BCR
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BCR Group Posts EUR24M Net Loss in 1H on Court-Ordered Provision
BCR Group registered an operating income of EUR332 million in the first half of the year, up 7.5%, but the net profit attributable to the majority stockholder, Erste, was reduced to a EUR24....
Ameropa Contracts EUR324M Syndicated Credit Facility
Swiss-held Ameropa, one of the biggest grain traders and chemical fertilizer producers in Romania, has contracted a multi-currency revolving-type credit facility worth EUR324 million with a...
BCR Implements Blockchain Database Solution Developed By Modex
Banca Comerciala Romana (BCR), the second largest bank on the Romanian market, is exploring the implementation of a blockchain database solution developed by the Romanian programmers of the...
Stanimir, BCR: If A Bank Is Not Ready For A Certain Sector, It Must Invest In Partners That Are Ready
Banks should be open to innovation and have the necessary appetite to assess the potential of other industries and to achieve, one way or another, the necessary training, stated Ionut Stanim...
Israel’s Hagag Looking to Buy Bucharest Financial Plaza Building
Israel’s Hagag group is looking to buy the Bucharest Financial Plaza from Banca Comerciala Romana, a landmark building on Calea Victoriei in Bucharest, built by the now defunct Bancorex in t...
BCR Puts Heritage Building in Piata Universitatii, Bucharest, Up for Sale
Banca Comerciala Romana has put for up sale the palace in Piata Universitatii in Bucharest that once housed Generala insurance company and has been associated with the bank’s name for decade...
Fitch Ratings Revises Outlooks On BCR And BRD To Stable On Revised Bank Tax Decree
Fitch Ratings on Wednesday affirmed the Long-Term IDRs of Banca Comerciala Romana S.A. (BCR) and BRD-Groupe Societe Generale S.A. (BRD) at ‘BBB+’ and revised their Outlooks to Stable from Ne...
BCR Wants to Distribute RON485M as Dividends
Romanian lender BCR, 99.87% owned by Austria's Erste, proposes to distribute half its 2018 net profit, or RON485 million, as dividends.
BCR Net Profit Grows 80% in 2018, to RON1.2B
Romanian lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, said Thursday its net profit grew 80% on the year in 2018, to RON1.2 billion.