Profit of BCR Group up 50% YoY in H1

BCR Group achieved a net profit of RON 1.04 bln (EUR 211 mln) in H1 2022, up by 50.9% against H1 2021, driven by improved operating results underpinned by continued strong loan growth.   This was achieved despite stronger provisioning aimed at mitigating the risk faced by certain industries in the given context. Net loans and advances to customers increased by 10.0% YoY to RON 52.6 bln (EUR 10.64 bln) as of 30 June ...

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