OREANDA-NEWS. Banca Comerciala Romana S.A. offers more advantageous loans for legal entities starting with February 1, the interest rates being reduced for both MDL and foreign currency credits.

Thus, companies intending to get loans starting with February 1st, 2011 will benefit from the new interest rates. The new BCR Chisinau’s credit policy dedicated to legal entities aims first of all to support companies with high financial standards, as well as the viable business projects.

"Reducing interest rates on loans for legal entities represents the result of actions developed by BCR Chisinau aimed at supporting the local businesses. We are a trusted partner to our customers, whom we want to help grow their business. It is to mention that BCR Chisinau mainly stimulates the projects in the fields of industry, trade and services," said Mr. Sorin Andrei, Executive President of BCR Chisinau.

Thus, on the loans for the legal entities, BCR Chisinau reduced the standard interest rate by 2 percentage points for the credits in MDL and by 1.5 percentage points for the credits in foreign currency. The interest rates are negotiable, depending on lending term and the feasibility of the business projects to be financed.

BCR Chisinau offers a wide range of financing solutions for economic entities, as follows:

- Loans for stocks financing, up to 2 years

- Credit lines for current activity financing, up to a year

- Investment loans, up to seven years

Corporate Customers Relations Managers are disposed to offer individual consultations for the optimal solution’s identifying for each client.

Banca Comerciala Romana Chisinau S.A.:
BCR Chisinau S.A. started its activity in Moldova as a universal bank on October 22, 1998, with a registered capital of MDL 24 million, which was increased over the years, currently reaching up to 562.750.000 MDL. The bank’s network comprises around 5 sales outlets and 34 ATMs, which serve a portfolio of over 11,000 customers, both individuals and legal entities.
Sole shareholder of BCR Chisinau S. A. is BCR, member of Erste Financial Group, Austria.

Banca Comerciala Romana:
BCR is the leader on the financial services market in Romania, with assets exceeding EUR 16 billion on June 30, 2010. It is the No. 1 bank according to the number of customers - more than 4.6 million retail and corporate clients - and No. 1 bank in lending and saving.

Erste Group:
Is a leading provider of financial services in Central and Eastern Europe. More than 50.000 employees serve over 17 million customers in 3.000 subsidiaries in 8 countries (Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia and Ukraine). On June 30, 2010, Erste Group held total assets worth EUR 209 billion.