Salt Bank

Last updated
Salt Bank
Company type Private
Industry Finance and Insurance
Founded1998
Headquarters Bucharest, Romania
Products Financial services
Parent Banca Transilvania
Website salt.bank

Salt Bank (formerly Romanian International Bank and Idea Bank) is a Romanian bank based in Bucharest.

Contents

Activity

Originally known as Romanian International Bank, it was sold towards the end of 2013 to Idea Bank, a Polish bank controlled by Getin Holding. In April 2014, its operations continued under the new Idea Bank brand. [1]

It was bought by Banca Transilvania in 2021. It was renamed to Salt Bank on 21 November 2023. [2] In November 2023, Salt Bank formed a partnership with Starling Bank, a British challenger bank, to use its cloud-based banking platform known as Engine by Starling. [3]

In 2024, Idea Bank SA became Salt Bank SA. The bank subsidiary Idea::Broker de Asigurare became BT Broker de Asigurare, and Idea::Leasing IFN SA became Avant Leasing IFN SA.

Related Research Articles

<span class="mw-page-title-main">Vodafone Romania</span> Romanian mobile phone network operator

Vodafone Romania S.A. is a Romanian telecommunications operator owned by Vodafone Group. It launched in April 1997 as the first GSM network in Romania.

<span class="mw-page-title-main">Banca Transilvania</span> Banking institution with headquarters in Cluj-Napoca, Romania

Banca Transilvania S.A. is a banking institution with headquarters in Cluj-Napoca, Romania. The bank was founded in 1993 in Cluj-Napoca with a capital of 2 billion RON, of which 79% was Romanian and 21% foreign.

<span class="mw-page-title-main">Alpha Bank</span> Fourth largest bank in Greece

Alpha Bank is a private Greek bank. Its founder was John Kostopoulos Alpha Bank's Network in Greece has 273 branches and 783 ATMs.

GE Capital was the financial services division of General Electric. Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial. Ultimately, only one division of the company remained, GE Energy Financial Services, which was transferred to GE Vernova when General Electric was broken up.

<span class="mw-page-title-main">OTP Bank</span> Hungarian financial services provider

OTP Bank Group is the largest commercial bank of Hungary and one of the largest independent financial service providers in Central and Eastern Europe, with banking services for private individuals and corporate clients. The OTP Group comprises subsidiaries in the field of insurance, real estate, factoring, leasing and asset management, investment and pension funds. Besides Hungary, OTP Group operates in 11 countries of the region via its subsidiaries: in Albania, in Bulgaria, in Croatia, in Romania, in Serbia, in Slovenia, in Ukraine, in Moldova, in Montenegro, in Russia, and in Uzbekistan.

<span class="mw-page-title-main">Banca Comercială Română</span>

Banca Comercială Română (BCR) is a Romanian universal bank. It is one of the main banks in Romania and is a subsidiary of Erste Group.

<span class="mw-page-title-main">UniCredit</span> International banking group

UniCredit S.p.A. is an international banking group headquartered in Milan. It was Italy's only systemically important bank and the world's 34th largest by assets. It was formed through the merger of Credito Italiano and Unicredito in 1998 but has a corporate identity stretching back to its first foundation in 1870 as Banca di Genova. UniCredit is listed on the Borsa Italiana and Frankfurt Stock Exchange and is a constituent stock of the Euro Stoxx 50 index of leading shares.

<span class="mw-page-title-main">Banque Misr</span> Egyptian bank co-founded by industrialist Joseph Cattaui and Talaat Harb in 1920

Banque Misr is an Egyptian bank co-founded by industrialist Joseph Aslan Cattaui Pasha and economist Talaat Harb Pasha in 1920. The government of the United Arab Republic nationalized the bank in 1960. The bank has branch offices in all of Egypt's governorates, and currency exchange and work permit offices for foreign workers in Egypt.

The J.Safra Group is an international network of companies controlled by the Vicky Safra family, comprising banking and financial institutions and industrial operations. It is present in the United States, Europe, the Middle East, Latin America, Asia and the Caribbean.

UniCredit Bank is a Romanian bank and member of UniCredit Group. It has a network of 8,500 branches in 17 European countries, and a presence in another 50 international markets.

<span class="mw-page-title-main">Leszek Czarnecki</span> Polish billionaire

Leszek Janusz Czarnecki is a Polish billionaire. His main business activity is banking. He is an engineer by education and a doctor of economics. Graduate of Harvard Business School (AMP). Since 2006 he lives in Malta.

The Banca Ifis S.p.A. Group is an Italian finance company that specialises in lending services to undertakings, and acquiring/servicing non-performing loan portfolios.

<span class="mw-page-title-main">Crédit Agricole Italia</span>

Crédit Agricole Italia S.p.A., formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli-Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.

The Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige is the central banking institute of the 39 independent cooperative Casse Rurali/Raiffeisenbank in South Tyrol, Italy.

Bancorex was the largest bank in Romania during the 1990s, accounting for more than a fourth of the banking market share when it was closed down in 1999. The bank failed due to non-performing loans that were related to political corruption, especially behind-the-scenes political dealings. The bank was bailed out by the Romanian state, its good assets being then merged with the more solvent Banca Comercială Română.

<span class="mw-page-title-main">Raiffeisen Bank International</span> Austrian banking group

Raiffeisen Bank International (RBI) is a key entity of the decentralized Raiffeisen Banking Group in Austria, acting both as the latter's domestic central financial entity and as the holding company for all the group's operations outside of Austria. The bank is listed on the Wiener Börse. Its major shareholders are the Raiffeisen Banking Group's eight regional banks (Raiffeisen-Landesbanken), which are bound by a shareholders' agreement and together hold a majority of RBI's equity.

<span class="mw-page-title-main">Banca CR Firenze</span> Former Italian bank

Banca Cassa di Risparmio di Firenze S.p.A. known as Banca CR Firenze, was an Italian savings bank. Once a listed company, the group now part of Intesa Sanpaolo since 2007.

FinecoBank S.p.A., known as FinecoBank or just Fineco is an Italian bank that specializes in online brokerage. Launched in 1999 with its Fineco Online service for retail traders, Fineco became a listed company in 2014 and has been independent from UniCredit banking group since 2019.

References

  1. HotNews - ANALIZA: Marti se lanseaza oficial o noua banca in Romania: Idea Bank.
  2. "REGISTRUL INSTITUTIILOR DE CREDIT - Banci". bnr.ro. BANCA NATIONALA a ROMANIEI. Retrieved 9 December 2023.
  3. Salt Bank taps Engine by Starling to power digital banking in Romania