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Romania: BRD Shows Extensive Decrease Profits
Romania's second-largest bank BRD profit down by 84%.
Romania: BRD Shows Extensive Decrease Profits / Picture: © BRD Groupe Société Générale
Romania's second-largest bank, BRD, coordinated by France's Societe Generale , displayed a net profit of RON 13m ($ 3.94m) in the first quarter, which is a decrease of 84% from the year-earlier period, Reuters announced. The forecast in a Reuters poll implicated a net profit of RON 37m. In 2012 the bank announced a net loss of 332 million lei. "The bank has been operating in a still…
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