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Piraeus Bank Romania posts RON 25.1 mln pre-tax profit in H1 over higher corporate lending

Piraeus Bank Romania, controlled by US investment fund J.C.Flowers & Co, said it recorded a pre-tax profit of RON 25.1 million (around EUR 5.1 million) in the first half of 2018 compared to a result of RON 3.8 million in the same period of last year, http://business-review.eu informs. The bank’s loan book increased by 3 pecent year-on-year to RON 3.5 billion, mainly due to higher lending in ...

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