BRD Group sees 26% higher Q1 net profit in Romania

BRD Group reported a net profit of RON 414 million (some EUR 89 million) for the first quarter of 2018 in Romania, up 26% year-on-year, romania-insider.com informs. This came against healthy revenue generation, quasi stable operating expenses and positive cost of risk, the bank said. The net banking income amounted to RON 724 million (EUR 155.6 million), up 11.4% y-o-y and increasing across all the main lines. The net interest income ...

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