Palace of the Deposits and Consignments
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Pedro Pereira
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"Before the construction of the palace, the location was occupied by the ruins of a monastery (Saint John the Great) and an adjoining inn. The 16th-century church was renovated by Constantin Brâncoveanu between 1702 and 1703, but later deteriorated and was demolished in 1875.
The palace was built as a new headquarters for Romania's oldest bank, the public savings institution Casa de Depuneri, Consemnațiuni și Economie, later known as C.E.C. (Romanian: Casa de Economii și Consemnațiuni), and nowadays CEC Bank. The land was bought and the building constructed with the institution's own funds. Work started on June 8, 1897 and was completed in 1900. "
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