BCR inks loan contracts worth EUR 420 million within the First Home program

Banca Comerciala Romana (BCR) signed over 10,000 loan contracts as part of the national First Home program, with granted sums exceeding EUR 420 million.

Within the first stage of the First Home program, the average value of a loan contract granted by BCR amounted to about EUR41, 200 while 1,550 loan contracts were signed for the maximum permitted value of EUR 57,000.

Out of the total 10,000, more than 3,000 contracts worth over EUR 150 million were signed in capital Bucharest and about 2,000 loan contracts worth over EUR 70 million were signed in Transylvania, central Romania.

BCR joined the First Home program in August 2009.

Simona Bazavan

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