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Q1 profit of 37 million lei for BRD bank

BRD - Groupe Societe Generale bank (BRD-GSG) records show a net profit of 37 million lei over the first quarter of 2014, and an improved balance of credits and deposits, standing at 79.5 percent as deposits advanced by 6.9 percent in March, a bank's release informed on Wednesday. The operational efficiency also increased, as operational expenditure was 2.8 percent below the 2013 Q4 level.The net cost of risk was 29.7 lower over the first ...

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