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BCR reports 142 pct increase in 9-month net profit

BCR posted a 9-month net profit of 845.8 million lei, up by 142 percent compared to 348.8 million lei in the first nine months of 2019, the bank said in a release."BCR recorded a net profit of 845.8 million lei (175.2 million euros) in the first 9 months of 2020, compared to 348.8 million lei (73.6 million euros) in the year-ago period, due to a higher operating result and a significant advance in new loans, partially offset by higher risk costs. The net profit in ...

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