OTP Bank Romania Reports Net Profit Of RON7M In 1Q/2021 Versus RON11M Loss In 1Q/2020

05.07.2021 By Ecaterina Craciun

OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON7 million in the first quarter of 2021, versus a loss of RON11 million in the same period of 2020, as a result of increasing risk costs by RON48 million amid the COVID-19 pandemic.

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Keywords:
OTP Bank Romania
, earnings