Banca Comerciala Romana

Banca Comerciala Romana (BCR) has named Thomas Kolarik, an experienced IT top executive to Vice President position responsible for operations & IT at BCR starting January 1st 2021. His appointment is subject to regulatory approval by…

The Ministry of Public Finance (MFP) attracted RON 1.22bn and EUR 168.4mn. (in a total amount of RON 2.04bn – EUR 422mn), through the primary offer for the sale of government bonds for the population (FIDELIS), which took place between…

Representatives of 12 Central and Eastern Europe (CEE)’s biggest and most dynamic companies have signed today a memorandum establishing the Business Council of Growing Europe, PAP Press Center reports. The objective of the initiative is to…

 Banca Comercială Română (BCR) successfully launches the first senior non-preferred bonds in Romania and CEE region on the Bucharest Stock Exchange. The RON 600 million bond issuance has a 7-year maturity and represents the largest RON bond…

Sergiu Manea, CEO of Banca Comerciala Romana (BCR), has said on Friday that the bank is considering the postponement of investment plans as a result of the introduction of the new tax for banks. “All the investment plans we have had so…

Shares in Austria’s Erste Bank and Raiffeisen Bank International decreased on Wednesday after the Romanian Government has announced plans to tax the banking assets as of 2019. Erste Bank, which gets 8.4 percent of its revenues from…

Banca Comerciala Romana (BCR) has announced that it will stop the computer system that manages card operations on the night of Friday to Saturday (October 12-13, 2018) for works. "On October 13, 2018, 00:00h to October 13, 2018 at…

Banca Transilvania (BT) has overcome Banca Comerciala Romana (BCR) and has become the largest banking group in Romania by assets, but also the most profitable. The BT Group had, at the end of June, assets of RON 75.3 billion, up by 25%…

Five local banks - Raiffeisen Bank, ProCredit Bank Romania, Banca Comerciala Romana, Banca Transilvania and BancPost – are now part of the SME Initiative in Romania, to provide new financing for Small and Medium enterprises (SMEs) across…

Banca Comerciala Romana (BCR) is to halt, during the night of Friday to Saturday, between 0.30h to 1.30h, the computer system that manages BCR card operations and the acceptance network ATM/MFM (multifunction machine) / ASV (Automatic…