BRD Group posts net profit down 35.7 pct in 2020
Publicat:BRD Group achieved a net profit of 963 million lei in 2020 compared to 1.499 billion lei in 2019, down 35.7%, according to a bank press release sent to the Bucharest Stock Exchange (BVB), as reported by AGERPRES.
According to the cited source, the bank ended last year with a profit of 951 million lei, compared to 1.528 billion lei in 2019.
"The year 2020 has been marked by an unprecedented health crisis, which has quickly turned into a severe economic crisis. Although an economic recovery is expected, its scale and timing depend largely on health developments and the implementation…
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