BCR Chisinau increases its capital stock

BCR Chisinau increases its capital stock

• 23.11.2011

Chisinau, 23 November 2011 - Extraordinary General Meeting of Shareholders of BCR Chisinau S.A., held on November 1, current year, adopted the decision on additional issue of securities of the bank.

Thus, the shareholder’s capital of Romanian Commercial Bank Chisinau JSC (BCR Chisinau S.A.) will be increased through additional closed issuing of 6483 ordinary nominative shares of I class, the nominal value of one share being of 10000 (ten thousand) MDL. The order number of additional issue of securities of that class is XI. The additional issue of shares was approved by the National Commission of Financial Market, and will be completed by December 31, 2011.

“This decision demonstrates that BCR and Erste Group maintain their commitment towards the local market, which proved an above-average growth potential”, stated Dominic Bruynseels, Chairman of the Supervisory Board of BCR Chisinau SA.

As a result of additional issue of shares, the share capital of BCR Chisinau SA will increase from 562.750.000 MDL up to 627.580.000 MDL. The total number of securities after the additional issue will be 62758 shares, owned 100% by Banca Comerciala Romana S.A.

“The capital increase enhances our strength to more vigorously implement our development strategy focused on supporting viable businesses, providing financial solutions for population and active participation of BCR Chisinau in social and economic development of the Republic of Moldova. With the support of the group to which we belong, we will continue bringing innovative products on the local market, convenient and accessible, which help our clients achieve their aspirations”, stated Sorin Andrei, Executive President of BCR Chisinau S.A.

According to the results of the third quarter of 2011, total assets of BCR Chisinau S.A. made up 1 195 844.4 thousand lei, the credit portfolio increased to 656 858.7 thousand lei, while the deposit portfolio made up 803 619.1 thousand lei. During the first 9 months of the current year, BCR Chisinau S.A. registered a net profit of 422.8 thousand lei. The total number of customers exceeded the figure of 15 thousand of individuals and companies as of September 30, 2011, representing a 30% increase as compared to the end of 2010.

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Banca Comerciala Romana Chisinau S.A:

BCR Chisinau S.A. started its operations in Moldova as a universal bank on 22 October 1998, with a registered capital of MDL 24 million, which increased over the years, currently reaching up to MDL  562,750,000. The bank’s network comprises 4 subsidiaries and 38 ATMs, which serve over 15,000 customers, both individuals and legal entities. BCR, a member of Erste Financial Group, Austria, is the sole shareholder of BCR Chisinau S.A.

Banca Comerciala Romana:

BCR is a leader on the Romanian financial service market, its assets exceeding EUR 17.5 billion as of 30 June 2011. It is the bank No. 1 by the number of its customers – over 3,7 million retail and corporate clients, and the bank No. 1 in lending and savings.

Erste Group:

A leading financial service provider in the Central and Eastern Europe. Its over 50,000 employees serve over 17 million customers in 3,200 subsidiaries in 8 countries (Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia and Ukraine). As of 30 June 2011, Erste Group’s assets totalled EUR 214 billion.

For additional information, please contact BCR Chisinau S.A.:

Marketing, Communication and Community Department

60/2, Puskin street, MD-2005, Chisinau

Tel. +373 (22) 265 098; +373 (22) 265 097

Fax. +373 (22) 265 002; +373 (22) 852 002

E-mail. vitalie.arvinte@bcr.md

 BCR Chisinau majorare de capital RO.doc

BCR Chisinau majorare de capital RU.doc

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.