For BCR, as leader of the Romanian banking system and as member of Erste Group, corporate governance represents a key element of its business success. BCR meets the expectations of its stakeholders through an integrated system of values, principles, and rules which secures its responsible, transparent and specific operation.

Nowadays, in order to face challenges and make the most of  the competitive advantage gained during its over 20 years of experience, BCR  is repositioning itself and its objectives as regards corporate governance are mainly focused on:

• responding to the latest changes
• strengthening stakeholders’ confidence
• accelerating the decision-making and execution process
• clearly defined and conveyed corporate governance processes and capabilities
• improved risks management
• alignment to the legal and Group requirements and standards.

Please, be informed that version 27 of the Signature Book of BCR is applicable starting with the 1^st of September, 2023.

The Signature Book establishes the principles and general rules refering to the set-up and the allocation of the signature pouvoirs for the external and internal documents at the level of Functional Entities, specific rules for different categories of documents and rules for PoAs granting in BCR.