Petrescu, BCR: We're waiting for demand to pick up - financiare.ro
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News » March, 2011 » 9 March 2011

Petrescu, BCR: We're waiting for demand to pick up
09.03.2011, 21:57 | Finance-Banks | 557 views



BCR, the biggest bank on the market, will strongly re-tap into the consumer lending and credit card markets only as it sees there is demand, since it is not interested in participating in the shaping up of an unhealthy market, states Oana Petrescu, retail executive vice-president.

"We do not want to create artificial demand as it would be highly risky. When we see more confidence among clients, more job security, we'll be ready to come up with our products".

Last year, BCR retail counted on selling guaranteed mortgages through the First Home scheme, which does not involve any risk for the bank, reaching a portfolio of over half a billion euros.

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