Bucharest, 26 October 2015 – 15,000 customers have already signed the offer of Banca Comercială Română (BCR) to reduce their monthly installments, by an average of 20%, as part of the Scade rata (Cut your installment) campaign.

The number of customers that accept and sign our offer for reduced interest rates is rapidly increasing, but we are willing to boost the efforts of our advisors in the BCR branches so as to promptly respond all requests”, stated Dana Demetrian, Vice President Retail&Private Banking, BCR.

The customers who have accepted the BCR offer so far have saved, in average, for the remaining term of their loan, EUR 12,500.

“We were pleasantly surprised, because we had lost our hope to overcome our situation of several years. This offer is definitely helpful. We appreciate the support we received and we are hoping for a better collaboration in the future”, say the David family (Bogdan Dumitru and Lucia Elena) who benefitted from the reduction of their monthly installment by EUR 130.

“I accepted the offer pretty quickly, after a discussion with the bank advisor. My installment was reduced by 27.49%, which is a considerable amount” (Maria Oprescu, BCR customer who benefitted from a reduction of her monthly installment by EUR 300).

“It was an unexpected offer, I was happy to hear of it. I appreciate the bank’s efforts to improve its relationship with its clients” believes Daniela Tulbure, a BCR customer who benefitted from a reduction of her monthly installment by EUR 55.

BCR’s offer still stands, and it offers its customers who have mortgage loans the opportunity to benefit from a fixed interest rate of 4.95%/year for a period of 5 years and 5.45% for a period of 10 years, and customers who have personal loans with mortgage, an interest rate of 5.95%/year for the fixed interest rate for a 5 year period and 6.45%/year for the fixed interest rate for a 10 year period. After such period, the interest rate shall be calculated as 6 Months ROBOR/EURIBOR/LIBOR + 3%, or +4%, respectively, for customers with real estate security agreements.

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 (€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 devoted to corporate clients, and 509 retails units located in most communities inhabited by at least 10,000 citizens in order 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, Croatia, Hungary, Romania, Serbia and Slovakia) assist 16.2 mn. 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 of 2015. First-ranking common equity index (Basel 3 implemented partially) has improved to 10.2%.

BCR – External Communication 

Alina Daneasa, e-mail: alina.daneasa@bcr.ro

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


Email: contact.center@bcr.ro

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