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BCR

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Erste Group Bank To Add EUR100M To BCR Share Capital
Banks-Insurance

Erste Group Bank To Add EUR100M To BCR Share Capital

Erste Group Bank (EBS.RO) will increase the share capital of Romanian BCR by EUR100 million by the end of the year, through cash contribution, Monday said group representatives.

Andrei Cîrchelan · 10.10.2011 · 19:17 · 1 min
Erste CEO: Buying BCR Was Not A Mistake, Despite The High Price
Banks-Insurance

Erste CEO: Buying BCR Was Not A Mistake, Despite The High Price

Erste Group Bank (EBS.RO) chief executive officer Andreas Treichl on Monday said the Austrian group paid a high price for Romanian BCR in 2006, from today’s perspective, but the acquisition...

Andrei Cîrchelan · 10.10.2011 · 13:52 · 1 min
BCR Tempts Customers With 14% Interest For Two-Year Deposits
Banks-Insurance

BCR Tempts Customers With 14% Interest For Two-Year Deposits

BCR is trying to persuade customers to keep their savings in lei in the bank for two years in exchange for a fixed 14% interest, instead of renewing their deposits every three months and get...

Ciprian Botea · 05.10.2011 · 00:00 · 1 min
Capital Market

SIF Shares Nosedive, Are 50% Away From 2009 Lows

The shares of the five regional investment funds (SIF) were significantly affected on the stock exchange, losing up to 15% in the last three trading sessions alone amid foreign stock exchang...

Adrian Cojocar · 05.10.2011 · 00:00 · 2 min
Capital Market

SIF Banat-Crisana Calls Shareholder To Vote On BCR Stake Sale

The managing board of regional investment fund SIF Banat-Crisana (SIF1.RO) called a shareholder meeting for November 3, to discuss options for the stake held in lender BCR, at the beckoning...

Andrei Cîrchelan · 30.09.2011 · 13:48 · 1 min
Retail&Consumer

Mihai Anghel Gets EUR2.5M From BCR To Buy Farming Land

Mihai Anghel, owner of Cerealcom Dolj and Oltyre, agricultural businesses worth EUR60 million and EUR11.4 million respectively, got a EUR2.5 million loan from BCR bank to buy land.

Gabriel Razi · 30.09.2011 · 00:00 · 1 min
Capital Market

SIF Banat-Crisana Forced To Call Shareholder Meet On BCR Stake

Romanian securities commission CNVM Tuesday said investment fund SIF Banat-Crisana (SIF1.RO) has 45 days to call a shareholder meeting to present possible strategies for capitalizing its 6%...

Florentina Dragu · 27.09.2011 · 20:30 · 1 min
BCR Gets EUR20M Loan From EBRD To Finance Energy Projects
Banks-Insurance

BCR Gets EUR20M Loan From EBRD To Finance Energy Projects

The European Bank for Reconstruction and Development Monday extended a EUR20 million loan to Romanian lender BCR to finance investments in the energy sector developed by small- and medium-si...

Florentina Dragu · 26.09.2011 · 12:51 · 1 min
SIF Muntenia Holders Allow Managers To Sell BCR Stake
Capital Market

SIF Muntenia Holders Allow Managers To Sell BCR Stake

The shareholders of Romanian regional investment fund SIF Muntenia (SIF4.RO) allowed the managing board to decide whether to sell or keep the BCR stake, Thursday said Petre Szel, president o...

Andrei Cîrchelan · 22.09.2011 · 14:48 · 1 min