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Erste’s Romanian subsidiary BCR reports 33% stronger profit in 2023

March 1, 2024

Romanian financial group BCR, part of Austria’s Erste Bank Group, reported a net profit of RON 2.32 billion (EUR 469 million) in 2023, up 33% compared to that of 2022, against the background of improved operational performance, supported by a higher volume of business with clients.

The operating income increased 14.3% to RON 5.27 billion (EUR 1.07 billion) in 2023, from RON 4.62 billion (EUR 936 million) in 2022, driven by stronger net interest income and higher fees collected. Specifically,...

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