BCR
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BCR’s New Board Eyes Return To Profit
The new management team of Banca Comerciala Romana, or BCR, has set as main target a return to profit in the medium term. The Romanian central bank has recently approved the appointment of T...
Tomas Spurny Begins Term As New CEO Of BCR
Romania's central bank has authorized the appointment of Tomas Spurny as the new chief executive officer of Banca Comerciala Romana, or BCR, the commercial lender said in a statement Friday.
Cemacon Seeks Advisor For Negotiations With BCR
Romanian brick maker Cemacon (CEON.RO) could pay over EUR300,000 to a financial adviser in negotiations aimed at reducing the debt owed to lender BCR by some EUR10 million.
SIF Muntenia Sells Remaining Stake In BCR For RON53.5M
Romanian regional investment fund SIF Muntenia (SIF4.RO) Wednesday said it has sold its remaining stake in Banca Comerciala Romana (BCR) to Austria’s Erste Group Bank AG (EBS.RO) for 53.5 mi...
SIF Banat-Crisana Sells Last Shares In BCR
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Wednesday said that it has sold the last shares it held in lender BCR to Austrian Erste Group Bank (EBS.RO), and now it stands t...
Dominic Bruynseels's Term At BCR: Growth Of Corporate Segment, Decline Of Retail Business And Many Bad Loans
After almost four years at the helm of BCR, British executive Dominic Bruynseels is leaving the largest bank on the market with a visibly stronger position on the corporate banking segment,...
Erste Wants 100% In BCR, Persuades 339 Individuals To Sell, Continues Negotiations With SIF Oltenia
Austria’s Erste Group (EBS.RO) has only one of the top ten individual shareholders of BCR left to persuade, after nine of them have already accepted the offer to sell at 1.09 lei per share,...
BCR Posts RON0.5B Loss In 2011
BCR, the largest Romanian bank, ended 2011 with a net loss of 511 million lei (EUR117 million) compared with a profit of RON55.4 million in 2010, according to its filings based on the Romani...
Erste Extends BCR Buyback Deadline Until May 25
Erste Group Bank (EBS.RO), majority holder of Romanian lender BCR, extended until May 25 the deadline for the operation where it plans to buy a 0.365% stake in BCR.