VENETO BANCA SCPA ITALIA MONTEBELLUNA SUCURSALA BUCURESTI

Banca Italo Romena was established in 1980 and is the first joint venture between Italy and Romania within the banking business. It is the first Italian bank which enjoys its own structure. Eversince its constituence in 1997, in Bucharest, it has opened agencies in Timisoara, Arad, Cluj-Napoca and Oradea. Other agencies are now shortly expected in Bacau and Brasov. It means a long tradition for the bank to keep close to the Italian companies and to play an active part in financially supporting the import-export operations. This vocation and a quite personalized way to make a strong statement for itself have striken roots even more since the bank became a part of Veneto Banca. At the moment, Veneto Banca holds 92.3% of the capital. This could be a properly straight answer to the decentralization of financial services required by the North - Eastern Italian economy. Banca Italo Romena as Credit Institution established its headoffice at Treviso. It offers maximum economic and financial safety to Romanian and foreign companies now operative in Romania. Its partnership with the most important Romanian Credit Institution Banca Comerciala Romana - which holds 7.7% of the capital, contributes to a more flexible approach to extension throughout the Romanian teritory.