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Tag Archives: risk costs

OTP Bank posts the strongest quarterly profit ever in Romania – RON 22.5 M

Hungary-based OTP Bank has registered an after-tax profit of RON 22.5 million (HUF 1.5 billion) in Romania in Q1, according to the report published in Budapest, which presents the consolidated result adjusted in accordance with the Group’s reporting standards. This ...

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Double net profit for OTP Bank Romania in 2015

Local subsidiary of Hungary’s OTP Bank recorded an adjusted profit of RON 21.9 million, up by 97 percent year-on-year, taking into account Millennium Bank results, a press release informs. Operational profit decreased by 37 percent compared to the previous year. ...

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BRD doubled its profit to RON 270 M in H1

At end-June, BRD-Groupe Société Générale recorded a strong increase in net profit to RON 270 million, compared to RON 128 million in the first half of 2014, driven by ongoing improvement in risk costs and strict monitoring of operating expenses, ...

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