BCR Group and Arval Romania have signed an agreement for to the transfer part of BCR Fleet Management’s operational leasing activities to Arval Romania. 

Signed last week, the agreement awaits clearance from the Romanian Competition Council, closing being expected by the end of the year. 

The deal also allows Arval to market its sustainable mobility services to BCR customers.

The transaction is in line with BCR group strategy to focus on its core banking products but also continue to offer mobility solutions to its clients in an efficient way.

“We are very happy we have signed this agreement with BCR Group which will allow us, once completed, to serve new clients in Romania, and answer their growing mobility and energy transition needs with our proven products and services range,” said Roxana Lupescu, Avral Romania general manager. 

The agreement allows Arval to reinforce its position in Romania and strengthen its existing cooperation with Erste in the region (Czech Republic and Slovakia).

Affiliated with the Romanian financial company BCR (Banca Comerciala Romania), BCR Group is a member of the Erste Group. BCR Fleet Management provides operational leasing and fleet management services to corporate clients. 

“With this partnership, we will be able to provide our clients with an enhanced solution in cooperation with a partner with global expertise in the mobility and fleet management area”, stated Adrian Lacatus, BCR Fleet Management general manager.