Banca Carpatica Switches To Profit Of RON8.54M In 1Q

04.24.2012 By Radu Bostan

Romanian Banca Comerciala Carpatica (BCC.RO) posted a net profit of 8.54 million lei (EUR1.9 million) in the first quarter, compared with losses of RON13.5 million in the same period of last year, over significantly reduced provision spending, after applying IFRS, the bank announced Tuesday.

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