First Bank (Romania)

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]

First Bank
FormerlyPiraeus Bank Romania (2000-2018)
Pater Bank (1995-2000)
TypeSocietate pe Acțiuni (S.A.)
IndustryFinancial services
FoundedMay 3, 1995 (1995-05-03)
Headquarters,
Area served
Romania
Key people
Henk Paardekooper (CEO)
ParentJ.C. Flowers & Co.
Websitefirstbank.ro

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


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.