150 years of banking history in Romania – new stamp issue

December 4th, 2014

According to info got by FindYourStampsValue.com Romfilatelia put into circulation the anniversary postage stamp issue 150 years since the establishment of the Romanian Savings Bank, thus acknowledging the role played by this institution in the consolidation of the Romanian banking system and economic development of the country.

The postage stamp with the face value of lei 8.10 illustrates the contemporary image of the Palace of the Romanian Savings Bank. The stamp of the souvenir sheet with the face value of lei 14.50 reproduces the decorative frieze at the entrance of the Palace of the Romanian Savings Bank on which is written the name of the institution, while the margin of the souvenir sheet illustrates architectural and decorative elements of identity, found on the frontispiece of the building.

The Romanian Savings Bank continues nowadays the activities initiated by the first public credit institution in Romania and those conducted since 1881 by the most important savings home that worked within the Romanian banking system - the Saving House - converted in 1932 in the Savings and Postal Bonds National House, abbreviated in Romanian CEC.

Tags: #Romania