When was CEC Bank founded?

CEC Bank was founded in 1864 and raised its 1st funding round 151 years after it was founded.

Where is CEC Bank located?

CEC Bank is headquartered in Bucharest, Romania.

How many employees does CEC Bank have?

As of Aug 31, 2026, the latest employee count at CEC Bank is 2096.

Is CEC Bank a funded company?

CEC Bank is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2015.

When was the latest funding round of CEC Bank?

CEC Bank's latest funding was a $***** Grant (prize money) round on Jan 01, 2020, with participation from 1 investor.

Where does CEC Bank rank among its competitors?

CEC Bank ranks 7th amongst 23 active competitors, none of which are funded.

Who are the top competitors of CEC Bank?

CEC Bank's top competitors include Banca Transilvania, Scotiabank and BCR. Among them, Scotiabank secured the most recent funding round in January, 2025.

CEC Bank - 2026 Company Profile, Funding & Competitors

CEC Bank is a funded company based in Bucharest (Romania), founded in 1864. It operates as a Commercial bank. CEC Bank has raised an undisclosed amount in funding. The company has 23 active competitors, including 9 that have exited. Its top competitors include companies like Banca Transilvania, Scotiabank and BCR.

Company Details

Website: www.cec.ro/
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Key Metrics

Founded Year

1864

Location

Bucharest, Romania

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jan 01, 2020, $*****

Investors

Europa

Ranked

7^th among 23 active competitors

Employee Count

2,096 as on Aug 31, 2026

Investment & Acquisitions

Rodbun & 7 more

Similar Companies

Standard Chartered & 20420 more

View CEC Bank's full profile

CEC Bank has raised funding over 4 rounds. Its first funding round was on Jan 01, 2015. Its latest funding round was a Grant (prize money) round on Jan 01, 2020 for $*****. 1 investor participated in its latest round. CEC Bank has 1 institutional investor.

Here is the list of recent funding rounds of CEC Bank:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2020	9828879	Grant (prize money)	7181111	9886159	5154061	1404054
Jan 01, 2019	7717850	Grant (prize money)	6532411	4808809	1519213	Europa
Jan 01, 2017	1906272	Grant (prize money)	4081981	9596860	5467952	Europa

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View details of CEC Bank's funding rounds and investors

CEC Bank's employee count trend

CEC Bank has 2,096 employees as of Aug 26. Here is CEC Bank's employee count trend over the years:

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Top competitors of CEC Bank include Banca Transilvania, Scotiabank and BCR. Here is the list of Top 10 competitors of CEC Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Banca Transilvania 1993, Cluj napoca (Romania), Late Stage	Urban credit union	$39.3M	IFC Asset Management Company, European Investment Bank ... & 2 others	74/100
2nd	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
3rd	BCR 1990, Bucharest (Romania), Funding Raised	Commercial bank	-	IFC, Europa	65/100
4th	UniCredit 1998, Milan (Italy), Public	Commercial bank	-	B Capital Fund, Mubadala & 3 others	65/100
5th	BRD 1923, Bucharest (Romania), Funding Raised	Diversified financial institution	-	Lion Capital	60/100
6th	Raiffeisen Bank 1998, Romania, Funding Raised	Provider of banking services including loans, accounts, and digital solutions	-	-	59/100
7th	CEC Bank 1864, Bucharest (Romania), Funding Raised	Commercial bank	-	Europa	57/100
8th	UniCredit Bank 1991, Bucharest (Romania), Unfunded	Commercial bank	-	-	56/100
9th	Alpha Bank 1994, Bucharest (Romania), Acquired	Infrastructure fund focused on ESG investments	-	IFC, BSTDB & 1 others	54/100
10th	Guarantee 1998, Bucharest (Romania), Acquired	Provider of banking services including credit cards loans and accounts	-	-	53/100

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CEC Bank has not made any acquisitions yet. CEC Bank has made 8 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 05, 2024	Investments	Rodbun	2001	Bucharest (Romania)
Jan 09, 2024	Investments	Cerinvest Imobiliare	2018	Romania
Nov 01, 2023	Investments	PetStar	2000	Slobozia (Romania)