Short Analysis of Romanian Banking Sector After BCR Privatization
Gaviletea Marius
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Gaviletea Marius: Faculty of Business
Interdisciplinary Management Research, 2007, vol. 3, 181-190
Abstract:
„The greatest problem of Romanian companies’ privatisation appeared in the moment the Govern decided to privatizate Romanian Commercial Bank – the largest one in Romania. In this paper we devate the privatisation strategy, and analyze the benefits of all involved parts at this transaction. It is described the privatisation process, and the criteria token into account. After this very successfull privatisation major changes appeared on the Romanian Banking market.also we analyze others bank strategy towards this privatisation, and the BCR’ employees benefits. Also in this transaction were involved some financial Romanian institution S.I.F.(explained in the paper) and we analyze their strategy in selling theirs BCR shares to Erste Bank – the winner of the privatisation. Because these S.I.F. are listed on Bucharest Stock Exchange – a short analysis of their stock evolution is presented. After this privatisation, some commercial private banks of Romania trying to expand very quickly, in order to find in the next years a strong international bank to buy them. We compared also some banks, taking into account their evolution on Bucharest Stock Exchange – as a consequence of Romanian Commercial Bank privatisation. ”
Keywords: banking; privatisation; competition; strategy (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:osi:journl:v:3:y:2007:p:181-190
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