BCR
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BCR Files Only Bid For Subway Pass Card Payment Services
Lender BCR was the sole bidder on a contract estimated at RON1.82 million to provide subway operator Metrorex with banking services allowing card payment for subway passes.
BCR: State Must Prove New Energy Units Are Necessary Before It Starts Building
Romania's energy sector could be strengthened through mergers and acquisitions around large power producers and state companies must prove new units are necessary before they start building...
BCR Posts RON2.8B Loss in 2014, After Risk Provisions Increase
Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), went back into red last year after it took a significant charge for non-performing loans.
Bankrupt Residential Compound American Village Put Up For Sale For EUR9.3M
Bankrupt residential compound American Village in northern Bucharest, developed by Mainrom Invest, was put up for sale at a starting price of EUR9.3 million, representing 35% of the debts to...
BCR Expects To Give 7,500 First Home Loans On RON490M Guarantee Cap
BCR, Romania's largest bank by assets, has been assigned a guarantee cap of RON490 million for the First Home program and estimates it will grant over 7,500 mortgage loans under the program,...
BCR Does Not Rule Out Other Tax Hikes Except For Income Tax In Romania This Year
BCR analysts do not rule out other tax hikes in Romania this year, except for the income tax, and remain skeptical about future budget execution and the country’s ability to meet the structu...
Deutsche Bank Clears Another EUR440M Of BCR’s NPLs
Deutsche Bank has bought from BCR a new set of non-performing loans with a face value of EUR443 million for which it paid about EUR28 million, market sources said. BCR did not comment on the...
Pogonaru Quits BCR Supervisory Board To Avoid Conflict Of Interest
Florin Pogonaru has resigned from the position of member of the supervisory board of Romanian lender Banca Comerciala Romana (BCR) to avoid a conflict of interests as one of his firms and an...
SIF Moldova Made The Most Of Its BCR Stake
Three years from the exit from BCR, the largest local bank, SIF Moldova (SIF2.RO) gained the most of all the four regional investment funds (SIF) that sold their stakes in the bank, getting...