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ERSTE

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BCR Group Posts EUR85M Net Profit Attributable to Majority Shareholder
Banks-Insurance

BCR Group Posts EUR85M Net Profit Attributable to Majority Shareholder

Romanian lender Banca Comerciala Romana (BCR), majority owned by Austria's Erste Group, posted net profit attributable to the majority shareholder of EUR85 million in 2019, compared with EUR...

Oana Gavrila · 28.02.2020 · 09:50 · 1 min
BCR Posts EUR43.8M Net Profit Attributable To Majority Shareholder In Jan-Sept 2019
Banks-Insurance

BCR Posts EUR43.8M Net Profit Attributable To Majority Shareholder In Jan-Sept 2019

Austria's Erste Group, the majority shareholder of Romanian lender Banca Comerciala Romana (BCR), on Wednesday reported the financial results for the first nine months of 2019, on a group le...

Ecaterina Craciun · 30.10.2019 · 11:47 · 1 min
SIF Oltenia Gets EUR140M From Erste For Sale Of 6.2% Stake In BCR
Banks-Insurance

SIF Oltenia Gets EUR140M From Erste For Sale Of 6.2% Stake In BCR

The sale-purchase operation of the 1.02 billion shares (a 6.29% stake) held by regional investment fund SIF Oltenia in Banca Comerciala Romana (BCR) has been finalized on October 9 by signin...

Ecaterina Craciun · 09.10.2018 · 17:54 · 1 min
Banks-Insurance

SIF Oltenia Sells Minority Stake in BCR to Erste for EUR140M

Shareholders of regional investment fund SIF Oltenia on Thursday approved the sale of the company's 6.29% stake in Banca Comerciala Romana (BCR) to its majority shareholder Erste Bank for EU...

Oana Gavrila · 04.10.2018 · 16:12 · 1 min
Banks-Insurance

BCR Group Net Profit Attributable to Majority Shareholder Doubles in 1H, to EUR122.5M

Austrian group Erste, the majority shareholder of Banca Comerciala Romana (BCR), said Tuesday it posted an operating profit of EUR137 million in Romania in the first half of 2018, down 9.2%...

Oana Gavrila · 31.07.2018 · 10:40 · 1 min
Erste: Romania’s Public Debt To Stay Below 37% Of GDP In 2018
Macroeconomics

Erste: Romania’s Public Debt To Stay Below 37% Of GDP In 2018

Romania's public debt will stay below 37% of GDP and well below the 60% level set by the Maastricht criteria in the coming quarters, the Erste Group said in a CEE public debt research paper.

Ecaterina Craciun · 06.12.2017 · 18:26 · 1 min
Banks-Insurance

BCR Profit Attributable to Shareholders Declines 54.5% in Jan-Sept

Romania's largest lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, on Friday reported a net profit attributable to shareholders of EUR102.8 million in the first nine mon...

Oana Gavrila · 03.11.2017 · 12:09 · 1 min
BCR 1Q Net Profit Down 40% To EUR37M; Operating Profit Up 2.4% To EUR70M
Banks-Insurance

BCR 1Q Net Profit Down 40% To EUR37M; Operating Profit Up 2.4% To EUR70M

The net profit registered in Romania by Austrian Erste Group, owner of Banca Comerciala Romana (BCR), plunged 40% in January-March 2017, to EUR37 million, from EUR62 million in the year-earl...

Ecaterina Craciun · 05.05.2017 · 11:20 · 1 min
Treichl, Erste: BCR Has High Growth Potential On Lending Segment
Banks-Insurance

Treichl, Erste: BCR Has High Growth Potential On Lending Segment

BCR has a high growth potential on the lending segment if taking into account similar parameters in Austria and Czech Republic, says Andreas Treichl, chief executive officer of Erste, the Au...

Loredana Frățilă-Cristescu · 01.03.2017 · 00:00 · 1 min