BRCI’s majority stockholder Dorinel Umbrarescu said Monday that the bank will likely see a slow, but healthy growth over the next years.
“I want a bank to support investors, particularly local ones,” Umbrarescu said at the bank’s inauguration in Bucharest.
Umbrarescu said he will increase the bank’s share capital by some EUR98 million to EUR100 million as soon as the institution receives all necessary authorizations.
“We want to bring a new attitude toward customers,” chief executive Marinel Burduja said in turn. “No other bank is financing start-ups currently.”
BRCI officially started operations on Monday, two months after Umbrarescu completed the purchase of a 93.27% stake in ATE Bank Romania from Greece’s Piraeus Bank.
Initially, the bank will only process saving and payment operations, with the lending activity slated for launch by early April.