Scientific committee
Publication committee
Guide for authors
JEL classification
Indexation
Editorial policies
Call for papers
Publication ethics
Acta Marisiensis. Seria Oeconomica |
 |  |
2019
Rebranding and its Impact on Banking Activities – Case Study
Marta Kiss
Abstract:
Rebranding is regarded as a necessary form when an organisation faces different problems due to the economic transformations of the society that requires new ways of visibility and decides to assign revitalization techniques to the brand image in order to refresh it. Nowadays, most of the Romanian banking companies went through the rebranding process firstly because they were involved in mergers and acquisitions, and secondly, to expand their target markets and to keep their loyal customers in an ever-changing market environment. This study aims to outline the impact of rebranding on a financial institution in Romania, CEC Bank, the oldest Romanian bank operating on the Romanian market since 1864. Following the 2007 rebranding, the purpose of the bank was to create a competitive commercial bank image. For this bank the rebranding process proved to be successful.
DOI: https://doi.org/10.2478/amso-2019-0007
Pages: 57-64
View full article