SIF Muntenia is the second investment fund to call for a stockholder assembly on the subject, after fellow SIF Oltenia (SIF5.RO) has made a similar request Wednesday.
BCR is 69.4%-owned by Austria’s Erste Group Bank AG (EBS.RO), while Romania’s five SIFs hold together a 30.11% stake.
The bank was supposed to go public in 2009, but the term was delayed until this year, per Erste’s request.
Andreas Treichl, Chief Executive Officer of the Austrian lender, said recently BCR’s listing wouldn’t benefit its shareholders and he would do everything in his power to avoid an IPO.
However, if no satisfactory alternatives are found, Erste will float a minority stake in BCR on the Bucharest Stock Exchange, Treichl added.