BCR
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BCR Wants To Open 10 New Units/Year, Including Digital Agencies
Banca Comerciala Romana (BCR), Romania’s largest lender by assets, wants to open 10 units per year in the coming years, including digital agencies, in order to extend its current network of...
Erste: BCR Still Has Over EUR1B Worth Of NPL To Sell
BCR will continue to ”over one billion euros’ worth” of non-performing loans and then focus on growing the business and lending, says Jozef Sikela, member of the Erste Board responsible for...
BCR Sells EUR1.2B Corporate NPL
BCR, the largest local bank, has sold a set of non-performing corporate loans with a face value of EUR1.2 billion to a consortium comprised of Deutsche Bank, IFC and APS. This is the largest...
Romanian Lender BCR Posts RON904.3M Profit in Jan-Sept
Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Friday reported a net profit of 904.3 million lei (EUR203.6 million) in January-September, from a loss of RON2.42 b...
Erste Puts Romanian At The Helm Of BCR For The First Time
The Supervisory Board of Romanian lender BCR has appointed the Vice-President for Corporate Banking and Capital Markets, Sergiu Manea, as Chief Executive Officer, replacing Tomas Spurny who...
BCR Posts EUR135.7M Profit In 1H After Provision Cost Cut
Romania’s largest lender BCR, a unit of Austria’s Erste Group Bank (EBS.RO), posted a net profit of RON603.4 million (EUR135.7 million) in the first half of the year, from a loss of RON276 m...
Erste CEO Announces Structural Transformation Of BCR’s Corporate Lending
BCR needs to ‘structurally’ improve its relationship with the corporate customers and to do so it will completely reassess the lending products and processes on this segment, says Andreas Tr...
BCR To Provide Cash Management Services To OMV Petrom
Romanian lender Banca Comerciala Romana (BCR) will provide cash management and trade finance services to oil and gas company OMV Petrom (SNP.RO) starting this year, the lender said in a stat...
IFC Extends BCR $50M Loan To Help Romanian Companies Boost Trade
BCR and IFC, a member of the World Bank Group, have teamed up to expand the availability of trade finance for importers and exporters in Romania to help spur economic growth and create jobs,...