BRCI, which entered the local market two years ago, has a network of two units in Bucharest and one unit in each of the cities of Ploiesti, Cluj, Timisoara, Bacau, Oradea and Constanta.
The closing of the BRCI units is part of the banking exit plan of Umbrarescu, who wants to sell the bank or hand over the loan and deposit portfolio, as the business seems to be unprofitable. According to market sources, a buyer seems to be rather hard to find.
According to ZF, BRCI has been operating without executive management for some time, as the short activity of the bank was market by numerous changes.