Salt Bank Explained

Salt Bank
Type:Private
Foundation:1998
Location:Bucharest, Romania
Industry:Finance and Insurance
Products:Financial services
Parent:Banca Transilvania
Homepage:salt.bank

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

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.

External links

Notes and References

  1. http://economie.hotnews.ro/stiri-finante_banci-19982213-analiza-marti-lanseaza-oficial-noua-banca-romania-idea-bank-vezi-insemnat-criza-piata-bancara-autohtona-banci-iesit-din-romania-cine-fuzionat-cine-miscari-mai-putea-avea-loc.htm HotNews - ANALIZA: Marti se lanseaza oficial o noua banca in Romania: Idea Bank.
  2. Web site: REGISTRUL INSTITUTIILOR DE CREDIT - Banci. bnr.ro. BANCA NATIONALA a ROMANIEI. 9 December 2023.
  3. https://ibsintelligence.com/ibsi-news/salt-bank-taps-engine-by-starling-to-power-digital-banking-in-romania/ Salt Bank taps Engine by Starling to power digital banking in Romania