Salt Bank

{{short description|Romanian bank}}

{{Infobox company

|name =Salt Bank

| type = Private

|foundation = 1998

| location = Bucharest, Romania

|logo =

| num_employees =

|industry = Finance and Insurance

| revenue =

|products = Financial services

| parent = Banca Transilvania

| homepage = [https://salt.bank/ 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.[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.]

It was bought by Banca Transilvania in 2021. It was renamed to Salt Bank on 21 November 2023.{{cite web|title=REGISTRUL INSTITUTIILOR DE CREDIT - Banci|url=https://www.bnr.ro/Registrul-institu%c8%9biilor-de-credit-25252.aspx|website=bnr.ro|publisher=BANCA NATIONALA a ROMANIEI|accessdate=9 December 2023}} 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.[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]

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.

References

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