BRD Group, 738 million RON profit in first nine month, 39 pct decrease
Publicat:The BRD Group obtained a net profit of 738 million RON in the first nine months, compared to 1.23 billion RON in the similar period of 2019, a 39 pct drop, according to the financial results of the bank remitted on Monday to the Bucharest Stock Exchange, as reported by AGERPRES.
According to the quoted source, the profit recorded by the bank was influenced by the net expense with provisions (in comparison with a net release of provisions in the similar period of last year), which reflects the worsened perspective on the macroeconomic environment.
"If the second quarter was marked…
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