BCR BpL provided financing of RON45.2 million last year, from about RON4 million in 2011.

Its assets amounted to RON1.5 billion in 2012, up 58% on the year.

The bank’s savings and loan portfolio increased by over 20% to 304,000 contracts. In 2011, BCR BpL had 250,000 clients.

BCR BpL is the savings and loan unit of Romania’s largest bank BCR. It was founded in April 2008 and started activity in July that year.

Each year, the state provides a premium of 25% of the amount saved, but no more than EUR250 for each client. (EUR1=RON4.3887)