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BCR Group reports its Jan-Sep net profit up 10% y/y to EUR 344 mln

October 31, 2023

Romanian financial group BCR Group announced a net profit of RON 1.7 billion (EUR 344 million) in January-September, up some 10% y/y.

The results were “driven by improved operating results underpinned by advance in customer business,” the bank announced.

Net interest income surged 27.0% to RON 2.67 billion (EUR 541 million), driven by higher business volumes and market rates.

Net loans and advances to customers increased, however, by only 2.4% YTD to RON 56.7 billion...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/bcr-group-profit-january-sept-2023
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