BCR
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Cocor Bucuresti Restructures EUR15M Loan From BCR
The owners of shopping center Cocor in Bucharest and lender Banca Comerciala Romana (BCR) have agreed to restructure a EUR15 million loan the mall took out in 2008.
Romanians Lost Over RON120M This Year Over Gold Price Decline
The abrupt 26% decline in the price of gold this year shaved over EUR120 million lei (EUR26.6 million) off the value of Romanians’ gold bars.
BCR Says Ready To Help Economy, But Through Leu-Denominated Loans
After extensive restructuring measures, Romania's largest lender Banca Comerciala Romana (BCR) is ready to restart lending to individuals, but only in lei, according to the bank’s strategic...
Head Of BCR’s Retail: We Will Bite Into The Euro Mortgage Market With Loans In Lei
BCR, the largest bank on the Romanian market, is preparing to “bite” into the euro market with a new mortgage loan in lei, says Martin Skopek, executive vice-president in charge of retail of...
BCR Head Tomas Spurny Comes To ZF Bankers Summit ‘13
Tomas Spurny, the Czech-American recruited last year by Austrian group Erste to run BCR, is one of the guests at this year’s edition of the ZF Bankers Summit, where he will discuss the exten...
Raiffeisen Becomes Romania's Most Profitable Bank In 2012
Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit.
Treichl Rejects Proposals By Erste Shareholders To Change BCR Name
Andreas Treichl, CEO of Erste Bank, says he is against giving up the name of a bank that includes the name of the country where it operates, so the BCR brand (Romanian Commercial Bank) will...
BCR Grants EUR1B Loans To Co-Finance 1,000 EU-Funded Projects
Romania’s largest bank BCR has so far co-financed 1,000 European Union-funded projects worth EUR15 billion and the value of loans granted by the bank for these projects reached 4.37 billion...
BCR: Central Bank Likely To Cut Key Rate In September
Romania’s central bank will likely reduce its key interest rate by a quarter percentage point in September, from a historic low of 5.25% presently, according to estimates from the country’s...