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BCR

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BCR, Ready For Lending Revival
Banks-Insurance

BCR, Ready For Lending Revival

BCR’s retail loan portfolio in the first quarter of 2014 posted growth for the first time in three years as a rebound in consumer confidence has been felt starting the first half of the year...

Catalina Apostoiu · 16.04.2014 · 00:00 · 3 min
BCR: Leu-Denominated Consumer Loans Exceeded RON1.5B In 2013
Banks-Insurance

BCR: Leu-Denominated Consumer Loans Exceeded RON1.5B In 2013

Romania’s largest lender Banca Comerciala Romana, or BCR, has extended leu-denominated consumer loans exceeding 1.5 billion lei (EUR336 million) in 2013, the bank said in a statement Monday.

Florentina Dragu · 07.04.2014 · 12:19 · 1 min
Four Romanian Lenders To Set Up Banking Employer’s Association
Banks-Insurance

Four Romanian Lenders To Set Up Banking Employer’s Association

Romanian lenders Banca Comerciala Romana (BCR), BRD-Groupe SocieteGenerale, Raiffeisen Bank and UniCredit Tiriac Bank on Friday announced plans to set up the first banking employers’ associa...

Florentina Dragu · 04.04.2014 · 17:20 · 1 min
BCR Gained RON21M From Deal With Bucharest City Hall
Banks-Insurance

BCR Gained RON21M From Deal With Bucharest City Hall

Banca Comerciala Romana, the largest Romanian bank, last year became the owner of the land plot on Calea Victoriei boulevard where is located Bucharest Financial Plazza, the tower that hosts...

Catalina Apostoiu · 01.04.2014 · 15:01 · 2 min
Banks-Insurance

BCR: ASF Identified No Institutional Guilt Of The Bank In Harinvest Case

Romania’s Financial Supervisory Authority has not identified any institutional guilt of Banca Comerciala Romana in the case of Harinvest fraud, as the bank observed the market regulations an...

Gabriela Stan · 18.03.2014 · 19:52 · 1 min
BCR: Ukraine Default To Have Limited Impact On Romania’s Economy
Banks-Insurance

BCR: Ukraine Default To Have Limited Impact On Romania’s Economy

Romania’s economy is unlikely to experience significant difficulties following a potential debt payment default in Ukraine or commercial sanctions on Russia, according to estimates from lend...

Florentina Dragu · 10.03.2014 · 14:31 · 1 min
BCR Kept Losing Market Share In Q4/2013, But Erste Boss Expects Retail And Corporate Rally
Banks-Insurance

BCR Kept Losing Market Share In Q4/2013, But Erste Boss Expects Retail And Corporate Rally

Romania's largest lender Banca Comerciala Romana saw its corporate loan portfolio dwindle by RON1.3 billion between September 2013 and November 2013 alone, while its retail loan volume shran...

Catalina Apostoiu · 10.03.2014 · 00:00 · 2 min
Erste, BCR & EBRD Finance 108MW Wind Farm In Romania
Energy

Erste, BCR & EBRD Finance 108MW Wind Farm In Romania

Erste Group and Banca Comerciala Romana will provide EUR76 million funds for the construction of the 108 MW wind farm Crucea North, in the Dobrogea region on the Romanian Black Sea coast, wh...

Gabriela Stan · 04.03.2014 · 11:45 · 1 min
Banks-Insurance

BCR Returns To Profit In 2013, On Lower Costs

Romania’s largest bank BCR returned to a positive result in 2013 after a massive loss in the previous year, helped by improving operating activity and much lower risk costs.

Bogdan Neagu · 28.02.2014 · 10:40 · 2 min