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Moldovan Unit of Romania's BCR Bank Swings to 120.7 Mln Lei (7.4 Mln Euro) Jan-Sept Loss

Oct 28, 2009, 12:57:57 PMArticle by Kristina Belkina
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CHISINAU (Moldova), October 28 (SeeNews) – Moldovan bank BCR Chisinau, a subsidiary of Romania's largest bank by assets Banca Comerciala Romana (BCR), said it swung to a 120.7 million lei ($10.9 million/7.4 million euro) loss in the first nine months this year from 52 million lei net profit a year earlier.

Moldovan Unit of Romania's BCR Bank Swings to 120.7 Mln Lei (7.4 Mln Euro) Jan-Sept Loss

Following are figures from BCR Chisinau's balance sheet and income statement (in millions of lei):

Jan-Sept'09 Jan-Sept'08
Net Profit -120.7 52
Interest Income 100.98 130.8
Total Assets 1,910.2 1,765.6
Credit Portfolio 1,364.3 1,144.6
Deposits 1,714.1 1,467.6

The Romanian bank opened its subsidiary in the Moldovan capital in 1998.

(1 euro= 16.4169 Moldovan lei)

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