For BCR, as leader of the Romanian banking system and as member of Erste Group, corporate governance represents a key element of its business success. BCR meets the expectations of its stakeholders through an integrated system of values, principles, and rules which secures its responsible, transparent and specific operation.
Nowadays, in order to face challenges and make the most of the competitive advantage gained during its over 20 years of experience, BCR is repositioning itself and its objectives as regards corporate governance are mainly focused on:
- responding to the latest changes
- strengthening stakeholders’ confidence
- accelerating the decision-making and execution process
- clearly defined and conveyed corporate governance processes and capabilities
- improved risks management
- alignment to the legal and Group requirements and standards.
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