In 1990, Banca Comerciala Romana (BCR) was established by taking over the commercial business of the National Bank of Romania (NBR). That moment marked the starting point of the new banking system creation in Romania. BCR has initially been focused on the corporate sector but in the recent years it has strongly developed its retail activities becoming the leader of this market sector as well.
BCR, member of Erste Bank Group, is today the most important Romanian financial group, with diversified domestic and international activities via subsidiaries and agencies, being an outstanding player of the capital, leasing, insurance and asset management markets through the specialised companies of the BCR Group. BCR owns domestic subsidiaries to cover the main non-banking financial services, namely insurance, leasing, asset management and brokerage.
This ensures a better satisfaction of customers’ demands and positions BCR well as the banking environment consolidates. BCR owns also banking subsidiaries in London – The Anglo – Romanian Bank Limited, having a EUR 100 million share capital and branches in Frankfurt and Bucharest - and in the Republic of Moldavia - BCR Chisinau Branch, as well as a representative office in Moscow. BCR is the leading bank in Romania, managing assets of almost EUR 12 billion.
The bank has 473 branches and agencies throughout the country, with outlets in most towns and cities with over 10,000 inhabitants. The bank provides its customers with Internet banking, mobile banking and e-commerce services, has 22 types of debit and credit cards and owns the largest domestic ATM network – over 1,300 ATMs and 9,800 points-of-sale terminals. One of the corner stones supporting BCR excellence is represented by the highly trained and devoted staff, committed and involved in all bank’s businesses and activities.