BCR
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Oana Petrescu Steps Down From BCR's Board. Erste Brings Martin Skopek As Retail Vice-President
BCR board member and retail vice-president Oana Petrescu decided to step down from this position starting March 31, 2012, and she will be replaced with Martin Skopek, management board member...
BCR Chiefs Blame Past Management For Most Of Non-Performing Loans
More than half the non-performing loans accumulated by BCR were generated during the 2006 - 2007 transitional period and before Erste took over the bank after it won the privatization proces...
SIF Moldova To Sell Entire BCR Stake To Erste This Year
Regional investment fund SIF Moldova (SIF2.RO) will transfer its remaining 4.74% stake in BCR to Austrian group Erste, receiving a 1% Erste stake in exchange.
SIF Transilvania Sells Entire BCR Stake To Erste
Regional investment fund SIF Transilvania (SIF3.RO) transferred the entire 6% stake it held in Romanian lender BCR to Austria's Erste Group Bank (EBS.RO), and received a 1% stake in the Aust...
Bruynseels: BCR Could Distance Itself Further From Rivals
Romania’s largest lender Banca Comerciala Romana (BCR) has a big opportunity in terms of repricing and competitiveness, as its main rivals are undergoing a series of management or structural...
Treichl, Erste: We Got Punished By Reality For Buying BCR
Buying Romania’s bank Banca Comerciala Romana (BCR) has proved to be a very “expensive venture” for Erste Bank, as the global financial and economic crisis severely impacted the region, said...
BCR Risk Officer: Up To 15% Of Bad Loans Due To Fraud
Some 10% to 15% of the non-performing loans of Romanian bank Banca Comerciala Romana (BCR) are due to frauds committed by dishonest employees and by outside persons, Chief Risk Officer Micha...
SIF Muntenia Transfers Minor BCR Stake To Erste, Collects RON70.1M
Regional investment fund SIF Muntenia (SIF4.RO) collected 70.1 million lei (EUR16.1 million) from Austrian Erste, representing the cash component delivered this year in the deal whereby the...
SIF Moldova Collects RON123.6M For BCR Stake
Regional investment fund SIF Moldova (SIF2.RO) collected 123.6 million lei (EUR28.39 million) from Austrian Erste for the 6% stake it held in lender BCR.