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Results 451 - 475 from 545 for "bcr"

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  • BCR: Loans Restructured Three Or Four Times Triggered 3Q Loss

    11.04.2011

    BCR, the largest bank on the Romanian market by assets, wrote off as losses several big-value loans granted to companies with financial problems, which were restructured several times during the more

  • BCR Head: New Lending Rules To Drive Down Big Property Prices

    11.03.2011

    Romanian central bank’s new regulations for consumer loans are poised to slow down mortgage lending, taking a bigger toll on local demand for big properties, the head of bank Banca Comerciala Romana more

  • BCR Sees Provisions Flat In Fourth Quarter

    11.03.2011

    Romanian leading bank Banca Comerciala Romana (BCR) estimates loan provisioning will remain unchanged in the fourth quarter from the three months ended September 30, chief executive Dominic Bruynseels more

  • Bruynseels: BCR Won’t Slash Interest Rates Following Central Bank’s Rate Cut

    11.03.2011

    Romania’s largest bank Banca Comerciala Romana (BCR), a unit of Austrian Erste Group Bank AG, doesn’t plan to lower its interest rates on loans following the central bank’s decision to cut the more

  • SIF Transilvania Sells 6% Stake In BCR To Erste Bank

    10.31.2011

    Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday approved selling its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), people familiar with more

  • Erste Vows To Make BCR Number One Bank In Romania

    10.28.2011

    Austrian Erste Group Bank (EBS.RO) will allocate more resources to improve the efficiency of its Romanian unit Banca Comerciala Romana (BCR) and make the bank the number one player on the local more

  • Erste Could Buy Half Of SIFs’ Holding In BCR By Year-end

    10.28.2011

    Austria's Erste Group Bank AG (EBS.RO) Friday said it could strike a deal by year-end with the minority shareholders SIFs in its Romanian unit Banca Comerciala Romana (BCR) for half of their holdings. more

  • BCR Net Profit Falls Sevenfold In January-September

    10.28.2011

    Romanian leading bank group Banca Comerciala Romana (BCR) Friday said its net profit dropped sevenfold on the year to 67.6 million lei (EUR15.6 million) in the first nine months, hurt by rising more

  • BCR, Banca Transilvania Could Agree To Debt-To-Equity Swap At Oltchim

    10.25.2011

    Romanian banks Banca Comerciala Romana (BCR) and Banca Transilvania (TLV.RO) could agree to a debt-to-equity swap at chemical company Oltchim SA (OLT.RO), the Economy Ministry said Tuesday. more

  • First Deal With BCR Stock: SIF Muntenia To Sell 3.8% To Erste For Some EUR60M

    10.14.2011

    Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will sell a 3.77% stake in lender Banca Comerciala Romana (BCR) this year, for 70.1 million lei (EUR16.2 million) and Erste more

  • SIF Muntenia Sells 6% Stake In BCR To Erste Bank - Sources

    10.13.2011

    Romanian regional investment fund SIF Muntenia (SIF4.RO) Thursday sold its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), under terms similar to the agreement more

  • BCR Minority Holders Agree In Principle To Capital Boost

    10.12.2011

    Romanian regional investment funds SIFs, minority holders in Banca Comerciala Romana (BCR) agree in principle with a capital increase at the bank, as the move would strengthen BCR’s position in the more

  • Erste Proposes RON644M Capital Increase At BCR

    10.12.2011

    Austria’s Erste Group Bank AG (EBS.RO) Wednesday recommended increasing the share capital of its Romanian unit Banca Comerciala Romana (BCR) by 644 million lei (about EUR150 million) to RON1.7 more

  • Erste Group Bank To Add EUR100M To BCR Share Capital

    10.10.2011

    Erste Group Bank (EBS.RO) will increase the share capital of Romanian BCR by EUR100 million by the end of the year, through cash contribution, Monday said group representatives. more

  • Erste CEO: Buying BCR Was Not A Mistake, Despite The High Price

    10.10.2011

    Erste Group Bank (EBS.RO) chief executive officer Andreas Treichl on Monday said the Austrian group paid a high price for Romanian BCR in 2006, from today’s perspective, but the acquisition was not more

  • BCR Tempts Customers With 14% Interest For Two-Year Deposits

    10.05.2011

    BCR is trying to persuade customers to keep their savings in lei in the bank for two years in exchange for a fixed 14% interest, instead of renewing their deposits every three months and getting more

  • SIF Shares Nosedive, Are 50% Away From 2009 Lows

    10.05.2011

    The shares of the five regional investment funds (SIF) were significantly affected on the stock exchange, losing up to 15% in the last three trading sessions alone amid foreign stock exchange more

  • SIF Banat-Crisana Calls Shareholder To Vote On BCR Stake Sale

    09.30.2011

    The managing board of regional investment fund SIF Banat-Crisana (SIF1.RO) called a shareholder meeting for November 3, to discuss options for the stake held in lender BCR, at the beckoning of more

  • Mihai Anghel Gets EUR2.5M From BCR To Buy Farming Land

    09.30.2011

    Mihai Anghel, owner of Cerealcom Dolj and Oltyre, agricultural businesses worth EUR60 million and EUR11.4 million respectively, got a EUR2.5 million loan from BCR bank to buy land. more

  • SIF Banat-Crisana Forced To Call Shareholder Meet On BCR Stake

    09.27.2011

    Romanian securities commission CNVM Tuesday said investment fund SIF Banat-Crisana (SIF1.RO) has 45 days to call a shareholder meeting to present possible strategies for capitalizing its 6% stake in more

  • Omniasig On Merger With BCR Asigurari: Our Strategy Is “No Winners And No Losers”

    09.27.2011

    The employees of insurers Omniasig and BCR Asigurari, which are in the process of merging to create the largest insurance company on the Romanian market, with over EUR300 million in revenue, will more

  • BCR Gets EUR20M Loan From EBRD To Finance Energy Projects

    09.26.2011

    The European Bank for Reconstruction and Development Monday extended a EUR20 million loan to Romanian lender BCR to finance investments in the energy sector developed by small- and medium-sized more

  • SIF Muntenia Holders Allow Managers To Sell BCR Stake

    09.22.2011

    The shareholders of Romanian regional investment fund SIF Muntenia (SIF4.RO) allowed the managing board to decide whether to sell or keep the BCR stake, Thursday said Petre Szel, president of SIF more

  • Sales Decline Forces Insurance Market To Consolidate

    09.22.2011

    The prolonged crisis is pushing the insurance market towards mergers to create stronger companies, considering that more than 40 companies share business of EUR2 billion and that the money has more

  • Major Merger On Insurance Market: Omniasig’s Name Prevails Over BCR Asigurari

    09.20.2011

    The company resulting from the merger of Omniasig and BCR Asigurari, which will become the largest insurer on the Romanian market, will take the Omniasig name because the majority shareholder decided more

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