Credit Europe Bank N.V.

Info

Credit Europe Bank NV is an international financial services group of European Central Bank, and ranked in the top 10 European commercial banks, with more than 6,000 employees serving over three million customers.

Geschiedenis

Credit Europe Bank NV was established as a public limited company in Amsterdam on 24 February 1994. The company has registered shares and listed on stock exchange. The total issued and fully paid up share capital of Credit Europe Bank at the end of 2011 amounted to EUR 429.5 million.

The bank offers easy-to-use retail banking and SME products as well as private banking through more than 200 branches and 11,000 sales points across nine European countries. It also offers trade finance and corporate banking services through its network in these countries, as well as in China and the United Arab Emirates.

Currently Credit Europe Bank NV directly owns five banking subsidiaries in Russia, Switzerland, Romania, Ukraine and Dubai, and two leasing companies in Ukraine and Russia. To underpin its central function, the bank applies a functional reporting structure: local managers in the subsidiaries must maintain a direct reporting line to the ‘functional’ head of the respective department in Amsterdam. This structure applies to departments such as Internal Audit, Compliance, Treasury (asset liability management), Credits, Risk Management, IT, Financial Control, Retail Banking and Corporate Banking. Moreover, the General Manager of each subsidiary has a direct reporting line to the CEO of Credit Europe Bank.