BCR
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Austrian Banks Have Highest Exposure To Romania
Austrian banks had an almost EUR33 billion exposure to Romania at the end of last year, followed by Greek lenders, which were far behind, with assets worth EUR15 billion on the local market.
BCR: Agriculture’s Contribution To Romanian GDP Growth Seen At 0.3% In 2011
The Romanian agriculture had a small contribution to the country’s economic growth over the past ten years, compared to its share in the gross domestic product, and might contribute 0,3% to...
Romanian Investors Are Turning To Gold, As Prices Hit All-time Highs
When gold hit its second all-time peak in a row at National Bank of Romania (BNR) rates on Tuesday, Piraeus Bank, the only domestic lender that sells gold to retail clients, registered order...
Fitch Upgrades BCR, BRD and UniCredit Tiriac To ‘BBB+’
Fitch Ratings Thursday upgraded the long-term issuer default ratings of Banca Comerciala Romana (BCR), BRD - Groupe Societe Generale (BRD.RO) and UniCredit Tiriac Bank to 'BBB+' from 'BBB' f...
BCR Provides EUR31M Loan To Prio Extractie
Romanian top lender Banca Comerciala Romana, or BCR, provided a loan of EUR31 million to edible oil processor Prio Extractie to co-finance the latter’s working capital, BCR said in a stateme...
BCR Sees Mortgage Loans Up 10%-15% In 2011
Romanian lender BCR expects its mortgage loan portfolio will increase by 10%-15% this year compared to 2010, bank official Stefan Coroianu said Thursday.
BCR: Banks Need To Go Deeper Into Personalized Pricing To Revive Retail Line
Competition on the retail segment is tightening as consumer sentiment improves and banks need to better divide their clients into segments and slash costs to be able to gain new business, be...
BCR Lends Posta Romana RON40M For Working Capital
Postal company Posta Romana Tuesday said will borrow 40 million lei (EUR23.1 million) from lender Banca Comerciala Romana, or BCR, to help finance working capital.
SIF Moldova Challenges Erste In Court: Either List BCR Or Pay Dividends
Investment fund SIF Moldova (SIF2.RO), which holds 6% in the largest Romanian bank BCR, challenged in court the lender’s shareholders decision to not pay dividends from the 2010 profit.