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BCR

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BCR Ups Ceiling For Government-Backed “First Home” Program By RON252M
Banks-Insurance

BCR Ups Ceiling For Government-Backed “First Home” Program By RON252M

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO) raised its guarantee ceiling for government-backed “First Home” mortgage lending program by 252 million lei (EUR56...

Gabriela Stan · 20.02.2014 · 12:38 · 1 min
Erste: BCR Performed As Expected In 2013
Banks-Insurance

Erste: BCR Performed As Expected In 2013

Austria’s Erste Group Bank AG (EBS.RO) on Tuesday said its net profit fell eight-fold on the year to EUR60 million, hit by goodwill write-down, but noted its Romanian unit BCR performed as e...

Florentina Dragu · 11.02.2014 · 18:12 · 1 min
Ambient Trades Stores For Debt Cut
Real Estate

Ambient Trades Stores For Debt Cut

Do-it-yourself and construction material distribution company Ambient, controlled by Sibiu businessman Ioan Ciolan, in late 2013 carried out an extensive financial overhaul process by which...

Loredana Frățilă-Cristescu · 05.02.2014 · 00:00 · 2 min
BCR Appoints New Chief Financial Officer
Banks-Insurance

BCR Appoints New Chief Financial Officer

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), has appointed Adriana Jankovicova as its new Chief Financial Officer, effective March 1, the lender said in a sta...

Florentina Dragu · 31.01.2014 · 11:07 · 1 min
BCR Swings To Net Profit Of RON370M In 2013 - Sources
Banks-Insurance

BCR Swings To Net Profit Of RON370M In 2013 - Sources

Romanian leading bank BCR, a unit of Austria’s Erste Group Bank AG (EBS.RO), reported a net profit of around 370 million lei (EUR81.7 million) in 2013, sources at the bank said Friday.

Florentina Dragu · 24.01.2014 · 15:22 · 1 min
Banks-Insurance

BCR Sees RON647M Net Profit In 2014

Romanian leading bank BCR, a unit of Austria’s Erste Group Bank AG (EBS.RO), estimates a net profit of 647 million lei (EUR142.8 million) for the full-year 2014, according to the lender’s re...

Florentina Dragu · 22.01.2014 · 17:44 · 1 min
BCR Cuts Rates On Leu-Denominated Loans
Banks-Insurance

BCR Cuts Rates On Leu-Denominated Loans

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), on Monday lowered by up to one percentage point its interest rates on leu-denominated mortgage and consumer loans...

Florentina Dragu · 20.01.2014 · 12:48 · 1 min
Andreas Treichl: BCR Done With The Cuts, Ready For Business
Banks-Insurance · INTERVIEW

Andreas Treichl: BCR Done With The Cuts, Ready For Business

BCR has concluded its ambitious restructuring process started eighteen months ago and has become an efficient bank, said the chief executive of Erste Group Bank (EBS.RO), the owner of Romani...

Loredana Frățilă-Cristescu · 20.01.2014 · 00:00 · 5 min
Cheaper Loans In Lei And Transactions Involving Small Banks Expected In 2014
Banks-Insurance

Cheaper Loans In Lei And Transactions Involving Small Banks Expected In 2014

The visible decline of leu interest rates should revive the demand for loans, but the major obstacle to the market rebound remains the absorption of the huge volume of non-performing loans.

Daniela Stoican · 06.01.2014 · 02:50 · 3 min