Banking in Romania - statistics & facts
The first banks in Romania emerged in the 19th century, with the oldest bank being CEC Bank, which was founded in 1864 as a savings bank. This laid the groundwork for a financial sector that has undergone significant transformation, particularly over the last two decades. With Romania’s accession to the European Union in 2007, the country’s banking system accelerated its modernization, integrating new technologies and aligning with European regulations.
