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BCR net profit falls in half to EUR 123 mln on nine months

The net profit of BCR, the biggest lender in Romania controlled by Austrian Erste, fell by 51 percent to RON 559.8 million (EUR 123 million) in the first nine months of the year compared to the same period of last year, business-review.eu reads. BCR said the fall in profits was mainly due to base effect from substantial risk provision releases and from significant gain following the sale of certain stakes in the first ...

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