Romanian Banks Swing To RON1.5B Aggregate Profit In Jan-August

10.21.2013 By Florentina Dragu

The Romanian banks reported an aggregate net profit of 1.5 billion lei (EUR337 million) in the first eight months of 2013, versus losses a year-earlier, helped by lower risk costs and fewer loan-loss provisions, the central bank said in its latest Financial Stability report released Monday.

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