Emporiki Bank: new name and strategy

Commercial Bank of Greece (Romania) has changed its name to Emporiki Bank – Romania early this year, following the main shareholder’s decision to promote internationally the name of the institution in the Greek version, Georgios Dionysatos, vice president of the bank, told Ziarul Financiar. The bank’s strategy for this year targets the retail segment and an expansion of the network of Romanian-based branches. Moreover, the capital of Emporiki Bank – Romania has increased by 10m euros since the beginning of the year, and now totals 768bn ROL. Emporiki Bank has been operating in Romania since September 1999 and controls four branches (in Bucharest, Iasi and Constanta). ZF