BCR's 2020 net profit at 814.1 ml lei, up 37.2 pct

BCR's 2020 net profit of 814.1 million lei (168.3 million euros) was 37.2 percent higher than the 593.3 million lei (125 million euros) reported in 2019, due to the strong increase in lending and a higher operating result, partly from offsetting higher risk costs, the bank said in a release.The bank mentions that the net profit of 2019 was affected by the creation in Q2 2019 of an exceptional provision related to the activity of BCR Banca pentru ...

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