Eurom Bank branches out into leasing, insurance

Eurom Bank aims to double its market share in terms of banking assets this year, get a bigger slice of the retail ad SME segment and start providing complex products and services by promoting banking, leasing and insurance products under the same brand. The bank has already acquired almost 10% of the newly-established Eurom Leasing 2002 and a 20% stake in Croma Asigurari insurer. “We aim to see assets grow to 2,500-3,000 billion ROL this year, increase our network to 30 locations, launch cards and complete the implementation of a new IT system,” Alexander Regenbogen, the bank’s deputy general manager told Ziarul Financiar. ZF