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BCR

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Romania Registers EUR7B MTN Program In Luxembourg
Capital Market

Romania Registers EUR7B MTN Program In Luxembourg

Romania has registered its euro medium-term financing program (EMTN – Euro Medium Term Note), worth up to EUR7 billion, with the Luxembourg stock exchange. Next Monday will see the start in...

Razvan Voican · 02.06.2011 · 00:00 · 1 min
Banks-Insurance

BCR Sold 165 Kilograms Of Gold In January To May

Romania’s top lender BCR has sold 165 kilograms of physical gold in January to May, above the amount sold in the whole of 2010, retail treasury chief Razvan Furtuna said Thursday.

Florentina Dragu · 26.05.2011 · 19:34 · 1 min
Banks-Insurance

BCR Raises Consumer Loan Interests On Higher-than-expected Demand

BCR, the biggest domestic bank in terms of assets, has taken the market by surprise after having unexpectedly raised the interest rate for leu-denominated consumer loans, to 14.5% a year, th...

ZF English · 18.05.2011 · 00:05 · 1 min
Capital Market

Erste-BCR Analysis: Bucharest Bourse May Gain 15% By Yearend

The Bucharest bourse could grow by 10% to 15% this year, according to an Erste-BCR analysis, based on forecasts on private lending, the leu's exchange rates and state bond yields.

Andrei Cîrchelan · 16.05.2011 · 16:33 · 1 min
BCR: We Changed The Game Rules On Deposit Market
Banks-Insurance

BCR: We Changed The Game Rules On Deposit Market

The EUR100,000 cap up to which the state guarantees banking deposits set up with domestic lending institutions covers approximately 750,000 BCR clients, according to the representatives of t...

ZF English · 16.05.2011 · 01:00 · 2 min
Banks-Insurance

Lending Revival: BCR Collects 75,000 Consumer Loan Applications In 6 Weeks

BCR, the biggest bank on the Romanian market, has seen daily applications for consumer loans double in the six weeks since launching a campaign to promote leu-denominated funding with a fixe...

ZF English · 10.05.2011 · 08:05 · 1 min
BCR: Corporate NPLs To Increase On Short Term
Banks-Insurance

BCR: Corporate NPLs To Increase On Short Term

Romanian retail non-performing loans have stabilized below 20% of the total loans, unlike the corporate sector, where the situation is set to worsen further before it can enter a downward pa...

Florentina Dragu · 09.05.2011 · 15:42 · 1 min
Banks-Insurance

How BCR Dodged The Bullet

December 20, 2005, at 19:13. Sebastian Vladescu, the then finance minister, announces the result of the biggest privatisation in Romanian history: Austrian group Erste bought the biggest loc...

ZF English · 05.05.2011 · 09:29 · 1 min
Health

MedLife Borrows EUR19M From BCR For Network Expansion

Romanian private healthcare provider MedLife took two loans worth a total EUR19 million from Banca Comerciala Romana, or BCR, to expand its network by opening new units, company president Mi...

Andrei Cîrchelan · 04.05.2011 · 11:01 · 1 min