BRD Net Profit Drops To RON10.4M In First 9 Months As Provisions Rise

Update 11.06.2012 By Florentina Dragu

Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Tuesday said its net profit fell 97.7% on the year to 10.38 million lei (EUR2.3 million) in the first nine months of 2012, hurt by higher provisions.

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