BCR supports all quality business projects
BANCA COMERCIALĂ ROMÂNĂ S.A. - 23 January 2009
Bucharest, January 23, 2009 - Banca Comerciala Romana (BCR) is persistently/consistently acting towards offering a real support to our customers, concomitantly with ensuring an adequate risk management aimed at protecting the customers themselves, the bank and its shareholders.
This approach is wholeheartedly backed by the mother-bank, Erste Group, for both retail and corporate business lines.
"Erste Group will continue to fund BCR, as normal, whenever is needed. Consequently, our bank has the capacity to provide financing, both in lei and EUR, for all viable, quality business investment" stated Wolfgang Schoiswohl, Advisor to the Management Board of BCR for corporate business line.
Moreover, BCR put in place a new lending offer for the retail segment, a very advantageous one, intended to help our customers, an offer we are constantly working to improve.
"Our current activity clearly indicates the bank has good liquidity in EUR and lei as well. BCR did not and does not receive from the mother-bank any request for early repayments of parent loans" Wolfgang Schoiswohl pointed out.
In fact, BCR enjoys the largest and strongest financing base available on the Romanian market.
In the last quarter of 2008 the balance of loans granted by BCR marked a development above the banking system average, thus the bank recorded in November 2008 increased market shares on both retail lending segment (+ 0,5%), and the corporate one (+0,4% compared to September).
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