BCR
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BCR: Rating Cut Won’t Hurt Banking Activity
Romanian bank Banca Comerciala Romana, or BCR, Thursday said Moody’s decision to downgrade its credit ratings will have only a limited impact on its operations.
Moody's Downgrades BCR, Raiffeisen Bank Romania To Non-Investment Grade
Moody's ratings agency downgraded lenders Banca Comerciala Romana (BCR) and Raiffeisen Bank Romania to Ba1, a move synchronized with rating cuts in the banking sector in the Central and East...
Erste Says BCR Will Have Money For Loans Regardless Of Rating
The parent banks of three of the largest Romanian lenders, BCR, Raiffeisen and UniCredit Tiriac Bank, had their ratings downgraded by Moody’s on Wednesday, because their exposure to the regi...
Erste Ups Stake In BCR To 93.27%
Austria’s Erste Group Bank AG (EBS.RO) Tuesday said it has increased its stake in Romanian lender Banca Comerciala Romana (BCR) to 93.27% from 93.04%, following a buyout offer to BCR minorit...
BCR Borrows EUR50M From EIB To Finance Small Companies
The European Investment Bank has extended a EUR50 million credit line to Romanian lender BCR for on-lending to small and medium sized enterprises, midcap companies and public entities, the b...
Erste’s Head Of Risk Says Clean-Up Of BCR’s Loan Portfolio Will Continue
Austria’s Erste has finished cleaning up its loan portfolio in Hungary but the process continues in Romania with BCR, where the group plans to raise the degree of coverage of non-performing...
BCR: Romanian Leu Undervalued Despite Improving Fundamentals
Romania’s largest bank Banca Comerciala Romana Thursday said the leu is likely to trade inside a range of 4.3-4.5 per euro for most of 2012 and estimated the national currency is currently u...
Banca Transilvania Beats BCR And BRD In Terms Of Profit
Banca Transilvania was the most profitable top three bank in the first quarter and the only one to have posted asset growth, as the economy remained difficult.
BCR Swings To RON308M Net Loss In First Quarter
Romania's largest banking group BCR Monday reported the widest quarterly loss since it was taken over by Austria’s Erste Bank (EBS.RO) in 2006 as rising risk costs continued to hurt the bott...