BCR Chișinău

BCR Chișinău

Type	Private
Founded	1998
Headquarters	Chisinau, Republic of Moldova
Key people	Juan Luis Martin Ortigosa, Chief Executive Officer, CEO Natalia Codreanu, Executive Director Sales and Business Development
Products	Commercial banking, Investment banking, Private banking, Asset management
Total assets	1 billion MDL (2013)
Website	www.bcr.md

BCR Chișinău is a subsidiary of Banca Comercială Română (BCR) in the Republic of Moldova, member of Erste Group. BCR Chișinău is one of the first foreign capital owned banks in Moldova, which is a member of an international financial group.

Profile

BCR Chișinău started its activity on October 22, 1998 as a universal bank serving both companies and individuals, with a shareholder's capital of 24 million MDL, which was increased further to 663 230 000 MDL. Bank network comprises 2 branches and 40 ATMs located in Moldova. BCR Chișinău serves more than 19 thousand clients. The unique shareholder of BCR Chișinău is Banca Comercială Română, the biggest financial institution in Romania by total assets, loans and deposits portfolio.

Business lines

For individual persons, BCR Chișinău offers current account services, saving instruments, cards and attached services, currency transfers, utility payments, foreign exchange, escrow service.

For businesses and organizations, BCR Chișinău offers financing solutions, investment instruments, trade finance, cross-border products, current operations, cards and attached services, Internet Banking, products for SMEs, forex operations, forward on exchange rate, escrow account.

Bank management

The highest governance body in BCR Chișinău is the Supervisory Board, the Chairman of the Board being nonexecutive in BCR Chișinău.

BCR Chișinău management is organized on two levels: executive management – Executive Committee, formed of 3 executive members and supervision – Supervisory Board, formed of 3 members, nonexecutives (are not involved in current company decisions).

The Executive Committee reports to the Supervisory Board is informs periodically about decisions taken. Bank strategy, including Social Responsibility strategy is approved by the Supervisory Board at the proposal of the Executive Committee.

References

1. http://www.bnm.md/md/list_licensed_banks_md

2. http://www.bancamea.md/banks/bcr

3. http://www.banks.md/banks/bcr-sa.html

4. http://www.securities.com/Public/company-profile/MD/BCR_CHISINAU_ro_3509209.html

Notes

1. http://www.publika.md/bcr-chisinau-in-parteneriat-cu-asociatia-businessului-european_947481.html

2. http://www.publika.md/bcr-chisinau-sustine-ideile-de-afaceri-inovatoare_933081.html

3. http://www.bizmedia.md/Banci/BCR-Chisinau-ofera-credite-cu-garantii-din-partea-statului.-VEZI-AICI-cum-e-posibil.html

4. http://www.european-times.com/sector/finance-consulting/bcr-chisinau/