Breaking News

Tweet TWEET

MORE: Erste’s Romanian BCR Turns to 9-Month Net of 560m Lei

9-mo net income of 560m lei compares with net loss of 763m lei year-earlier, Banca Comerciala Romana says in e-mail today. *9M net charge of risk provisions fall 38% y/y to 1.64b lei vs 2.64b lei year earlier *NPL ratio at 29.6% of total loan portfolio at end-Sept *9M net interest income +0.1% y/y to 2.14b lei *Total assets -7% to 68.1b lei at end-Sept vs 73.3b lei at end-Dec 2012 *NOTE: Erste Bank 3Q Net Income EU129m; Est. EU133m; link to story: NSN MVGYTG6JTSEE <GO>

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.