BCR: Banca Comerciala Romana Chisinau S.A. welcomes its customers at the new headquarter

BCR: Banca Comerciala Romana Chisinau S.A. welcomes its customers at the new headquarter

• 30.04.2010

CHISINAU, April 29, 2010. - Banca Comerciala Romana Chisinau S.A. - the subsidiary of BCR Romania, leading bank in Romania and member of the Austrian Erste Group - has inaugurated today its new headquarters, which is located in one of the newest and most modern business centers of the capital of the Republic of Moldova.

The official launch ceremony was honored by the participation of the Moldovan central authorities, representatives of the diplomatic and business environment and international financial institutions, together with the leadership of BCR Chisinau. The event enjoyed the presence of BCR (Romania) Executive President, Mr. Dominic Bruynseels.

During the speeches, held on the occasion of the inaugural ribbon cutting, and the subsequent informal discussions, the participants stressed out Moldova’s development opportunities and the important role of banks, which support its clients, as well as the entire economy, having strong knowledge in market mechanisms and a vast international experience.

“The inauguration of the new headquarters is part of the development plan of BCR Chisinau. The location in a modern building reveals BCR Chisinau’s desire to be at the level of its customers’ expectations. The professionalism, integrity and the costumer-oriented and high-quality attitude of the employees are the values that propel us to the leaders’ niche of the financial and banking market of Moldova”, Mr. Sorin Andrei, Executive Chairman of BCR Chisinau stated.

“Our strong market position is due to a balanced business model, a good liquidity, consistent credit policy, a large portfolio of clients and the support from the parent bank Erste Group. All these offer the opportunity to sustain our clients in developing their businesses in the harsh conditions of the economy. We have the required capabilities for high performance and we will continue to focus on improving our clients’ service and the operating mode. BCR Chisinau will continue to expand its portfolio of activities by offering to its customers from Moldova the right solutions for their needs”, Mr. Dominic Bruynseels, Chairman of the Supervisory Council of BCR Chisinau and Executive President of BCR stated.

BCR Chisinau new headquarters is located in the downtown of the capital, on 60/2 Pushkin Str., in an A Class building, with a unique architecture. The building offers a generous workspace, equipped with standards and facilities that allow proper development of operations for individuals and legal entities, as well as the professional consultancy for clients. These standards will allow a more personal approach towards the customer and the strengthening of the relationship with each client, in order for them to benefit of the best solutions for their business prosperity and gratification of the savings and financing needs.

Banca Comerciala Romana Chisinau S.A. comes on the banking market of Moldova with a new development strategy. The main directions are to increase clients’ service quality, continuous innovation of the products and services based on deep knowledge of clients needs, further widening of the network of subsidiaries and offices, as well as the consolidation of its leadership in promoting business relations with Romanian and European partners.
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Banca Comerciala Romana Chisinau S.A.:
BCR Chisinau S.A. started its activity in Moldova as an universal bank on October 22, 1998, with a registered capital of MDL 24 million, which was increased over the years, currently reaching up to 342.750.000 MDL. The bank’s network comprises around 10 sales outlets and 40 ATMs, which serve a portfolio of over 5,000 customers, both individuals and legal entities.
Sole shareholder of BCR Chisinau S. A. is BCR. In 2006, the majority stake of the Romanian Commercial Bank S. A. was acquired by Erste Financial Group, Austria.
For more information, please visit the website: www.bcr.md
For contacts: InfoBCR Chisinau, tel. (+373) 22 265 555

Banca Comerciala Romana:
BCR is the leader on the financial services market in Romania, with assets exceeding RON 64.5 billion (EUR 16 billion) on December 31, 2009. It is the No. 1 bank according to the number of customers - more than 4.6 million retail and corporate clients - and No. 1 bank in lending and saving - over 22% and respectively 21% of the market share.

Erste Group:
Is a leading provider of financial services in Central and Eastern Europe. More than 51.000 employees serve over 17 million customers in 3.000 subsidiaries in 8 countries (Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia and Ukraine). On December 31, 2009, Erste Group held total assets worth EUR 201.7 billion, registering a net profit of EUR 903.4 million, and a ROE - of 9.1%.

Banca Comercială Română Chişinău

Banca Comerciala Română Chişinău S.A. is a universal commercial bank, established in the Republic of Moldova on October 22, 1998. The single shareholder of the bank is BCR SA, the leading banking organization in Romania; member of Erste Group, one of the largest financial providers in Central and Eastern Europe.