2015 28 MAY
Press release BCR will provide cash management services for OMV Petrom

As of this year, Banca Comercială Română (BCR) will make available to OMV Petrom Group a large range of customised products and services for cash management and trade finance. The cash management services include cash collection, cash pooling, payments and receipts.

The offer of BCR Group covers operations of OMV Petrom Group in Romania, as well as in the Republic of Moldova.

“This agreement creates the basis of a long-term strategic partnership between BCR and OMV Petrom Group. This operation is a landmark for corporate operations, thus affirming the leadership position of BCR and Erste Group in this part of Europe”, said Sergiu Manea, Vice-president of BCR Corporate & Markets Executive.

In this manner, through its abilities, BCR creates trends on the Romanian banking market, providing its customers, whatever their size, with a wide range of cash management products and services adjusted to both the needs and the industry particularities. By accessing these banking products, where BCR excels, the bank’s customers become more competitive in their business relationships by streamlining the financial resources they use.

Banca Comercială Română (BCR), a member of Erste Group, is the most important financial group in Romania, providing universal banking operations (retail, corporate & investment banking, treasury and capital markets), and covering specialty companies working on the leasing market, private pensions and housing banks. BCR is Romania’s No. 1 bank in terms of asset value (over €14.4 bn.), in terms of client base and in terms of savings and crediting. BCR is also Romania’s most important financial brand, judging by the client trust rate and by the number of persons who consider that BCR is their main banking partner.

BCR uses a network of 22 corporate business centres and 23 mobile offices dedicated to corporate clients, and 509 retails units located in most communities inhabited by at least 10,000 citizens to provide a full range of financial products and services. BCR is Romania’s No. 1 bank running on the banking transactions market, since BCR customers have the largest ATM network at their disposal – nearly 2,000 ATMs and 13,500 POS terminals enabling customers to use their cards for shopping purposes, as well as the complete Internet banking, mobile banking, phone-banking and e-commerce services.

Erste Group is one of the main suppliers of financial services in Eastern European Union. About 46,500 bank officers working in 2,800 branches in seven countries (Austria, the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia) assist 16.2 million customers. Erste Group reported a total asset pool worth €202.6 bn. and a 56.1% cost-to-income ratio at the end of Q1 2015. First-ranking common equity index (Basel 3 implemented partially) was maintained at 10.2%.

BCR – External Communication 

Cezar Marin, e-mail: cezar.marin@bcr.ro

For more details about the products and services provided by BCR, please use one of the coordinates below to contact us:

InfoBCR 

Web: www.bcr.ro

Email: contact.center@bcr.ro

Telverde: 0800.801.BCR (0800.801.227), toll-free from all national networks.

Twitter: @infoBCR

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