BCR: Erste did not request early repayment of parent loans

BCR did not and does not receive from the mother-bank any request for early repayments of parent loans, as the bank’s activity clearly indicates the bank has good liquidity in EUR and lei as well and still has the capacity to provide financing for business projects, said Wolfgang Schoiswohl, Advisor to the Management Board of BCR for corporate business line.

,,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.

Banca Comerciala Romana (BCR) is acting towards offering a real support to its customers, “ensuring an adequate risk management aimed at protecting the customers themselves, the bank and its shareholders”.

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), reads the press release remitted by the lender.

On the other hand, the loan volume granted by Banca Comerciala Romana in the last quarter of 2008 nosedived considerably, by approximately 60%, after the introduction of the new lending regulation by BNR, said Sorin Mititelu, retail director at BCR, earlier this week.

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