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March 21, 2023

‘BCR Banca pentru Locuinte’ profit up to RON 10.8 M in H1

BCR Banca pentru Locuinte tripled its profit in the first half of the year to RON 10.8 M, in the context of an 87 per cent rise in deposits attracted from customers to RON 986 M and expects a year end result of RON 24-25 M, according to bank President Alexandru Ciobanu, a release informs. In the first half of last year the bank posted a profit of RON 3.3 M with attracted deposits of RON 526 M. In the first half of 2012, the saving-lending institution covered all its loss recorded since the beginning of activity and expects a rise of profitability in the second half of the year. At the end of H1, the bank had over 273,000 active agreements compared to 220,000 in H1 of 2011 and plans to reach a total of over 300,000 customers by the end of the year. The saving-lending bank’s assets also went up by 80 per cent in H1, to RON 1.087 bn, from RON 610 M in H1 of 2011. The volume of loans granted in the first six months this year was RON 13.2 M compared to RON 5.2 M in December 2011, and in July it reached RON 16.8 M, triple of the figure posted at the end of 2011. In the last two months, the saving and lending institution offered financing worth over RON 4 M per month, level that will continue in August.

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