BCR CHISINAU: “AVANTAJ BCR”: A special financial solutions for moldovan small and medium enterprises

BCR CHISINAU: “AVANTAJ BCR”: A special financial solutions for moldovan small and medium enterprises

• 05.05.2011

Chisinau, May 3 2011. BCR Chisinau launches a new package of services for Small and Medium Enterprises (SME) - “Avantaj BCR”. The package includes financial and banking services that are vital for a company, with optimized banking operations, provided at substantially lowered prices. 

Thus, the SMEs that would opt for AVANTAJ BCR package during 1 May – 31 July 2011 will benefit of facilities, such as: zero commission for opening a current account and accessing Internet Banking service; zero commission for current account maintenance and using Internet Banking service during 1 May – 1 September 2011; zero commission for transferring salaries on card accounts during 1 May – 1 September 2011; 20% discount for tariffs and commissions for services included in the package after 1 September 2011.

”In order to save time and money in performing transactions, SMEs require modern solutions that would allow them to lower costs, conduct banking operations right from the company’s office and optimize payments to suppliers and staff. These are the rationales BCR Chisinau comes with a new solution for implementing development plans – AVANTAJ BCR package. The new offer is part of BCR Chisinau strategy to help customers in achieving their aspirations”, Sergiu Sahanovschi, Corporate Banking Executive Director, BCR Chisinau S.A., said.

AVANTAJ BCR package includes financial and banking services as follows:

·   Current account and related services: receipts and payments in cash and by wire transfer in a fast, efficient and fully secure way; simple and handy operation instruments.

·    Internet banking service: is continuously accessible, at any time (24hours a day), any day of the week (including days off), directly accessed via www.bcr.md and allows for making banking operations electronically - is a flexible, efficient and secure service.

·  Salary project: provides payment of salaries on cards (at least 10 employees), at low costs for transactions, which allows time saving for processing payments and facilitating employees’ access to overdraft credits on the salary card is facilitated.

Not lastly, for supporting the development of the SMEs, BCR Chisinau offers special finance solutions. Crediting conditions for SMEs are tailor made depending on the business plan, financial standing and the guarantees pledged. Thus, BCR Chisinau offers the following finance solutions for SMEs:

·         Credits for stocks of up to 1 year for financing seasonal expenses;

·         Crediting line of up to 1 year (3 years for SMEs with good financial standing), with the possibility of multiple withdrawals and reimbursements;

·         Credits for energy efficiency investments within the EBRD crediting line of up to 5 years with up to 20% of the investment value as grant;

·         Credits for long term investments with a grace period of up to 1 year (could be extended to 3 years for SMEs with good financial standing).

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.