Establishment of the bank in the Netherlands as part of Fiba Group under the name Finansbank.
Starting capital: less than 10 million euro. Focus on international trade finance.
Since its incorporation, the bank is under full supervision of the Dutch Central Bank.
Expansion to Germany by opening a branch in Frankfurt.
Opening a branch in Antwerp, Belgium.
Sale of Finansbank AS, Turkey, to the National Bank of Greece. The shift in the owner structure led to a rebranding from Finansbank into Credit Europe Bank. As another consequence of the sale, the Russian bank in the group became a subsidiary of Credit Europe Bank.
Start of a greenfield operation in Ukraine, and opening a branch in Malta. Opening representative offices in China (Shanghai) and in Turkey (Istanbul).
After a group restructuring, the existing Romanian and Swiss banking entities became direct subsidiaries of Credit Europe Bank. Also, a subsidiary in Dubai was incorporated.
Acquisition of a 95% shareholding in Millennium Bank in Turkey, a (former) subsidiary of the Portugese BCP.
In December, the bank transfers its shareholding in Fibabanka AS, formerly known as Millennium Bank to Fiba Holding AS.
Credit Europe Bank celebrates its 25th anniversary!