BCR Banca pentru Locuinte reports RON 6 mln profit on Q3

BCR Banca pentru Locuinte (BpL), the savings and housing lender subsidiary of BCR Group, has registered a profit of RON 6 mln, in the first nine months of 2011, from a negative RON 0.1 million in the similar period of 2010. The bank became profitable two years earlier than it had been initially predicted.

The housing lender has reached 250.000 active contracts on Q3 2011, with RON 8 billion having been contracted by customers. The deposits attracted from customers doubled to RON 585 million in the first nine months of 2011. BCR BpL had assets worth RON 681 million at end-September 2011, which is almost double the value reported on Q3 2010.

Ovidiu Posirca