CEC Bank SA, established in 1996 and headquartered in Bucharest, Romania, operates with the primary aim of providing a diverse range of financial services to retail and corporate clients. The bank offers key products including personal banking, loans, deposits, and investment services, catering to the needs of individual and business customers alike.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CECBAK 7.50% 2025-12-30 EURCEC Bank SA | Romania | 2025-12-30 | 7.500 | 7.47 |
| CECBAK 7.50% 2028-02-07 EURCEC Bank SA | Romania | 2028-02-07 | 7.500 | 5.64 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CEC Bank began issuing bonds in 2002 as part of its strategy to diversify funding sources and support its growth. Notably, in 2018, the bank issued a 7-year bond worth EUR 300 million to bolster its capital base, attracting considerable interest and receiving a yield competitive within the Romanian banking sector. With features that include potential convertibility and early redemption options, CEC Bank's bond offerings have drawn attention for their stability and performance, contributing positively to the bank’s financial health and positioning in the industry.