BCR net profit down 86.3 pct in nine months

The after-tax and minority-interests net consolidated earnings of the Romanian Commercial Bank (BCR) totalled 67.6 million lei (16.1 million euros) in the nine months of this year, down 86.3 percent from 494.5 million lei (118.2 million euros), mostly due to the drop in the operating income and the increased provisions to corporate credit, the bank announced.The own capitals profitability went down to 1.3 percent at end-Sept. (from 9.5 pct in the nine months of 2010) as a result of ...

Developed by Codecraftsman