Banca De Economii S.A.

Banca de Economii S.A. provides banking products and services to individuals and corporate entities. It accepts various term and demand deposits. The company also offers loans for financing of investment projects and working capital needs; foreign trade, including the use of letters of credit and letters of guarantee; modernization and enlargement of production; financing of pre-export operations; and customer needs support, as well as lombard loans, real estate loans, etc. In addition, the company offers bank cards; traveler checks; financial leasing; foreign currency exchange; money transfer services; electronic and remote banking services; personal safes; and cash collection services. Further, it is engaged in securities brokerage and dealer activities. The company has 571 bank subdivisions, including 37 branches and 534 agencies. Banca de Economii S.A. was founded in 1940 and is based in Chisinau, the Republic of Moldova.