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Romania’s BCR Launches Products, Services To Help Implement EU-Funded Projs

Romania’s largest lender by assets Banca Comerciala Romana, or BCR, launched several products and services to implement projects using non-reimbursable European funds, the bank said Thursday.
Romania’s BCR Launches Products, Services To Help Implement EU-Funded Projs
14 aug. 2008, 11:26, English

BCR launched pre-financing and co-financing loans, guarantees, bank accounts and consultancy to help implement projects in sectors such as agriculture, competitiveness, infrastructure, tourism and fishing.

Projects are unfolded under the National Rural Development Program, the Operational Economic Competitiveness Program, the Regional Operational Program and the Fishing Operational Program.

"BCR’s offer is very flexible and products and services in the package may be accessed either fully or partially. (…) All necessary information is available at EU Office BCR units," Ramona Ivan, executive manager of the bank’s financial institutions department, said in a statement.

BCR, member of Austria’s Erste Group, has assets exceeding EUR17.5 billion.