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

August 5, 2015 8:43 AM

35 0

* 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.

Also read: Bank of America profit rises on bond trading, cost cuts

Read more

To category page