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Erste’s BCR Sees 2012 Gross Profit at $150 Million, ZF Says

Jan. 16 (Bloomberg) -- Romania’s biggest bank by assets, Banca Comerciala Romana SA, expects to post a gross profit of 516 million lei ($150 million) in 2012, Ziarul Financiar reported today, citing unidentified banking industry officials.

The bank, known as BCR and majority-owned by Erste Group Bank AG, will hold a general shareholder meeting on Jan. 27 to approve its 2012 budget, the Bucharest-based newspaper reported.

To contact the reporter on this story: Irina Savu in Bucharest at

To contact the editor responsible for this story: James M. Gomez at

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