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Florin Șandor, Head of Corporate Division, Intesa Sanpaolo Bank Romania: We strongly support the international and Romanian entrepreneurs with growing potential

Intesa Sanpaolo Group – Your Business Global Partner

Intesa Sanpaolo has been present in Romania since 2003, while the history of the bank on the local market started in 1996.  Despite the different, and sometimes even adverse socio-economic and politic conditions, the Group has proven its strong commitment by having a constant presence in Romania throughout the years. Intesa Sanpaolo had to rethink and adapt its business tactics, as well as refine its product and tailor its services, so as to better address the unique needs of the target market.

With over 400 years of history, Intesa Sanpaolo is the market leader in Italy in all business areas, and distinguishes itself as the 5th international banking group in Euro zone, in terms of market capitalization (40.6 Billion Euro as of December 2016), offering its services to over 19 million clients in over 40 countries. Its unique customer reach is supported by the International Subsidiary Banks Division, International Corporate Banks, Foreign Branches and Representative Offices.

SMEs are the engine of the economy, the corporate companies are the driver

In Romania we offer tailor-made products and services based on the benefits that stem from the strength and solidity of an international major financial Group. The bank’s strategy is focused mainly on corporate companies and SMEs with a discreet presence on retail. To be more eloquent, I would say that SMEs are the engine of the economy, while the corporate companies are the driver. We are currently adapting the branch network in order to address the needs of both Corporate and SMEs clients, maintaining presence in the developed poles of the economy.

Global products and services offered by one of the biggest European financial Group available for Romanian clients

Intesa Sanpaolo Bank strongly supports the international and Romanian entrepreneurs with growing potential, making available to this segment not only local products and services, but also those offered by one of the largest European financial Groups to its corporate clients at global level. For instance, the services offered by one of the leading investment banks from Europe, Banca IMI, or those set forth by one of the international top factoring companies, Mediocredito, are available also for Intesa Sanpaolo Bank Romania’s clients – such as advisory and treasury products, including commodities hedging and factoring services. Our synergy with our Group enforces one of our main sources of competitive advantage and it allows us to connect Romanian entrepreneurs with other counterparties from the countries where the Group operates. The presence in 40 countries eases the initiation of business opportunities, and allows Intesa Sanpaolo Group to enable the creation of bridges and network amongst different clients all over the world.

We are interested in supporting healthy businesses from the spheres of industry, agriculture, commerce, services and energy. Another important objective for us is the continuous adaptation of the products and services portfolio to the development level of the Romanian economy in a competitive environment.

Almost 20% increase of the corporate loans volume as of December 2016 compared with the same period of the previous year.

Our development efforts and the quality of the products and services provided by Intesa Sanpaolo Bank Romania are also reflected in the performance of the financial indicators tracked – for instance, the corporate loans volume (as of December 2016) has increased by almost 20% when compared with the same period of the previous year.

Intesa Sanpaolo is committed to the Romanian market and our plans are mainly focused on a business segment which in 2-3 years will bring us on organic expansion. We are one of the foreign investors that has a long lasting presence in Romania and we’ve been actively participating in country’s growth since Romania’s European Union accession and even before.

 

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