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BCR

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Erste Group Bank Eyes Buying 0.36% In BCR For RON62M
Banks-Insurance

Erste Group Bank Eyes Buying 0.36% In BCR For RON62M

Erste Group Bank (EBS.RO), majority shareholder of Romanian lender BCR, proposed a price of 1.09 lei (EUR0.25) per share to minority holders, in a bid to take over a total 0.36% stake in the...

Andrei Cîrchelan · 07.02.2012 · 15:31 · 1 min
Banks-Insurance

SIF Muntenia Gets 0.38% In Erste For Another Batch of BCR Shares

Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will transfer 190.23 million shares of its remaining stake in Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.R...

Florentina Dragu · 03.02.2012 · 20:12 · 1 min
Erste Reshuffles BCR Management: Tomas Spurny Named CEO
Banks-Insurance

Erste Reshuffles BCR Management: Tomas Spurny Named CEO

Romania’s top lender Banca Comerciala Romana (BCR), a unit of Austrian Erste Group Bank (EBS.RO), has appointed Tomas Spurny as its new chief executive officer, the bank said in a statement...

Florentina Dragu · 27.01.2012 · 13:39 · 1 min
End Of Term For Bruynseels At BCR
Banks-Insurance

End Of Term For Bruynseels At BCR

After several months of rumors and speculations, Austria’s Erste Group is ready to publicly announce all the changes it decided to make to the management of its Romanian unit BCR, the larges...

Radu Bostan · 27.01.2012 · 00:00 · 3 min
BCR Sees 35% Rise In 2012 Bad Loan Provisions
Banks-Insurance

BCR Sees 35% Rise In 2012 Bad Loan Provisions

Romanian leading bank Banca Comerciala Romana (BCR) estimates provisions for potential bad loans will rise 35% to 5.32 billion lei (EUR1.22 billion) in 2012, according to the lender’s revenu...

Florentina Dragu · 26.01.2012 · 20:14 · 1 min
Why Is Oana Petrescu Leaving BCR’s Board?
Banks-Insurance

Why Is Oana Petrescu Leaving BCR’s Board?

After more than five years as executive vice-president at BCR, the largest Romanian bank, Oana Petrescu says that her training as a consultant influenced her management style and once the ma...

Radu Bostan · 24.01.2012 · 00:00 · 2 min
Omniasig-BCR Asigurari Merger Awaits Watchdog’s Approval, Final Shareholder Vote
Banks-Insurance

Omniasig-BCR Asigurari Merger Awaits Watchdog’s Approval, Final Shareholder Vote

The largest merger on the Romanian insurance market is only halfway to completion, but the outlines of the new company resulting from the consolidation of Omniasig and BCR Asigurari’s busine...

Daniela Stoican · 18.01.2012 · 00:00 · 2 min
Banks-Insurance

Erste To Name Tomas Spurny As New CEO Of BCR - Sources

Tomas Spurny, Chief Executive Officer of Hungary’s CIB Bank and former head of the PPF investment fund, will replace Dominic Bruynseels as president of Romanian lender BCR, a unit of Austria...

Florentina Dragu · 17.01.2012 · 20:36 · 1 min
SIF Oltenia Stalls Sale Of BCR Stake: We Have All The Time In The World
Capital Market

SIF Oltenia Stalls Sale Of BCR Stake: We Have All The Time In The World

Romanian regional investment fund SIF Oltenia (SIF5.RO), the only one of the five SIFs which has yet to sign the contract to sell its shares in BCR to Austria’s Erste Group Bank (EBS.RO), sa...

ZF English · 17.01.2012 · 00:00 · 1 min