Murat Sabaz, the interim president of Credit Europe Bank Romania after the death of Tamer Ozatakul, was named president of the banking institution, NewsIn informs, quoting sources within the company. The former Credit Europe Bank president, Tamer Ozatakul, died in Rome on April 25, aged 50, because of a heart attack. Before the tragic event, Murat Sabaz was vice president of the institution, the second most important position in the bank.

The majority shareholder at Credit Europe Bank is Credit Europe Bank NV, headquartered in Holland, a company controlled by Fiba Holding in Turkey. Outside Romania, the bank operates in Russia, Ukraine, Switzerland, Belgium and Malta, as well as Turkey and China, via representation offices.