BCR & Erste Private Banking

BCR & Erste Private Banking

Bank Partner
Partner since: January 2019

About BCR & Erste Private Banking

Erste Private Banking is a leading wealth manager in Central Europe and the largest of its kind in Austria.

Erste Private Banking operates in 6 countries and focuses on private and intermediary clients, providing international private banking, investment management, fiduciary services and brokerage.

In Romania the service is provided by BCR:

- BCR is the most valuable financial brand in Romania according to customer confidence and the number of people that use BCR for banking services.

- No.1 in in Romania according to assets (14 bn EUR), as well as according customers and lending and savings.

The security of a strong, independent and stable universal bank

Founded in 1819 as the first Austrian savings bank, Erste Group went public in 1997 with a strategy to expand its retail business into Central and Eastern Europe (CEE).

Since then Erste Group has grown through numerous acquisitions and organically to become one of the largest financial services providers in the Eastern part of the EU in terms of clients and total assets:

- The number of customers has increased from 600,000 to approx. 16.2 million in Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia and Serbia.

- Erste Group's key business is the retail business, covering the entire spectrum from lending, deposit and investment products to current accounts and credit cards.

- Besides the traditional strength in serving private individuals, Erste Group's core activities include advisory services and support for corporate clients in financing, investment and access to international capital markets, public sector funding and interbank market operations.

Benefits offered to Members

Only for CEO Clubs Members, Erste Private Banking offers EPB package, Mastercard World Elite card
included, with 0 issuing fee and 0 monthly administration fee, in the first year.*
*Especially for CEO CLUB members, BCR will offer the card with a 0 monthly administration fee in the first
year. In order for the discount to be applied, the cardholder should perform a minimum POS (merchant)
transactions in value of 15,000 RON in 6 months (~2,500 RON/month). The average value of Private
Banking portfolio card usage at merchants is ~ 40,000 RON/6 months.
If the minimum value of transactions will not be accomplished after 6 months, the card will be set with the
standard monthly fee (100 RON).
After the first year, the members should comply with eligibility conditions for Private Banking: monthly
income 10,000 EUR or resources of 200,000 EUR in BCR. The standard monthly fee is 100 RON.

Contact details

Denisa Elena Vlad, Manager Dezvoltare Afaceri Erste Private Banking