BCR to secure €10 million with new products

Lender Banca Comerciala Romana, the largest local bank in terms of assets, is to launch a new product each month by the end of the year. The first one, a deposit in lei and euro, is set to bring BCR some €10 million, according to bank officials. BCR's executive business development manager and retail products, Sorin Mititelu, said some of the money could come from transfers.

The structured deposit in lei and euro is designed especially for private banking clients, but is available to clients that can place €1,000 for six months at 8 percent a year interest.

On the other hand, BCR Leasing launched a Real estate leasing offer for small and medium companies, with a minimum threshold of €100,000 in financed value and up to 15 years maturity. The product allows financing of residential projects, production halls, hotels, malls, warehouses and in-city plots of land.

Business Standard