Rotten Company

CEC Bank S.A.

Approved Evidence

Added to Rotten Company: 8/26/2026
Conduct/Event period: June 7, 2026–June 7, 2026
Ongoing: No
Resolution status: Unresolved
misconduct

CEC Bank fined about RON 332.98 million in ROBOR coordination case

Summary

In June 2026 Romania's Competition Council sanctioned ten banks for infringing competition rules through coordinated behaviour during the ROBOR benchmark-setting process. The authority said banks exchanged confidential and strategic information, particularly regarding pricing, when submissions should have been determined independently. CEC Bank received a fine of about RON 332.98 million. CEC publicly rejected the decision and the ruling is subject to judicial challenge, so this record is marked unresolved. Sources: https://agerpres.ro/economic/2026/06/07/consiliul-concurentei-a-amendat-10-banci-cu-3-73-miliarde-de-lei-pentru-comportamentul-lor-in-perioa--1563834 and https://www.romania-insider.com/competition-body-fines-largest-banks-romania-june-2026

Evidence Weight
99.98
Severity: high
Recency Weight: 99.97867753681507
File Weight: 1