BCR reports 142 pct increase in 9-month net profit
Publicat:BCR posted a 9-month net profit of 845.8 million lei, up by 142 percent compared to 348.8 million lei in the first nine months of 2019, the bank said in a release, according to AGERPRES.
"BCR recorded a net profit of 845.8 million lei (175.2 million euros) in the first 9 months of 2020, compared to 348.8 million lei (73.6 million euros) in the year-ago period, due to a higher operating result and a significant advance in new loans, partially offset by higher risk costs. The net profit in 2019 was affected by the creation in the second quarter of the year of an exceptional provision related…
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