BRIEF-Romania's BRD bank H1 net profit doubles y/y

August 5, 2015 8:43 AM

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* Says records strong increase in net profit to 270 million lei ($66.51 million) in the first half of 2015, compared to 128 million in the first half of 2014, driven by ongoing improvement in risk costs and strict monitoring of operating expenses.

* Says non-performing loans ratio fell to 18.8 percent at the end of June from 23.4 at June 30, 2014, due to write-offs and sales of impaired receivables.

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