MILAN (ITALPRESS) – One year after announcing the acquisition of First Bank, Intesa Sanpaolo has completed its integration with the Group’s Romanian subsidiary, Intesa Sanpaolo Bank Romania, following approval from the National Bank of Romania and registration with the Trade Registry.
From today, the two institutions will operate under a single brand — Intesa Sanpaolo Bank Romania — consolidating the bank’s presence in the country and representing a new step forward in the Intesa Sanpaolo Group’s strategy for growth and investment across Central and Eastern Europe. Paola Papanicolaou, Head of Intesa Sanpaolo’s International Banks Division, said: “The merger with First Bank is an important step in strengthening our presence in Central and Eastern Europe. It reflects Intesa Sanpaolo’s confidence in Romania’s potential and our long-term commitment to the country. We are proud to bring the experience, innovation, and values of our Group to support Romania’s sustainable growth, working alongside people, businesses, and institutions to build an inclusive future”.
Clients of the newly combined bank will immediately benefit from: • An expanded national network: 58 branches and over 700 ATMs and multifunctional terminals across the Intesa Sanpaolo Bank Romania and Euronet networks. • A better digital experience: Faster and simpler banking services through online platforms and the mobile app, ensuring efficient and secure management of accounts, payments, and financial products. • Innovative, competitive financial solutions: Advanced products and services for retail, SME, and corporates clients. The new Intesa Sanpaolo Bank Romania — with assets of around €3.1 billion, over 170,000 clients and a team of more than 1,100 employees — is part of one of Europe’s leading banking groups, serving 21.5 million clients, with a strategic presence in 12 countries across Central and Eastern Europe and in Egypt. The Group stands out for its strong commitment to ESG principles, including the green transition and social impact.
– photo IPA Agency –
(ITALPRESS).
