Treichl: BCR Will Continue To Finance Romanian Economy
Banca Comerciala Romana (BCR) will continue to support the Romanian economy, whose future depends also on the growth of its largest lender, said Adreas Treichl, chief executive of Austrian Erste Bank Group AG (EBS.RO), majority owner of BCR.
“Erste, through BCR, is the largest lender in the country and we are just in the process of increasing our investment in Romania. It is 100% clear that BCR wants and will continue to finance the Romanian economy,” Treichl told Mediafax by phone.
“Romania’s future is very closely linked also to the future of BCR,” he added.
Treichl said BCR is well capitalized and the Austrian central bank’s planned measures to curb lending in central and eastern Europe should not affect Erste’s development plans in Romania.
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