BCR
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BCR Reaches A Network Of 450 Self-Service Automated Machines
Romanian lender Banca Comerciala Romana (BCR) has installed 50 more self-service automated machines since the beginning of the year, reaching a network of 450 such machines, following EUR2.3...
Erste Shares Tumble After Profit Warning
Erste Group Bank (EBS.RO) traded down more than 13% in Bucharest Friday morning, after the Austrian banking group issued a profit warning yesterday.
BCR: Balance Sheet Clean-up To Yield Results In 2015/2016
Tackling the problem of rising non-performing loans by cleaning up the banks’ balance sheets will likely yield results as of 2015-2016, BCR chief executive Tomas Spurny said Tuesday.
Large Banks In Romania Unable To Revive Lending In 1Q/2014
The ten large banks in Romania, with more than 3% market share, did not help revive lending in the first quarter of 2014 either, as the only one of the pack to have seen a significant increa...
BCR Consumer Loans Up 70% In First 5 Months
Romania’s largest bank Banca Comerciala Romana (BCR) granted over 65,000 consumer loans in the first five months of the year, up 70% from the corresponding period a year earlier.
BCR Buys Silver Mountain Residential Project For EUR49.7M
Lender BCR bought Brasov-based insolvent residential project Silver Mountain, developed by INR Management Real Estate, for EUR49.7 million, judicial administrator Euro Insol said in a statem...
BCR Hires Volksbank Romania's Restructuring Head
Sorin Serban, the executive who filled the chief restructuring officer position with Volksbank for the past two years and a half, was recruited by BCR, Romania’s largest bank, for an executi...
BCR Switches To Profit In 1Q On Lower Risk Costs
BCR, Romania’s largest bank, Wednesday reported a first-quarter net profit of 1 million lei (EUR0.2 million), compared with a loss of RON10 million in the year-earlier period.
SMEs Can Get RON526M From BCR To Fund Working Capital
Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO) earmarked up to RON526 million to fund small- and medium-sized enterprises (SMEs), with half of the financing guar...