BRDaa‚¬a„¢s net profit down 28 percent at nine months

The BRD announced a net profit of EUR 113 million for the first nine months of this year, down 28 percent compared with the similar period from 2009.

According to the bank’s results, the gross exploitation result reached EUR 389 million, up 11 percent compared with the first three quarters from 2009.

The total loans credit reached EUR 8 billion, representing a 3 percent increase compared with the bank’s data at September 30, 2009, while the total deposit’s volume reached the similar level with the one registered for the same period of last year.

The BRD results come after what BCR, controlled by Erste reported a net profit decrease with some 30 percent for the first nine months of this year, compared with the same period of 2009.

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Dana Verdes