The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.
Sitemap | Feedback | Doing Business in Romania report | Opening a Business in Romania | RSS for this Blog
Saturday, January 21, 2006
Even though they have been defeated in the race for BCR (Romanian Commercial Bank), Banco Comercial Portugues (BCP) may launch a bank from scratch in Romania.
Still, BCP's interest in Romania does not look towards the comming Romania savings bank, CEC. BCP's chairman quoted it as being "out of the question".
In my opinion, one of the reasons for BCP's interest in Romania might be the powerfully emerging real-estate market, as BCP is comming with a very good experience from the Portugese market.
In Romania, there are about 1.5 new houses per 1000 inhabitants, while in Portugal the figure is much higher, about 10.5 new houses/1000 inhabitants. So, comming from such a strong real estate market, I would not be surprised for BCP to offer highly competitive real-estate financing options in Romania.
We'll have to wait and see.
Posted by Mihai Botea : 1/21/2006 09:11:00 am
06/01/2004 - 07/01/2004
The Music Blog
Phone prices to decrease
Google not on top 100?
Spam and Anti Spam
Mass SMS bring EUR 5 milion to operators
Welcome Back, Mihai
Christmas in Maramures
BCR goes to ERSTE
Great Band, Great Album
Publications & Media
This website is proud to be designed by Mihai Dragan
I usually listen to THIS kind of music.