Hundreds of staff of Erste Banks Romanian subsidiary took to the streets in Bucharest today (Fri) to demonstrate against the loss of certain rights in a controversial new labour contract proposal.Banca Comerciala Romana (BCR) unionists who represent 75 per cent of the banks employees accuse the financial institutes executive board of having an […]
Banca Comerciala Romana (BCR) CEO Dominic Bruynseels has appealed to Romanian leaders to increase their efforts to fight black market activities.The former Barclays Bank official said yesterday (Weds) the mortgage sector was “still at risk” due to the current situation in the Eastern European country which has been badly hit by the economic crisis. He […]
Austrian Erste Group’s Romanian subsidy Banca Comerciala Romana (BCR) had a decline of 26.4 per cent in net profit in the first quarter of this year, according to company data released today (Fri).Net profit amounted to 58.7 million Euros, down by around 26.4 per cent compared to the first quarter of 2009.The reason was much […]
Austrian Erste Group’s subsidiary Banca Comerciala Romana (BCR) announced it has dropped the early repayment fee for newly contracted bank loans if they are without guarantees and with variable interest.It is the first bank on the Romanian market that announces the move after the Romanian government earlier this week said it would impose a European […]