BRD 1H Profit Doubles To RON123M As Provisions Fall

08.01.2014 By Florentina Dragu

Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Friday said its net profit doubled on the year to 123 million lei (EUR27.83 million) in the first half, helped by fewer provisions for bad loans and lower costs.

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