The Romanian Credit Bank (Banca de Credit Român) is a former bank which had its headquarters on Strada Stavropoleos in the old town of Bucharest. The building is a historic monument.
The Romanian Credit Bank was founded in Bucharest in 1888 and initially operated from Strada Doamnei number 12, which is now the Hilton Garden Inn. The bank also had branches in Brăila and Constanța.
Between 1911 and 1913 the bank built a new large, palace-style headquarters on Strada Stavropoleos no. 6-8, right next to the Stavropoleos Monastery. The building was designed by the architects Oskar Maugsch and Ernst Gotthilf and the sculptures on it’s facade are works of Frederic Storck.
Over time the bank acquired shares of several companies, including the Grivița Brewery, the Vulcan Factories, and Casa Capșa. Due to its strong business model and moderate rates it survived the economic crisis of 1929-1933 in good conditions and became one of the strongest banks in Romania in the 1940s, with branches in cities all over the country.
Under the communist regime, the bank was nationalized in 1948. In the following decades several institutions operated from the building, including the National Institute of Statistics.
