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Economic

Romanian BCR BpL Deposits At RON800M In December 2011, Up 85% On Year

Romanian lender BCR Banca pentru Locuinte (BCR BpL) had more than 250,000 clients at the end of 2011, cumulating deposits of over 800 million lei (some EUR185 million), up 85% on the year, the bank said Tuesday.

Bogdan Neagu · 24 ianuarie 2012 · 1 min de citit

BCR BpL is the housing lending unit of Romania’s largest bank BCR.

The institution was founded in April 2008 and started activity in July that year. Shareholders are BCR, with 80%, and S Bausparkasse der oesterreichischen Sparkassen, the savings-lending unit of Austrian group Erste, with 20%.

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