BCR wants online platform and foreign transactions in 2009

Valerian Ionescu, Head of BCR’s Trading Department, said that foreign markets will be promoted actively once the international online platform, which the bank is considering establishing, becomes operational.

“We have not actively promoted other foreign markets, with the exception of Romania, and sometimes Austria, although, theoretically speaking, if tomorrow we have a client who wants to buy in South Africa, we can do this,” Ionescu said, adding that the online platform is to be established in partnership with a supplier covering most large markets.

Another project included in BCR’s plans is the introduction on the local Stock Exchange of various financial instruments destined for support assets on other markets. The company official said that talks are in process on this subject with the institutions of the Romanian market regarding the legislative framework, and the financial instruments will be introduced in the final months of this year, at the earliest.

BCR brokered transactions worth a total RON 48.9 million (€11.8 mln) since the beginning of 2009, ranking 12th among top brokers on the Stock Exchange.