BCR
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A&D Pharma Gets EUR190M Syndicated Loan From UniCredit, BCR And BRD
Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million.
BCR Considers Selling RON378.5M Accounts Receivable On Silver Mountain Project
Romania’s largest bank BCR Tuesday announced plans to auction 378.5 million lei (EUR85 million) of accounts receivable on the Silver Mountain real estate project in the central county of Bra...
BCR: Interest Rates On Low Risk Leu-Denominated Loans To Fall Below 6%
Romania’s largest bank BCR Tuesday estimated that interest rates on low risk loans in domestic currency could fall below 6% in 2014, close to foreign currency loan rates.
BCR To Provide Financing To Farmers That Get Aid Through Payment-Per-Hectare Scheme
Romanian farmers who receive state subsidies through a EU-funded payment-per-hectare scheme may get loans from Banca Comerciala Romana (BCR) of up to 90% of the value of the aid.
BCR: Banks To Give More Mortgage Loans In Romanian Lei
Romanian mortgage lenders are likely to extend more loans in local currency as the central bank’s pressure increases and the new regulations for the government-subsidized tax credit program...
Erste Names Outgoing CFO Wimmer Chairman Of BCR’s Supervisory Board
Erste Group Bank’s (EBS.RO) outgoing Chief Financial Officer Manfred Wimmer will take over as Chairman of the Supervisory Board of the bank’s Romanian unit BCR as of September 1, Erste chief...
BCR Switches To 1H Net Profit Of RON556.7M Vs Loss Of RON548.5M
Romania’s largest bank BCR Tuesday reported net profit of 556.7 million lei (EUR126.8 million) for the first half, from a loss of RON548.5 million in the year-earlier period, on the back of...
BCR Says Moody’s Downgrade Does Not Reflect Capital, Liquidity Levels
Romania’s largest bank by assets BCR has a strong capital position and good liquidity levels, two elements that are not reflected by the Moody’s recent downgrade decision, the bank said Thur...
Moody's Cuts Ratings Of BCR And BRD
Moody's Investors Service on Wednesday downgraded the deposit ratings of the two largest banks in Romania, Banca Comerciala Romana and BRD-Groupe Societe Generale (BRD.RO), following the low...