Company Overview of Banca Comerciala Romana S.A.
Banca Comerciala Romana S.A., together with its subsidiaries, provides banking and other financial services to governmental institutions, and corporate and individual clients in Romania and internationally. The company offers retail banking products and services, such as lending products comprising consumer loans, vehicles purchase, personal needs, mortgages, overdrafts, and credit cards and funds transfer facilities; savings and deposit products; payment services; and securities business to individuals and micro clients. It also provides corporate banking services, including loans and other credit facilities, deposits, current accounts, cash management, foreign commercial business, leasing,...
5, Regina Elisabeta Boulevard
Founded in 1990
Key Executives for Banca Comerciala Romana S.A.
Chairman of Management Board and Chief Executive Officer
Chief Financial Officer, Financial Executive Vice President and Member of Management Board
Chief Operating Officer, Executive Vice President and Member of Management Board
Chief Risk Officer, Executive Vice President and Member of Management Board
Executive Vice President of Retail & Private Banking and Member of Management Board
Compensation as of Fiscal Year 2016.
Banca Comerciala Romana S.A. Key Developments
Banca Comerciala Romana Announces Consolidated Earnings Results for the Year 2016
Feb 28 17
Banca Comerciala Romana announced consolidated earnings results for the year 2016. For the year, the company reported consolidated net profit attributable to owners of the parent of RON 1.04 billion, up 14% year-on-year, supported by new clients and improvement of the quality of its portfolio. The operating profit of Romania's bank by assets fell 16.9% to RON 1.29 billion, as a result of lower operating income coupled with higher investment, mainly in IT infrastructure. Operating income declined 6.7% to RON 2.86 billion, mainly reflecting a drop in net interest income and slightly lower net fee and commission income. Net interest income fell by 10.3% to RON 1.78 billion, mainly on the back of continued NPL portfolio resolution, efforts to price competitively in the market and a low interest rate environment.
Banca Comerciala Romana S.A., Annual General Meeting, Jan 27, 2017
Dec 22 16
Banca Comerciala Romana S.A., Annual General Meeting, Jan 27, 2017, at 11:00 E. Europe Standard Time. Location: no.15 Calea Victoriei, Sector 3 Bucharest Romania Agenda: To consider budget 2017 BCR and BCR Group; to consider nomination of financial external auditor of BCR for the year 2017 and the minimum duration of the contract; and to consider miscellaneous.
Banca Comerciala Romana S.A., Special/Extraordinary Shareholders Meeting, Nov 23, 2016
Nov 21 16
Banca Comerciala Romana S.A., Special/Extraordinary Shareholders Meeting, Nov 23, 2016, at 13:00 E. Europe Standard Time. Location: Bucharest, 15 Calea Victoriei Avenue District 3 Romania Agenda: To consider the final approval, according to provisions of art. 246 of Companies Law no. 31/1990, republished, regarding the merger through absorbtion of BCR SA, in its capacity as absorbing company; to approve the effects generated by the merger operation; to approve the actual date of the merger, namely of the fact that the merger will become effective as of December 31, 2016; to approve the updated BCR SA Charter, which will enter into force at the actual date of the merger; to empower the members of the management board of BCR SA ; and to discuss the other related matters.
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