Top 10 Largest Financial Service Companies in Romania
In this post, let's examine some of the largest financial services companies in Romania, ranked by market capitalization. Go directly to other related articles ... read more...on Toplist if you want to see more of the largest financial companies in other regions ranked by market capitalization.
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With its headquarters in Frankfurt, Germany, Deutsche Bank AG is a multinational investment bank and provider of financial services, dual-listed on the New York Stock Exchange and the Frankfurt Stock Exchange. It was established in 1870 and has since expanded through several acquisitions, including that of Disconto-Gesellschaft in 1929 (as a result of which it was referred to as "DeDi-Bank" from 1929 to 1937), 580 Bankers Trust in 1998, and Deutsche Postbank in 2010.
The bank's network covered 58 countries in 2018, with a significant presence in Europe, the Americas, and Asia. According to total assets, Deutsche Bank was the world's 21st-largest bank as of 2021, ranked 93rd globally in market value. Despite the Sparkassen-Finanzgruppe having a significant advantage in total assets, it is frequently referred to as the most prominent German banking institution because it is a part of the DAX stock market index. The Financial Stability Board has recognized Deutsche Bank as a globally systemically important bank since 2011.
The market capitalization of Deutsche Bank as of April 2023 is $21.17 billion. By market cap, this places Deutsche Bank as the 816th most valuable corporation in the world. The most recent financial reports from Deutsche Bank indicate that the company's current revenue (TTM) is $28.24 Billion. The corporation generated $29.76 billion in revenue in 2021, an increase from $27.42 billion in revenue in 2020.
Founded: 10 March 1870
Headquarters: Deutsche Bank Twin TowersFrankfurt, Germany
Website: db.com
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Société Générale S.A., also known as SocGen in English-speaking nations, is a French-based global financial services firm that was established in 1864. Its headquarters are close by in La Défense, and it is registered in the heart of Paris.
Following BNP Paribas and Crédit Agricole in terms of total assets is Société Générale. It is also the eighth-largest bank in the world and the sixth-largest in Europe. The Financial Stability Board regards it as a systemically important bank. It was referred to as one of the "Old Three" prominent French commercial banks from 1966 until 2003, along with Crédit Lyonnais and Bank Nationale de Paris (now BNP Paribas).
Société Générale's market capitalization as of April 2023 is $18.25 billion. By market cap, this places Société Générale as the 905th most valuable corporation in the world. The most recent financial reports from Société Générale indicate that the company's current revenue (TTM) is $52.47 billion. The company's revenue for 2019 was $41.70 billion, which is less than its $44.93 billion in sales for 2018.
Founded: 4 May 1864
Headquarters: 29 Boulevard Haussmann, 9th arrondissement, Paris
Website: societegenerale.com
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A worldwide Dutch banking and financial services company with its corporate headquarters in Amsterdam is known as The ING Group (Dutch: ING Groep). Retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services are some of its main lines of business. It is one of the largest banks in the world, consistently ranking among the top 30 largest banks globally, and has total assets of US$1.1 trillion. According to revenue, it ranks among the top ten largest European firms.
The Inter-Alpha Group of Banks, a cooperative organization comprising 11 renowned European banks, has ING as its Dutch representative. Since its founding in 2012, ING Bank has been included in the list of internationally significant banks.
ING's market cap as of April 2023 is $44.94 billion. By market cap, this places ING as the 373rd most valuable corporation in the world. The most recent financial reports from ING indicate that the company's current revenue (TTM) is $20.59 Billion. The company generated $21.49 billion in revenue in 2021, up from $20.35 billion in revenue in 2020.
Founded: 1991
Headquarters: Amsterdam, Netherlands
Website: ing.com
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Milan is home to the global financial organization, UniCredit S.p.A. According to the list issued by the Financial Stability Board in 2022, it is the only systemically important bank in Italy and the 34th largest bank in the world by assets. Although Credito Italiano and Unicredito were combined to create it in 1998, its corporate identity dates back to 1870, when it was founded as Banca di Genova. A component stock of the Euro Stoxx 50 index of top shares, UniCredit is traded on the Milan and Frankfurt stock markets.
Unicredit is a pan-European bank with significant operations in Western, Central, and Eastern Europe. It offers corporate and investment banking, commercial banking, and wealth management services. It provides access to industry-leading goods and services in 13 core markets, including Italy, Germany under the name HypoVereinsbank, Austria under the name Bank Austria, and eleven nations in Central and Eastern Europe, through its European banking network.
The market capitalization of UniCredit as of April 2023 was $38.44 billion. By market cap, UniCredit is now the 455th most valuable corporation in the world. The most recent financial reports from UniCredit show that the company's current revenue (TTM) is $21.61 billion. The company generated $18.69 billion in revenue in 2021, compared to $21.03 billion in 2020.
Founded: 1998
Headquarters: Milan, Italy
Website: www.unicreditgroup.eu
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Finastra is a London-based provider of financial software. The retail banking, transaction banking, lending, and treasury capital markets are just some of the areas that can benefit from the company's wide range of products and services. In 2017, Misys, a London-based provider of software for financial operations, and D+H, a provider of global payments and lending technology, merged to establish Finastra. Finastra, at its inception, was ranked as the third largest financial services firm in the world.
Misys was originally formed by insurance industry veterans Roger Morgan and Kevin Lomax. It acquired the medical software company Medic Computer Systems in 1997. Community financial institution mobile and internet banking solutions vendor Malauzai (Austin, Texas) was bought by Finastra in June 2018. FusionFabric.cloud, an open platform for app development, ecosystem connection, and the promotion of cooperation between banks and fintechs, was introduced by Finastra in June of 2018.Founded: 2017
Headquarters: London, England, UK
Website: finastra.com -
Allianz is a European multinational financial services firm located in Munich, Germany. Insurance and asset management are the company's bread and butter. The corporation is among the leading financial service providers and insurers worldwide. The stock of the company is included in the Euro Stoxx 50 index.
PIMCO, Allianz Global Investors, and Allianz Real Estate make up its asset management division, which oversees a total of €2,432 billion in assets (Q1 2021). Of this total, €1,775 billion belongs to third parties. Dresdner Bank was sold by Allianz to Commerzbank in November 2008.In April 2023, Allianz was worth $95.55 billion on the stock market. Based on its current market capitalization, Allianz is the 144th most valuable corporation in the world. The latest financial reports reveal TTM revenue of $124.90 billion for Allianz. The company's sales in 2021 were $203.26 billion, up from $130.42 billion in the previous year.
Founded: 5 February 1890
Headquarters:Munich, Germany
Website: allianz.com -
Citigroup Inc., also known as "Citi," is an American global investment bank and financial services company with its headquarters in New York City. Economic juggernaut Travelers Group and banking behemoth Citicorp merged to form the company in 1998; Travelers was later split off in 2002. Citibank's holding company, Citicorp, and a number of foreign subsidiaries are owned by Citigroup. Citigroup is a Delaware-based corporation.
Together with JPMorgan Chase, Bank of America, and Wells Fargo, Citigroup is one of the country's Big Four American banks and the third-largest financial institution. The Financial Stability Board classifies it as a systemically important bank, and it is frequently referred to as being "too large to fail."
Together with JPMorgan Chase, Bank of America, and Wells Fargo, Citigroup is one of the country's Big Four American banks and the third-largest financial institution. The Financial Stability Board classifies it as a systemically important bank, and it is frequently referred to as being "too large to fail." It belongs to the Bulge Bracket's eight international investment banks.
Citigroup's market capitalization as of March 2023 is $88.01 billion. By market cap, Citigroup is now the 154th most valuable corporation in the world. Citigroup's most recent financial reports indicate that the company's current revenue (TTM) is $75.30 Billion. The company's revenue in 2021, which was $72.22 billion, was lower than its revenue in 2020, which was $75.76 billion.
Founded: October 8, 1998
Headquarters: 388–390 Greenwich St., New York City, New York, U.S.
Website: citigroup.com
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The American multinational firm Fidelity National Information Services, Inc. (FIS) provides a vast array of financial services. In Q2 of 2020, FIS's offerings may be broken down into the following categories: Merchant Solutions, Banking Solutions, and Capital Market Solutions FIS processes about 75 billion transactions per year for more than 20,000 clients all over the world, allowing for the smooth transfer of almost $9 trillion. In the 2016 FinTech Forward rankings, FIS placed second. In the third quarter of 2019, FIS closed on an acquisition of Worldpay for $35 billion, making it the largest processing and payments company in the world.
Fidelity National Information Services is worth $33.98 billion as of April 2023. Based on its current market capitalization, Fidelity National Information Services is the 518th most valuable company in the world.Fidelity National Information Services has reported $14.52 billion in revenue for the trailing twelve months. The company's sales in 2021 were $13.87 billion, up from $12.55 billion in the previous year.
Founded: 1968
Headquarters: 347 Riverside Avenue Jacksonville, Florida, U.S.
Website: www.fisglobal.com -
Banking services are provided by the British-Lithuanian neo-bank and financial technology startup Revolut. Revolut Bank UAB is authorized and governed by the Bank of Lithuania within the European Union. Nikolay Storonsky and Vlad Yatsenko created it in 2015, with its main office in London. It provides accounts with currency exchange, virtual and debit cards, Apple Pay, interest-bearing "vaults," stock trading, cryptocurrency, commodities, and other services.
Revolut increased its personnel from 1,500 to 6,000 in 2020 and expanded into Japan and the US. It was profitable in November 2020 and valued at £4.2 billion, making it the most valuable fintech company in the UK. Revolut applied for a UK banking license in January 2021; however, the decision was still pending as of December 2022. The company was valued at US$33 billion after a US$800 million investment round in July 2021, making it the most valuable UK tech startup.
Founded: 2015
Headquarters: London, United Kingdom
Website: www.revolut.com
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With over 18,000 new contracts signed globally in 2014, BNP Paribas dominated the market as a significant employer. BNP Paribas offers customers the banking solutions they require to accomplish their objectives, whether they are located in Europe or elsewhere in the world. Our employees provide customized services to retail clients, business owners, SMEs, major corporations, institutional investors, and non-profit organizations. Retail Banking & Services and Corporate & Institutional Banking are two of BNP Paribas' primary divisions. The company is a top provider of banking and financial services.
BNP Paribas' market cap as of April 2023 is $76.66 billion. BNP Paribas is now the 183rd most valuable corporation in the world based on market cap. The most recent financial reports from BNP Paribas indicate the company's current revenue (TTM) is $68.14 billion. The company's revenue in 2021 increased from its revenue in 2020, which was $69.54 billion, to $72.81 billion.
Founded: 2000
Headquarters: Paris, France
Website: www.group.bnpparibas