Results 351 - 375 from 545 for "bcr"
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BCR: Romanian Government May Overshoot 2012 Deficit Goal
08.30.2012
The Romanian government may overshoot its budget deficit target by around 0.8 percentage points because of the upcoming parliamentary elections this fall, according to estimates from the country’s more
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BCR Cuts Romania GDP Growth Forecast To 0.7% In 2012
08.30.2012
Romanian top lender BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), Thursday cut its forecast on the country’s economic growth to 0.7% in 2012 from 1.2% previously, saying it expects more
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BCR BpL 1H Net Profit Triples To RON10.8M
08.29.2012
Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) Wednesday said its net profit more than tripled in the first half of 2012, to 10.8 million lei (EUR2.42 million), fueled by a 87% increase more
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BCR Asigurari de Viata’s 1H Underwritten Premiums Up 9% On Year, To RON182.1M
08.27.2012
Romanian life insurer BCR Asigurari de Viata, part of Austria's Vienna Insurance Group (VIG), underwrote gross premiums of 182.17 million lei (EUR40.64 million) in the first half of 2012, up 9% on the more
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BCR BpL Savings Deposits Doubled To Over RON1B In 1H
08.22.2012
Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) had more than 270,000 clients at the end of June, cumulating savings deposits of over 1 billion lei (EUR227.8 million), double compared more
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Large Banks Still Spend More Than Half Of Expense Budgets On Salaries
08.21.2012
BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the total more
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BCR: Leu To Stay At 4.6 Vs Euro Until Year-end
08.06.2012
The Romanian leu is likely to trade at around 4.6 per euro until the end of 2012, due to a longer-than-estimate period of political instability, according to estimations from the country’s largest more
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Erste To Write Down EUR210M Goodwill On Romanian BCR Unit
07.31.2012
Austria's Erste Group Bank AG (EBS.RO) said Tuesday it will write down EUR210 million in goodwill on its Romanian unit BCR because of the latter’s disappointing first-half result. more
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BCR Switches To RON546M Loss In 1H As Provisions Rise
07.31.2012
Romanian leading bank group Banca Comerciala Romana (BCR) Tuesday said it has switched to a loss of 546.4 million lei (EUR120 million) in the first half from profit a year earlier, hit by higher more
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BCR Asigurari de Viata To Pay RON15.6M Dividend For 2011
07.25.2012
Romanian insurer BCR Asigurari de Viata will pay dividends of 15.6 million lei (EUR3.37 million) for the 2011 financial year. more
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Espe Energia Gets EUR17M Loan From BCR To Build Micro Hydro In N Romania
07.25.2012
Romanian bank Banca Comerciala Romana, or BCR, granted a EUR17 million loan to company Espe Energia SRL to construct a micro hydropower facility in Maramures county, northern Romania. more
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BCR Asigurari de Viata Seeks RON11M Capital Hike
07.19.2012
The shareholders of Romanian insurer BCR Asigurari de Viata have decided to increase the company's share capital by 11.04 million lei (EUR2.41 million), to RON32.97 million, through a cash more
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Six BCR Executives Were Paid EUR1.8M Last Year
07.10.2012
Six members of the executive team of BCR, the largest bank on the market, received overall compensation of over EUR1.8 million in 2011 as salary before tax, while the performance bonus was zero. more
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How The Largest Mutual Fund In Romania Was Created
06.15.2012
The creation of the largest mutual fund in Romania started in Brussels, at the European Commission to be precise, which decided to change the rules for the operation of money-market funds to make them more
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How Cocor Went From Making Profit To Falling Behind With Its Loans
06.13.2012
Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), which owns the more
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BCR Asigurari de Viata Plans To Hike Capital By RON11M, To RON33M
06.12.2012
The shareholders of Romanian life insurance company BCR Asigurari de Viata will discuss in July the decision to increase the company’s share capital by 11.04 million lei (EUR2.47 million), to more
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Listing Romgaz On Foreign Market Possible, Says Broker
06.12.2012
Romanian natural gas producer Romgaz could be floated simultaneously in Bucharest and on a foreign exchange, but such a decision requires serious consideration, one of the brokers running the sale of more
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Cocor On The Verge Of Foreclosure By BCR
06.12.2012
Cocor Bucuresti (COCR.RO), owner of the eponymous shopping center in downtown Bucharest, might be foreclosed on by BCR, according to a report sent to the Bucharest Stock Exchange on Monday. more
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Former BCR VP Oana Petrescu Becomes Advisory Partner At Deloitte
06.12.2012
Oana Petrescu, former retail vice-president at lender BCR, joined consultancy firm Deloitte. She is now in charge of consulting for strategy and operations, human capital, technology and financial more
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BCR: Rating Cut Won’t Hurt Banking Activity
06.07.2012
Romanian bank Banca Comerciala Romana, or BCR, Thursday said Moody’s decision to downgrade its credit ratings will have only a limited impact on its operations. more
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Erste Says BCR Will Have Money For Loans Regardless Of Rating
06.07.2012
The parent banks of three of the largest Romanian lenders, BCR, Raiffeisen and UniCredit Tiriac Bank, had their ratings downgraded by Moody’s on Wednesday, because their exposure to the region is more
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Moody's Downgrades BCR, Raiffeisen Bank Romania To Non-Investment Grade
06.07.2012
Moody's ratings agency downgraded lenders Banca Comerciala Romana (BCR) and Raiffeisen Bank Romania to Ba1, a move synchronized with rating cuts in the banking sector in the Central and Eastern Europe more
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Erste Ups Stake In BCR To 93.27%
06.05.2012
Austria’s Erste Group Bank AG (EBS.RO) Tuesday said it has increased its stake in Romanian lender Banca Comerciala Romana (BCR) to 93.27% from 93.04%, following a buyout offer to BCR minority more
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Omniasig And BCR Asigurari Unable To Beat Astra Despite Merger
06.05.2012
Omniasig and Astra continue to fight over the leading position on the general insurance market, as the cumulated revenue of Omniasig and BCR Asigurari, which merged last month, fell below Astra’s in more
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BCR Borrows EUR50M From EIB To Finance Small Companies
05.24.2012
The European Investment Bank has extended a EUR50 million credit line to Romanian lender BCR for on-lending to small and medium sized enterprises, midcap companies and public entities, the banks said more