The CEC Palace, also known as the Palace of Deposits, Consignations and Economics can be found in Bucharest, the capital of Romania, on Calea Victoriei Street. This edifice resisted in front of the earthquakes that shocked the capital, and its structure hasn’t been damaged.

CEC is open as an institution in 1864 by a law given by Alexandru Ioan Cuza. CEC institution works in different buildings until 1875 when starts the construction of today’s building.   In the 14th century in this place used to be some settlements restored by Constantin Brancoveanu between 1702 and 1703. In 1875 in this place used to be the Monastery and the Inn named “Saint John the Great”. All this buildings deteriorated and were demolished. Today’s building is made on the first old headquarters of Deposit House.

CEC Palace is finished in 1900 by the architects Paul Gottereanu and Ion Socolescu. This remarkable edifice is built in eclectic style and has a dome made by glass and metal. The dome allows natural light to enter the interior and to enlighten the place. The entry has some Renaissance domes ornate with gables and flags. The interior has notable pictures of Mihai Simondie dating from 1900 -1913. “Storm distributes its goods over Romania after Independence” or “Work” are two special paintings which delights visitors.

On September 2005 CEC Museum opened its gates for all tourists in the Great Hall of the CEC Palace. In this museum travelers can see original objects such as: original documents of transactions of financial and banking in the early years of the bank, financial documents and civil collection, treasure of CEC bank products since the 1880s until today, “piggy banks”, safes interwar, stamps, commemorative medals, badges, and cards. During the inauguration of CEC Museum is made an exhibition called “Bucharest between 1850 and 1917”. This exhibition shows 30 original photographs and 100 postcards belonging to the Romanian Academy Library.

Nowadays this construction hosts CEC Bank and also the CEC Museum. This sumptuous historical monument is part of the Bucharest tourist attractions.

About Author

Adela Petrus
“At any age, man is a creature that feeds on stories. Therefore, the wealth measured in stories, gathered by the people across the globe, from house to house, from century to century, either spoken or in writing, exceeded any other human wealth” - Rabindranath Tagore


Leave a Reply