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BCR

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BCR Puts Largest Set Of NPLs In Romania’s History Up For Sale
Banks-Insurance

BCR Puts Largest Set Of NPLs In Romania’s History Up For Sale

BCR has put up for sale the largest set of non-performing loans in Romania’s history, worth about EUR3.6 billion in lei equivalent, much higher than initially discussed. The move shows Roman...

Loredana Frățilă-Cristescu · 15.05.2015 · 00:00 · 2 min
One In Five BCR Clients Taking Real Estate Loans Opted For Top Floor Apartments
Real Estate

One In Five BCR Clients Taking Real Estate Loans Opted For Top Floor Apartments

One in five clients of Romania’s largest lender BCR who took real estate loans opted for top floor apartments, due to attractive offers in new residential projects, and the advantageous stru...

Gabriela Stan · 11.05.2015 · 12:56 · 1 min
BCR Swings To Profit After Balance Sheet Clean-Up
Banks-Insurance

BCR Swings To Profit After Balance Sheet Clean-Up

Romania’s largest lender BCR, a unit of Austria’s Erste Group Bank (EBS.RO), switched to profit in the first quarter of 2015 after a record loss last year caused by huge provisions for non-p...

Bogdan Neagu · 07.05.2015 · 09:41 · 1 min
Over Half Of First Home Loans, Granted By Two Banks
Analysis

Over Half Of First Home Loans, Granted By Two Banks

BCR and BRD, the top two banks in Romania by asset size, have granted over 55% of the 130,000 loans approved since the launch of the First Home scheme, in 2009.

Catalina Apostoiu · 15.04.2015 · 00:00 · 1 min
BCR Leasing Wants To Go Beyond EUR100M In Funding This Year
Companies

BCR Leasing Wants To Go Beyond EUR100M In Funding This Year

BCR Leasing, a top ten player on Romania’s leasing market, forecasts a 50% increase in the volume of granted financing this year, from almost EUR71 million (RON315 million) in 2014, accordin...

Catalina Apostoiu · 07.04.2015 · 00:00 · 1 min
BCR Getting Ready To Sell Up To EUR1.5B Worth Of NPLs In One Go
Banks-Insurance

BCR Getting Ready To Sell Up To EUR1.5B Worth Of NPLs In One Go

BCR, the largest bank in Romania, is getting ready to sell non-performing loans of EUR1 billion to EUR1.5 billion, the highest amount so far, a move that is bound to draw a lot of attention.

Loredana Frățilă-Cristescu · 02.04.2015 · 22:09 · 2 min
Cemacon Reschedules EUR33M BCR Loan Payoff
Banks-Insurance

Cemacon Reschedules EUR33M BCR Loan Payoff

Brick manufacturer Cemacon has signed a n agreement with lender BCR to restructure a EUR33 million loan, the company announced Friday.

Oana Gavrila · 20.03.2015 · 11:27 · 1 min
Macroeconomics

BCR Ups View On Romania’s GDP Growth To 2.8% in 2015

BCR has revised upwards its growth forecast for Romania’s gross domestic product to 2.8% in 2015, and 3% next year, supported by domestic consumption amid a low inflation environment.

Bogdan Neagu · 19.03.2015 · 14:37 · 1 min
Companies

Women Own 35% Of SMEs In Romania, BCR Data Show

One in three companies is run by women who own 35% of small- and medium-sized enterprises (SMEs) in Romania, according to data provided by Banca Comerciala Romana.

Ecaterina Craciun · 06.03.2015 · 13:33 · 1 min