Over 57% of Romanians use Internet Banking / Mobile Banking services to make transactions, and of these, 33% pay online services on a regular basis, weekly or even more often, according to a survey conducted by CEC Bank in partnership with the banking comparator FinZoom.ro.According to the bank, another 24.5% use these services only occasionally, less often than once a month.The survey shows that over 63% of respondents used their bank card to make a payment for online shopping, and over 47% of respondents constantly use the card or a bank account to pay monthly bills.According to the survey, 27% only sometimes use the card or a bank account to pay monthly bills, while 26% pay utility bills only in cash.Payment at physical stores is made both with cash and by card by most Romanians (about 40%), while almost the same share (37.5%) use cash only. About 23% of respondents pay by card alone.On the other hand, over 38% of respondents say that they use Google Pay / Apple Wallet for purchases in stores directly with their phone, up from previous years.The survey was conducted online, by the financial comparator FinZoom, commissioned by CEC Bank, on a representative sample of about 1,200 respondents from all over the country, representative of internet users. 58% of the respondents are gainfully employed, over 70% live in the city, 40% have higher or postgraduate studies.CEC Bank is the financial institution with the longest tradition in Romania. Founded in 1864, CEC Bank currently has the most extensive national network, with over 1,000 branches and local outlets.CEC Bank is a top universal bank in Romania offering a complete range of products and services to individuals, SMEs and large corporations, through multiple distribution channels: banking units, ATM and POS networks, mobile banking (CECapp) and the virtual store CEC_IN - where 100% online banking products and services can be accessed.CEC Bank Group was established by the takeover, on July 27, 2023, by CEC BANK S.A., of the majority stake (99.993%) in Fondul de Garantare a Creditului Rural - I.F.N. S.A. (FGCR), together with the Ministry of Agriculture and Rural Development.
The agency plans to expand its team and reach a turnover of EUR 450,000 by year-end. June Communications (JUNE), a business-to-business PR and integrated communications agency, has appointed Bianca Caragea as its new Operations Manager. The step strengthens the agency’s management team as it enters a new stage of growth after seven years of sustained […]
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
