More than EUR 475 ml made available in EU funding via BCR over Jan - May

In the first five months of the year, Banca Comerciala Romana - BCR has disbursed over EUR 475 million (RON two billion plus, for an exchange rate of RON 4.21 lei for 1 euro) in financing and co-financing to projects that qualify for EU funding, executive director of the BCR Financial Institutions Division, Ramona Ivan, told a conference on Wednesday. 'This is a roughly 40 pct growth from the same period last year. We'd say that 2011 outlooks are far better, both in terms of our ...

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