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BCR achieves solid operating result as economic recovery slows

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28 Oct, 2011 17:59 1625 Marime text

I.HIGHLIGHTS FOR THE BCR GROUP:

BCR has a solid operating result qoq as economic recovery slows

Operating performance reached to RON 1,889.0 million (EUR 449.1 million), down by 18% YOY in a continuing difficult economic environment. Yet, the quarterly operating result is solid (RON 638.0 million in Q3) and maintains almost flat qoq (RON 642.2 million in Q2) as economic recovery slows and the market conditions remain tough: interest margins under continuous pressure and low eligible loan demand.

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