On January 22, 2024, Vernon David announced that Victoriabank’s acquisition of the BCR Chisinau subsidiary (reported by CEE Legal Matters on April 7, 2023) had closed.
Established in 1989, Victoriabank is a Moldovan commercial bank. Its main shareholders include Romania's Banca Transilvania and the European Bank for Reconstruction and Development.
BCR Chisinau has over 13,000 active clients, 110 employees, and four branches – two in Chisinau, one in Cahul, and one in Balti.
Erste Group member BCR has an extensive network in Romania: 19 business centers, 17 mobile offices dedicated to companies, and 430 retail units across the country.
As previously reported, Vernon David and Filip & Company advised Moldova's Victoriabank, while Schoenherr advised the seller.
The Vernon David team was led by Chisinau-based Partners Roman Ivanov and Sergiu Bivol and included Senior Associate Nadejda Ciubotaru and Associates Adelina Braga and Mihai Silta.
The Schoenherr team included Romania-based Partners Matei Florea and Madalina Neagu and Senior Attorney-at-Law Alexandra Pop, as well as Moldova-based Office Managing Partner Vladimir Iurkovski, Attorney-at-Law Andrian Guzun, and Associates Denis Lefter and Adriana Otean.
The Filip & Company team included Managing Partner Cristina Filip, Partner Alina Stancu Birsan, Senior Associates Rebecca Marina and Camelia Iantuc, and Associate Bianca Gheorghe.
