First_Bank_(Romania)

First Bank (Romania)

First Bank (Romania)

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First Bank is a Romanian bank, owned and managed by U.S. investment firm J.C. Flowers & Co. The bank was established in 1995 as Pater Bank, after which it was acquired and renamed by Piraeus Bank in 2000.[1]

Quick Facts Formerly, Company type ...

Piraeus Bank sold its Romanian subsidiary to J.C. Flowers & Co. on 28 June 2018, who changed the bank's name to First Bank on 12 September 2018.[2]

In April 2020, First Bank acquired and absorbed the Romanian subsidiary of Bank Leumi.[1]

As of July 2018, the shareholder structure of the bank is as follows:[3]

See also

References

  1. [1]
    "REGISTRUL INSTITUTIILOR DE CREDIT - Banci". bnr.ro. BANCA NATIONALA a ROMANIEI. Retrieved 28 August 2014.
  2. [2]
    "First Bank".
  3. [3]
    "BERD confirmă intrarea în acţionariatul Piraeus Bank România, alături de J.C. Flowers. Banca preia 19% din capital, iar fondul american de investiţii 76%". Ziarul Financiar (in Romanian). 2018-07-18. Retrieved 2018-12-30.


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