bg Bucharest

CEC Palace

- Calea Victoriei 13 -
The construction of the majestic two-story building started on 8 June 1897 and was built for administrative and commercial purposes. The construction, which was completed in 1900, was executed according to a project of the French architect and was supervised by the Romanian architect . The building was built on a plot where the Saint John the Great Monastery and an adjoining inn used to stand. The 16th-century church was renovated by between 1702 and 1703, but later deteriorated and was demolished in 1875. The current building, which was erected after the demolition of the first headquarters of the Depository House, was constructed for the Casa de Economii și Consemnațiuni Bank, known by the abbreviation CEC, to house their headquarters. The bank was founded on December 1, 1864, and its Romania's oldest bank.
The Saint John the Great Monastery
After the , a portion of the bank's management remained in occupied Bucharest, while another portion relocated to . Prime Minister decided to send the Bank's treasury, as well as other assets including the treasury of the National Bank of Romania, to Iași and later to . In Communist Romania, CEC created a number of types of accounts, including passbook savings accounts with various combinations of interest and prizes, and opened branches throughout Romania. After the Romanian of 1989, the CEC began activities such as granting loans to other banks and dealing in government securities.
The Depository House shown on the left
A magnificent glass dome is placed in the center of the Eclectic building, which contains a lantern tower that's crowned with a . The dome is beautifully decorated with several , , , and . The that support the decorative vases are just as the ones used to support the dome, adorned with . Another dome is placed on top of each of the four corners, which are also crowned with a finial, which predicts a torch. The huge arch that covers the main entrance, which is flanked by two decorative vases, is lavishly embellished with , floral, and motifs.
An old colorized postcard shows the building
The contains a clock surrounded by the Greek god holding a and the Greek goddess holding a beehive. Around the statues, you can see another mascaron, which is placed within a , as well as some foliage and an . Both statues lay on a broken open pointed pediment that contains another cartouche, which is used in other broken pointed pediments as well. The building features many columns, which are either crowned with a Composite adorned with another caduceus, or with a Doric capital adorned with an motif. The frieze contains loads of , which are all embellished with a total of five guttae. A , which is adorned with and surrounded by floral ornamentation, is placed on most of the second floor windows. The wrought iron that's placed above the main entrance door is supported by two corbels, which are decorated with a lion head .
The building is visible in an old postcard