Eurobank, Bancpost owner, on profit in Romania in Q1
Eurobank, Bancpost owner, recorded in the first quarter, in Romania, a profit of EUR 2.3 million after losses in each quarter of last year, due to provisions made for bad loans, according to data released by the Greek group.
In 2014, Eurobank recorded in Romania EUR 151.2 million losses and provisions of EUR 145.4 million.
The Greek bank’s assets in Romania were at the end of the first quarter of EUR 3.3 billion, up from EUR 3.26 billion in Q4 last year.
Eurobank’s operating incomes in Romania in Q1 reached EUR 36.5 million after EUR 37.3 million revenues in Q4.