MILANO (ITALPRESS) – A year after the announcement of the acquisition of First Bank, Intesa Sanpaolo – following the approval of the National Bank of Romania and the registration in the Register of Companies – completed the merger by incorporation of the bank into its own subsidiary, Intesa Sanpaolo Bank Romania. From now on, the two institutes will operate under a single brand, strengthening the position of the bank in the local market and marking a new stage in the growth and investment strategy of the Intesa Sanpaolo Group in Central and Eastern Europe. “The merger of First Bank in Intesa Sanpaolo Bank Romania is an important step in strengthening our presence in Central-East Europe; reflects the trust of Intesa Sanpaolo in the potential of Romania and our long-term commitment to the country – said Paola Papanicolaou, Head of the International Banks Division of the Intesa Sanpaolo Group -. We are proud to develop the experience, innovation and values of our Group to support Romania’s sustainable growth, working alongside people, businesses and institutions to build an increasingly inclusive future.”.
Customers of the bank that is born today downstream of the merger will immediately benefit from: of an expanded network and a solid infrastructure that counts 58 branches and over 700 ATMs and multifunctional terminals in the networks Intesa Sanpaolo Bank Romania and Euronet; of better digital experience thanks to faster banking services through online platforms and mobile apps, which allow efficient and secure management of accounts, payments and financial products; of cutting-edge products and services thanks to competitive financial solutions for retail customers, SMEs and companies. The new Intesa Sanpaolo Bank Romania, with a total assets of approximately € 3.1 billion, 170,000 customers and more than 1,110 employees, is part of one of the main banking groups in Europe that counts, in turn, 21,5 million customers and a strategic presence in 12 countries of Central and Eastern Europe and Egypt, distinguishing itself also for the strong commitment to ESG principles, including ecological transition and social impact.
– photo IPA Agency –
(ITALPRESS).
