Barclays banker chosen to reinvigorate BCR in its race against BRD

Last month, BCR had announced a profit of €237 mln for 2007, according to international accounting standards, up 22 percent year-on-year.  The bank’s representatives attribute the discrepancy strictly to the difference of methodologies of financial operations applied.  For example, in the case of international accounting standards, the flat fee is assigned to the entire year, explained Corneliu Cojocaru, BCR’s spokesman.  BCR further announced the level proposed for shareholder dividends for 2007, of RON 370 mln (over €100 mln)