Gutmann Bank Opens an Office in Bucharest

Among the potential clients are businessmen, families and also foundations, institutional or private investors. The team, which consists of 3-4 employees, will provide only the client service and consultancy, while the investments will be done by the bank in Vienna.

“Until now, the bank operated in Romania according to the unique passport and focused more on Transylvania area, especially on the German natives. We are focusing on businessmen in Bucharest and other areas in the country”, said Ilinca von Derenthall, Member of the board of management at Gutmann and responsible for the Bank’s business in Romania. The Austrian bank has 180 employees of which 36 are relationship managers, and operates in Austria, Bulgaria, Czech Republic, Egypt, Hungary, Italy, Argentina, Russia and Brazil.