Salt Bank

Type
Business expansion
Country
Romania
Region
Macroregiunea Trei; Bucureşti-Ilfov;
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
100 jobs
Number of planned job creations
Job creation
Announcement Date
9 April 2024
Employment effect (start)
9 April 2024
Foreseen end date
31 December 2024

Description

Salt Bank, a Romanian digital financial institution announced its intention to hire 100 persons by the end of 2024. The new jobs are in the area of technology and customer support.

The company is the first fully digital bank in Romania, which was officially launched on April 4. It emerged after Banca Transilvania bought Idea Bank and put the financial institution through a major reconfiguration process. Idea::Bank is the third bank bought by Banca Transilvania, after Volksbank and Bancpost. After acquiring Idea::Bank, Banca Transilvania also acquired OTP Bank Romania.

Currently, the company has a workforce of 200 persons.

Sources

Citation

Eurofound (2024), Salt Bank, Business expansion in Romania, factsheet number 201041, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201041.