BCR Posts RON0.5B Loss In 2011

03.26.2012 By Razvan Voican

BCR, the largest Romanian bank, ended 2011 with a net loss of 511 million lei (EUR117 million) compared with a profit of RON55.4 million in 2010, according to its filings based on the Romanian accounting standards and audited by Ernst&Young, considering that 22.5% its loans are past due by sixty days and more.

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