Bonds have a 7-year maturity and an annual interest rate of 3.9%. The issue includes 2000 bonds, with a nominal value of RON500,000 and was processed in BVB’s trading system on May 19, 2021.
It is the second bond issue listed by BCR on BVB. The first has a value of RON600 million and was listed in December 2019.
BCR, a member of Erste Group, is one of the most important financial groups in Romania, providing universal banking operations (retail, corporate & investment banking, treasury and capital markets), as well as companies on the leasing market, private pensions and housing banks.
End-2020, BCR had a loan balance of RON43 billion and a deposit balance of RON65 billion.