanian State, represented by the Ministry of Finance, Romania 100%
- Major shareholder
- Romanian State (Ministry of Finance) 100%
- Head office
- Calea Victoriei nr. 13, sector 3, 030022 Bucharest, Romania
- Company register
- J1997000155405 (Trade Register, Romania); fiscal code RO 361897; Bank Register RB-PJR-40-046/17.09.1999
- Former name
- Casa de Economii și Consemnațiuni
Business lines
According to its 2025 investor presentation, the bank focuses on individuals, SMEs, agriculture and public administrations. It is also a primary dealer in Romanian government securities.
Online
- Websites & references
- cec.ro ↗
ceconline.ro ↗ Internet banking for companies
home.ceconline.ro ↗ Internet banking for individuals
Wikipedia ↗ - Official social accounts
- None found
Sources · 15 pages consulted
- cec.ro/
- cec.ro/conducerea-CEC-Bank
- cec.ro/contact
- cec.ro/despre-noi
- cec.ro/investor-relations-en
- cec.ro/conturi-de-corespondent
- cec.ro/sites/default/files/2026-06/CEC%20IP%20YE25%20_site_0.pdf
- cec.ro/sites/default/files/2026-06/Press%20release%20regarding%20the%20public%20announcement%20o
- mfinante.gov.ro/en/cec-bank-sa
- cec.ro/presa/cec-bank-modificari-structura-de-management
- cursdeguvernare.ro/robor-amenzi-banci-consiliul-concurentei-ancheta-banci-titluri-stat-robor.html
- bankingnews.ro/cec-bank-contesta-decizia-robor.html
- romania-insider.com/european-commission-cec-bank-capital-increase-march-2025
- business24.ro/echitate-gen/progres-echitate-gen-sector-finante-1650650
- en.wikipedia.org/wiki/CEC_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Bogdan Constantin Neacșu
Director General, President of the Management Committee (Președinte al Comitetului de Direcție)
- Chair
- Valentin Tiberiu Mavrodin Chairman of the Board of Directors (Președinte al Consiliului de Administrație)
- Chief financial officer
-
Simona Andrei
Vice-President of the Management Committee; Chief Financial Officer
- Executive
-
Cristian Florin Șaitariu
First Vice-President of the Management Committee (Prim-Vicepreședinte)
- Executive
-
Mirela Iovu
Vice-President of the Management Committee
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Romania
- National Bank of Romania Central bankPrudential supervisorAML supervisorResolution
Recent events 2 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Enforcement
The bank received the Competition Council's reasoned ROBOR decision on 28 September 2026 and announced an appeal to the Bucharest Court of Appeal.
bankingnews.ro ↗ -
Enforcement
The Competition Council fined the bank RON 332.98 million for coordination of behaviour in the ROBOR fixing procedure, alongside nine other banks.
cursdeguvernare.ro ↗ -
Other
The European Commission cleared a RON 1 billion capital increase by the Romanian State in the bank.
romania-insider.com ↗ -
Leadership
The National Bank of Romania approved Cristian Florin Șaitariu as First Vice-President and Nicoleta Mioara Cîrciumaru as non-executive director.
cec.ro ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CECEROBUXXX
- How the BIC breaks down
- CECEBank
- ROCountry · Romania
- BULocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 2138008AVF4W7FMW8W87
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank code
- ReGIS participant (IBAN bank code) CECE
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Romania · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- CALEA VICTORIEI, SECTOR 3 11-13 BUCHAREST 030022 ROMANIA
- Operational address
- CALEA VICTORIEI, SECTOR 3 13 BUCHAREST 030022 BUCHAREST ROMANIA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CECEROBUXXX</BICFI>
<LEI>2138008AVF4W7FMW8W87</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CECEROBUXXX</BICFI>
<LEI>2138008AVF4W7FMW8W87</LEI>
<Nm>CEC BANK S.A.</Nm>
<PstlAdr>
<TwnNm>BUCHAREST</TwnNm>
<Ctry>RO</Ctry>
<AdrLine>CALEA VICTORIEI, SECTOR 3 11-13 BUCHAREST 030022</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28 · BNR ReGIS list
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2010-03-08 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2026-07-06 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
| ReGIS (Romanian leu real-time gross settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
The BNR ReGIS list gives no joining date.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
ReGIS participant (IBAN bank code) · Romania
1 code
| Code | Routes to BIC | Name in the national file |
|---|---|---|
| CECE | CECEROBUXXX | CEC BANK S.A. |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Correspondent banking
The bank publishes 16 accounts at other banks, across 2 regions.
- Own offices
- Correspondent banks: it holds accounts there
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
16 accounts at other banks and 1 route through its own offices, in 10 currencies, as the bank publishes them: cec.ro ↗
| Currency | Correspondent | BIC | Account | Purpose | Directory check |
|---|---|---|---|---|---|
| CAD | Citibank Europe Plc, Dublin Ireland | CITIIE2X | 44163810 | All operations; intermediary Citibank Canada, Toronto (via CITICATTBCH) | Matches the Swift directory |
| CAD | ING Belgium NV/SA Belgium | BBRUBEBB | 301-0104924-51 CAD | All operations; intermediary Royal Bank of Canada, Toronto (via ROYCCAT2) | Matches the Swift directory |
| CHF | Commerzbank AG, Frankfurt Germany | COBADEFF | 400 8819 41900 CHF | All operations; intermediary UBS Switzerland AG (via UBSWCHZH80A) | Matches the Swift directory |
| DKK | Commerzbank AG, Frankfurt Germany | COBADEFF | 400 8819 41900 DKK | All operations; intermediary Danske Bank, Copenhagen (via DABADKKK) | Matches the Swift directory |
| EUR | CEC BANK S.A., Bucharest Romania | CECEROBU | — | Direct via TARGET | Settles directly |
| EUR | Commerzbank AG, Frankfurt Germany | COBADEFF | 400 8819 41900 EUR | All operations | Matches the Swift directory |
| EUR | J.P. Morgan SE, Frankfurt Germany | CHASDEFX | 6231428977 | All operations | Matches the Swift directory |
| EUR | ING Belgium NV/SA Belgium | BBRUBEBB | 301-0104924-51 EUR | All operations | Matches the Swift directory |
| EUR | Societe Generale, Paris France | SOGEFRPP | 001016127040 | SEPA | Matches the Swift directory |
| GBP | Barclays Bank Plc, London United Kingdom | BARCGB22 | 23097102 | All operations | Matches the Swift directory |
| HUF | OTP Bank Ltd, Budapest Hungary | OTPVHUHB | 11782007-81191921 | All operations | Matches the Swift directory |
| PLN | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | PL76102000161201110000036002 | All operations | Matches the Swift directory |
| RON | National Bank of Romania, Bucharest Romania | NBORROBU | 10010327 | All operations | Matches the Swift directory |
| SEK | Commerzbank AG, Frankfurt Germany | COBADEFF | 400 8819 41900 SEK | All operations; intermediary Swedbank AB, Sundbyberg (via SWEDSESS) | Matches the Swift directory |
| USD | Citibank NA, New York United States | CITIUS33 | 36466259 | All operations | Matches the Swift directory |
| USD | JPMorgan Chase Bank, N.A., New York United States | CHASUS33 | 555198921 | All operations | Matches the Swift directory |
| USD | ING Belgium NV/SA Belgium | BBRUBEBB | 301-0104924-51 USD | FX via intermediary JPMorgan Chase, NY (CHASUS33); commercial payments and money market via Bank of America, NY (BOFAUS3N) | Matches the Swift directory |
Web page 'Bănci corespondente' listing 16 nostro rows, all extracted, with no date shown. The page states that the accounts are valid for commercial payments, FX and money market, and for all operations where nothing is specified. Intermediary BICs are shown as published inside purpose. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Claim this profile
Work at Cec Bank S.A.?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
- 01Submit Tell us who you are, using your work email.
- 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
- 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.
Claim received
Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.
The claim was not sent. Try again, or email contact@elucidate.co.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants. Source: European Central Bank, List of TIPS participants and reachable parties. Source: Banca Națională a României, list of ReGIS participants.
- National bank codes—Romania (Source: Banca Națională a României).
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: cec.ro (official website) · original; Bogdan Constantin Neacșu: cec.ro (official website) · original; Simona Andrei: cec.ro (official website) · original; Cristian Florin Șaitariu: cec.ro (official website) · original; Mirela Iovu: cec.ro (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
Book a demo