First Bank (Romania)
First Bank is a Romanian bank, owned and managed by U.S. investment firm J.C. Flowers & Co.. It was established in 1995 as Pater Bank and in 2000 Piraeus Bank acquired it.
| Founded | 1995  |
|---|---|
| Headquarters | , |
| Website | www |
Piraeus Bank sold its Romanian subsidiary to J.C. Flowers & Co. on 28 June 2018, who changed the bank's name to First Bank on 12 September 2018.[1]
As of July 2018, the shareholder structure of the bank is as follows:[2]
- J.C. Flowers & Co. - 76.1%
- EBRD - 19%
- Natural persons - 4.9%
References
- http://www.piraeusbank.ro/News/426/We_are_proudly_presenting_you_the_future_logo_of_our_bank_.html
- "BERD confirmă intrarea în acţionariatul Piraeus Bank România, alături de J.C. Flowers. Banca preia 19% din capital, iar fondul american de investiţii 76%". Ziarul Financiar (in Romanian). 2018-07-18. Retrieved 2018-12-30.
External links
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