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September 27, 2020
BUSINESS

Emporiki Romania posts 30 pc increase of operating incomes

The net operating incomes of Emporiki Bank Romania increased by 30 pc, from EUR 2.79 M in Q1 last year to EUR 3.76 M during January-March 2011, the bank announced Friday, quoted by Mediafax. The immovable assets of Emporiki in Romania rose by 1.6 pc, from EUR 8.95 M to EUR 9.1 M, according to a financial report issued by Emporiki Greece, member of the French group Credit Agricole. The immovable assets are assets that cannot be easily transformed into cash, or the company does not plan to sell them during a 12-month interval. The net operating incomes of the Greek bank advanced by 4.2 pc last year, from EUR 188.7 M to EUR 196.6 M. The value of immovable assets at group level held steady at EUR 409.9 M.

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