“It will be proposed the allotment of 40% of net profit for dividends, in compliance with the privatization contract, which accounts for 813 million lei”, said Ciurezu, vicepresident of FIC Oltenia.

BCR group reported last year a net profit after taxes and payment of minority interests of 2.03 bln lei (541 mln euros), driven mainly by the sale of stake in Asiban, Banca Italo-Romena and insurance activities.

BCR’s total assets rose by 9% last year, up to 69.08 bln lei on December 2008, from 63.36 bln lei a year earlier.

BCR’s majority shareholder is Erste Bank with 69.3063% stake of the share capital, while the five financial investment companies hold a combined 30.1175% share.