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BCR Gets Additional RON138M Guarantees For First Home Loan Program
Romanian lender Banca Comerciala Romana (BCR) received additional guarantees for First Home mortgage lending program worth 138 million lei (EUR33.40 million), the bank said Wednesday.
Fitch Affirms Romanian Banks BRD, BCR, Garanti Bank
Fitch Ratings on Thursday affirmed BRD-Groupe Societe Generale and Banca Comerciala Romana long-term issuer default ratings at 'BBB+' and Garanti Bank long-term issuer default rating at 'BB+...
BCR:Leu Might Fall Above 4.6 Units Vs Euro In 2015 On Readjustment Of Political Powers In Parliament
Romania’s leu might fall above 4.5-4.6 units against the euro next year, on the backdrop of political tensions related to a readjustment of political powers in the Parliament after the presi...
Extensive Balance Sheet Clean-Up Takes BCR's Loss To RON2.4B In Jan-Sept
Romania’s largest bank BCR Thursday reported a massive net loss for the first nine months due to a significant rise in provisioning costs on the back of an accelerated balance sheet clean-up...
BCR Revises Down Romania’s 2014 GDP Growth Forecast To 1.8%
Romania’s largest lender Banca Comerciala Romana, or BCR, revised downwards its forecast on Romania’s economic growth to 1.8% in 2014 and 3% in 2015, due to the very low public investments a...
Papalekas Takes EUR30M Loan From BCR To Refinance Center International
Greek businessman Ioannis Papalekas borrowed around EUR30 million from BCR to refinance office building Tower Center International (TCI), which hosts the headquarters of Hidroelectrica and t...
Azomures Gets EUR75M Funding From BCR And UniCredit
BCR and UniCredit Tiriac, two large banks in Romania, granted funding worth EUR75 million to Romanian fertilizer producer Azomures. The company will use the money to upgrade its two ammonia...
BCR Seeks To Sell EUR433M Worth Of Non-Performing Loans
Romanian lender BCR has hired consultancy and audit firm PwC to sell non-performing loans totaling EUR433 million it granted to 91 corporations, according to CoStar Finance.
BCR Mulls Additional Guarantees For First Home Loan Program
Romanian lender Banca Comerciala Romana (BCR) already used the additional guarantees obtained for First Home mortgage lending program following the reassignment of government funding, after...