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BCR

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BCR May Grant Loans Of RON136M Under First Home Program
Banks-Insurance

BCR May Grant Loans Of RON136M Under First Home Program

Romanian lender Banca Comerciala Romana (BCR) may grant loans totaling RON136 million under the First Home mortgage lending program following the reassignment of government funding for the p...

Oana Gavrila · 29.09.2014 · 13:07 · 1 min
Ambient Owner Transfers 10% To BCR Fund To Settle EUR4.5m Debt
Retail&Consumer

Ambient Owner Transfers 10% To BCR Fund To Settle EUR4.5m Debt

Businessman Ioan Ciolan, the majority shareholder of Sibiu-based do-it-yourself retail and construction material distribution company Ambient, transferred 9.99% in it to an investment fund o...

Loredana Frățilă-Cristescu · 29.09.2014 · 00:00 · 1 min
BCR’s Retail Network Head May Take Over As Executive VP For Retail & Private Banking
Banks-Insurance

BCR’s Retail Network Head May Take Over As Executive VP For Retail & Private Banking

Dana Demetrian, director of retail network management at Banca Comerciala Romana (BCR), may be appointed to the position of Executive Board member responsible for Retail & Private Banking, r...

Ecaterina Craciun · 12.09.2014 · 12:57 · 1 min
Banks-Insurance

Court Orders BCR To Pay EUR4.5M To Former Bancorex President

The Bucharest Court has ruled lender Banca Comerciala Romana (BCR) must pay former Bancorex president Razvan Temesan over EUR4.5 million to compensate for his salary since he was fired.

Oana Gavrila · 10.09.2014 · 16:18 · 1 min
BCR Seeks 15,000 Sqm Of Office Space In Bucharest
Real Estate

BCR Seeks 15,000 Sqm Of Office Space In Bucharest

The largest bank in Romania, Austria’s Erste-owned BCR, is looking for up to 15,000 square meters of office space to relocate some of its operations in Bucharest.

Loredana Frățilă-Cristescu · 26.08.2014 · 00:00 · 2 min
Fitch Downgrades Outlook On Romania’s BCR To Negative From Stable
Banks-Insurance

Fitch Downgrades Outlook On Romania’s BCR To Negative From Stable

Fitch Ratings has revised to negative from stable its outlook on Romanian bank Banca Comerciala Romana’s (BCR) ratings, following the downgrade of the parent bank’s viability rating to 'bbb+...

Florentina Dragu · 12.08.2014 · 14:02 · 1 min
BCR To Sell More NPLs Shortly – Erste Official
Banks-Insurance

BCR To Sell More NPLs Shortly – Erste Official

Romania’s largest bank Banca Comerciala Romana, or BCR, is carrying talks to sell a second batch of non-performing loans following the successful sale of a NPL package worth about EUR230 mil...

Florentina Dragu · 31.07.2014 · 17:52 · 1 min
BCR Sells RON1B NPL Package
Banks-Insurance

BCR Sells RON1B NPL Package

Romania’s largest lender Banca Comerciala Romana, or BCR, sold non-performing loans of 1 billion lei (EUR225 million) in July to a consortium of foreign investors and available funding lines...

Bogdan Neagu · 31.07.2014 · 11:07 · 1 min
Banks-Insurance

BCR Posts Loss Of RON276.6M In 1H, On High Provisioning Costs

Romania’s largest lender Banca Comerciala Romana, or BCR, turned to losses in the first year-half due to “sustained provisioning associated to balance sheet clean-up.”

Bogdan Neagu · 31.07.2014 · 10:34 · 1 min