In the third quarter alone, the bank posted an after-tax loss of 1.7 billion forints compared to 9.0 million forints loss in the same quarter last year, OTP said in its third-quarter financial report.
OTP Bank Romania’s operating profit fell 22% to 5.0 billion forints in January-September.
Following are details on OTP Bank Romania's financial results (in billions of forints):
9-mo'12 | 9-mo'11 | |
After-tax profit/loss | -1.966 | 1.465 |
Operating profit | 5.034 | 6.493 |
Net interest income | 11.813 | 13.555 |
Net fees and commissions | 1.170 | 1.768 |
Total risk costs | -4.916 | -7.000 |
9-mo’12 | 2011 | |
Total assets | 448.383 | 460.623 |
Gross customer loans | 394.188 | 375.171 |
Deposits from customers | 120.822 | 143.422 |
OTP had a network of 97 branches in Romania at the end of September.
(1 euro=283.7232 Hungarian forints)