CEC Palace-Casa de Economii și Consemnațiuni (CEC Bank)


CEC Palace-Casa de Economii și Consemnațiuni (CEC Bank) CEC Palace-Casa de Economii și Consemnațiuni (CEC Bank)
Added by Raisenauer Ovidiu
General Description : CEC was founded in 1864—five years after the union of the two Danubian Principalities, and more than a decade before the Romanian state as such—as the Casa de Depuneri și Consemnațiuni (literally "Deposits and Consignments House" but effectively "Deposits and Consignments Bank": the Romanian casa is used analogously to the French caisse; both are related to the English cash[citation needed]). In 1880, the name was changed to Casa de Depuneri, Consemnațiuni și Economie ("Deposits, Consignments and Savings House"). In 1881, the financially independent Casa de Economie ("Savings Bank"), was set up under its aegis.
In 1887, the cornerstone of the CEC Palace was set; the building opened as the bank's headquarters in 1900. As of 2012, CEC Bank is still headquartered there, although the building has been sold to the municipality of Bucharest for an eventual museum; CEC Bank is leasing the building until they build or otherwise obtain an appropriate modern headquarters.
Diameter 65.00 mm
Material Brass
Catalog prices No catalog prices set yet

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Radu Florin Ovidiu-Daniel