08.12.2025

July consumer price index far exceeds expectations at 7.8% year-on-year versus the 6.5% year-on-year expected based on the Bloomberg consensus and accelerating from 5.7% year-on-year in the previous more

08.01.2025

Austrian group Erste, owner of BCR, ended the first half of 2025 with net profit attributable to owners of the parent company worth EUR1.66 billion, up 2.2% from H1/2024, while the operating result more

07.09.2025

The analysts of the Erste Group, which owns BCR in Romania, say in a report that international investors are currently paying close attention to Romania, where the fiscal consolidation package has more

06.06.2025

Erste Group, which owns BCR in Romania, has revised its economic growth forecast for Romania downwards from 1.8% to 1.3% in 2025, considering the first quarter data, which are below its expectations. more

05.05.2025

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has announced on May 5 that it has entered into an agreement with Banco Santander to acquire a 49% stake in Santander Bank Polska more

04.17.2025

BCR, the second-largest bank on the Romanian market by assets, made a non-consolidated net profit of RON2.8 billion in 2024, 50% of which should go to shareholders as dividends. more

12.18.2024

Banca Comerciala Romana (BCR) and Erste Group Bank AG have provided EUR107.23 million financing to Enery, a key player in the renewable energy sector in Central and Eastern Europe. more

11.14.2024

Erste Group, the owner of Banca Comerciala Romana (BCR), said in a report released on Thursday (Nov 14) that it had lowered its full-year economic growth forecast for Romania to 0.8%, down from its more

08.19.2024

A multijurisdictional team of Clifford Chance assisted Erste Group Bank AG and BCR in funding the development of a 99.2 MW onshore wind project that Nala Renewables bought from OX2. more

08.01.2024

Banca Comerciala Romana (BCR) announces that, starting August 1, 2024, Ilinka Kajgana, Chief Risk Officer at BCR, will assume a new responsibility within Erste Group. more

05.02.2024

The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, reached more than 50 points in April, which could be more

04.22.2024

Eurowind Energy, a Danish renewable energy company, has signed a EUR65.33 million loan facility for the construction of a wind farm in Pecineaga, Constanta County, with a total capacity of 48 MW. more

02.15.2024

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised downwards its forecast on Romania’s economic growth to 2.6% for 2024 from a previous estimate of 3.3%, after more

11.07.2023

Erste Group, which owns BCR in Romania, has upwardly revised its Romania inflation estimate for 2024 amid stepped up inflationary pressures, now expecting a peak of at least 7% in January-February. more

07.26.2023

Cerealcom Group, one of the most successful Romanian agribusinesses and the country’s largest producer and exporter of cereals, has signed a club loan-type revolving credit financing worth EUR100 more

04.12.2023

Retail property developer NEPI Rockcastle has contracted green financing worth EUR200 million from Erste Group Bank AG and Raiffeisen Bank S.A. in order to improve its liquidity position. more

02.16.2023

Clifford Chance Badea advised the bank syndicate including Banca Comerciala Romana S.A. and Erste Group Bank AG in connection with the financing of the acquisition by Austrian group Enery Power more

02.06.2023

Austria’s financial group Erste has revised its forecast on Romania’s annual inflation rate down to 8% by end-2023, versus 8.7% in its previous forecast, after the rate touched a record high of more

01.12.2023

Real estate developer Globalworth, one of the leading investors in office space in Central and Eastern Europe, has signed financing contracts for two new credit facilities worth EUR160 million, with more

09.19.2022

Romanians have adapted their financial behavior in the context of the accelerated increase in inflation, prices and utility bills in recent months, with almost half of them (47%) reducing costs, more

09.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised upwards its forecast on Romania’s economic growth to 6% in 2022, from a previous projection of 5.1%. more

07.25.2022

Austrians are ever more dynamic on Romania’s investment market and after UNIQA Real Estate GmbH that bought The Light One building from Ion Radulea in April 2021, in 2022 an investment fund of Erste more

06.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of 2.8% in more

04.29.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for more

11.15.2021

Financial investment company SIF Banat Crisana (SIF1.RO) sold shares in Erste Bank (EBS.RO) - the Austrian group that owns BCR in Romania - for about EUR15 million euros (RON75 million) in the third more