|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
CEC Bank
Main Activities: Banking and Credit Intermediation
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name CEC Bank SA Previous name(s) Casa de Economii si Consemnatiuni C.E.C S.A (2008) Headquarters 11-13, Calea Victoriei, Sector 3; BUCURESTI; Bucharest; 030022 |
Status: Non-Listed Legal Form: Public Limited Company Operational Status: Operational CUI: 00361897 Financial Auditors: KPMG (2012) Incorporation Date: January 13, 1997 Total Employees: 6,246 Tel: +40 213111119; +40 213123465 |
|
Company Description |
| In 1996, CEC became a joint stock company having as majority shareholder the ministry of finance. Furthermore in mid 2002, the statute of CEC was modified so that the institution to be able to develop activities typical for commercial banks, with the prior approval of the central bank. The Economy and Finance Ministry, together with CEC management decided in the middle of 2007 that CEC will remain in the property of the Romanian state at least four more years, the privatization being scheduled in | ||
|
||
Company Analysis |
| According to the Individual - Non-Audited financial statement for the Year of 2011, total net operating revenues increased with 25.97%, from RON 5,575,315,268 to RON 7,023,500,320 . Operating result increased from RON 59,682,165 to RON 78,101,379 which means 30.86% change. The results of the period increased 26.59% reaching RON 67,445,929 at the end of the period against RON 53,278,911 last year. Return on equity (Net income/Total equity) went from 2.92% to 3.61%, the Return On Asset (Net income / Total Asset) went from 0.25% to 0.27% and the Net Profit Margin (Net Income/Net Sales) went from 0.96% to 0.96% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 1226.69% compared to 1090.02% of last year. |
Key Executives |
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2011 Y (non-cons) |
2010 Y (non-cons) |
|
 | ||
| Non-Audited | Non-Audited | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
24,815,550 |
21,683,210 |
| ||
Total Liabilities |
XX,XXX,XXX |
XX,XXX,XXX |
| ||
Shareholders Equity |
X,XXX,XXX |
X,XXX,XXX |
| ||
| * All the accounts are in RON. | ||
Income Statement
| ||
Total Operating Revenue |
X,XXX,XXX |
X,XXX,XXX |
| ||
Operational Profit (Loss) |
XX,XXX |
XX,XXX |
| ||
Net Profit (Loss) |
XX,XXX |
XX,XXX |
| ||
| * All the accounts are in RON. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
X.XX% |
X.XX% |
| ||
Annualised Return on Assets (ROA) |
X.XX% |
X.XX% |
| ||
Return on Equity (ROE) |
X.XX% |
X.XX% |
| ||
Annualised Return on Equity (ROE) |
X.XX% |
X.XX% |
| Valuation figures and ratios | ||
| ||
Earning Before Interests and Taxes (EBIT) |
XX,XXX |
XX,XXX |
| ||
Bookvalue (BV) |
X,XXX,XXX |
X,XXX,XXX |
| Leverage Ratios | ||
| ||
Leverage ratio |
X.XX% |
X.XX% |
| ||
Debt to equity |
X.XX% |
X.XX% |
| ||
Debt to total assets |
XX.XX% |
XX.XX% |
| Trend Ratios | ||
| ||
Net Income Trend |
XXX.XX% |
XXX.XX% |
| ||
Operating Income Trend |
XXX.XX% |
XXX.XX% |
| ||
 |