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Banca Comerciala Romana SA

Summary

Company ID (NIN)

361757

Company owner / manager

  • Others
  • Erste Group Bank AG

Country

Romania

Capital

2,952,565,000

Total assets

79,538,233,000

Net profit for the period

779,958,000

Report year

2020

Currency

RON

Industry

Banking

General information

About Banca Comerciala Romana SA

Banca Comerciala Romana SA (BCR SA) is a Romanian universal commercial bank, part of the Austrian Erste Bank Group. It ranked second in terms of net assets in the country in 2020, according to the National Bank of Romania.


Last updated on July 28, 2021.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Dec. 1, 1990
NIN
361757
Tickers
BCR26
Stock Exchange
Bucharest Stock Exchange
ISIN
ROEAZVK5DFP8
Profile last updated
Aug. 12, 2021, 3:31 p.m.
Alternative names

    Banca Comerciala Romana JSC
    BCR SA
    BCR Group

History

    Dec 1, 1990 - The Romanian government establishes Banca Comerciala Romana (BCR) SA to take over the commercial banking activities of the National Bank of Romania. BCR SA is granted a full banking licence by the National Bank of Romania.

    1998 - BCR SA sets up the Moldovan subsidiary BCR Chisinau SA.

    2000 - BCR SA acquires a 100% stake in the UK-based bank Anglo-Romanian Bank Ltd.

    Nov 4, 2003 - Romania's privatisation authority APAPS (now AVAS) initiates the privatisation of BCR SA by selling joint 25% plus two shares in the bank to the European Bank for Reconstruction and Development (EBRD) and World Bank's arm International Finance Corporation (IFC) for a combined USD 222 mln. Later, AVAS sold another 8.0% of BCR SA shares to bank employees.

    July 16, 2005 - The Romanian Government invites bidders in the tender for the privatisation of up to 62% in BCR SA.

    Dec 21, 2005 - AVAS sells 61.88% in BCR SA to Austrian bank Erste Bank der Oesterreishischen Sparkassen AG for some EUR 3.75 bln.

    December 2006 - Erste Group buys another 7.27% in BCR SA, increasing its stake to 69.15%.

    2011 - Erste Group Bank AG (Erste Group) acquires a 14.5% stake in BCR SA through the issue of 12,300,878 new shares and a 4.0% stake in the bank against a cash payment of RON 380.7 mln.

    June 2012 - Erste Group increases its ownership in BCR SA to 93.27% from 93.04% or by 34.5 million shares following another share purchase offer to minority shareholders in the bank, other than Romania's regional investment funds, the SIFs.

    Dec 31, 2016 - Banca Comerciala Romana SA takes over its subsidiaries Bucharest Financial Plazza SRL and BCR Real Estate Management SRL. Financiara SA is liquidated.

    Aug 16, 2018 - The Romanian investment fund SIF Oltenia sells a 6.29% stake in Banca Comerciala Romana to the Austria's Erste Group for EUR 140 mln.

    Dec 19, 2019 - Banca Comerciala Romana SA lists bonds on the Bucharest Stock Exchange.


    Last updated on July 28, 2021.

Management

Contacts

Address
159, Plevnei Str.
033041
Sector 3, Romania
Telephones

+40 21 407 42 00
+40 800 801 227
+40 373 515 216
+40 21 310 02 45

Fax

N/A

Emails

bcr@bcr.ro
contact.center@bcr.ro
investor.relations@bcr.ro

Websites
www.bcr.ro

Ownership

Name Direct holding Indirect holding Owner type Country
Others 0.12 Other
Erste Group Bank AG 99.88 Company Austria

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
BCR Chisinau SA 100.0 Moldova
BCR Banca Pentru Locuinte SA 99.99 Romania
BCR Payments Services SRL 99.99 Romania
BCR Pensii SA 99.99 Romania
Suport Colect SRL 99.99 Romania
CIT One SRL 33.0 Romania
BCR Fleet Management SRL 99.97 Romania
BCR Leasing IFN SA 99.97 Romania

Products and services

Banca Comerciala Romana SA provides services to:

  • Individual clients:
    • Loans, including consumer and mortgage, as well as overdrafts;
    • Credit and debit cards;
    • Deposits;
    • Current and saving accounts;
    • Money transfers;
    • Currency exchange;
    • Online banking;
    • Mobile consultancy and banking services;
    • Personal safes and safety deposit boxes.
  • Small and medium enterprises and corporate clients:
    • Loans, including investment and working capital loans, capital and money market financing;
    • Deposits;
    • Debit and credit cards;
    • Current and saving accounts;
    • Money transfer;
    • Documentary services;
    • Online banking;
    • Mobile consultancy and banking services.
  • Institutional clients:
    • Financing to municipalities;
    • Financing to EU programmes and projects;
    • Credit and debit cards;
    • Accounts;
    • Online banking.

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