BCR
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Romanians Bought 500 Kilos Of Gold From BCR In 2012
BCR has brokered transactions with more than 500 kilograms of gold since the beginning of the year, worth over 100 million lei (EUR22 million), the biggest of them involving 40 kilograms of...
BCR: Romania To Tap International Debt Markets Again Before Elections
Romania’s Finance Ministry will likely tap international debt markets for a third time this year ahead of the November election campaign to increase its liquidity buffer, according to a repo...
BCR Appoints New Chief Operating Officer
Romania’s largest bank by assets Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank AG, has appointed Paul Ursaciuc as its new chief operating officer, the lender said in a...
Austria’s Erste Launches Buyout Offer For 0.14% In BCR
Austria’s Erste Group Bank AG (EBS.RO) Thursday launched a buyout offer for a stake of 0.14% in Romanian lender BCR, which could bring its total holding in the local bank to 93.41%.
Mom Best Financial Role Model For Romanian Teens, Survey Shows
Mothers trump Bill Gates as most influential financial figures among teenagers
BCR: Romanian Government May Overshoot 2012 Deficit Goal
The Romanian government may overshoot its budget deficit target by around 0.8 percentage points because of the upcoming parliamentary elections this fall, according to estimates from the cou...
BCR Cuts Romania GDP Growth Forecast To 0.7% In 2012
Romanian top lender BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), Thursday cut its forecast on the country’s economic growth to 0.7% in 2012 from 1.2% previously, saying it expects a...
Large Banks Still Spend More Than Half Of Expense Budgets On Salaries
BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the...
BCR: Leu To Stay At 4.6 Vs Euro Until Year-end
The Romanian leu is likely to trade at around 4.6 per euro until the end of 2012, due to a longer-than-estimate period of political instability, according to estimations from the country’s l...