Last year, the bank recorded after-tax profit of 20 million euros, roughly double from 2007. In 2008, the growth of net profit was 96%, and this year, Banca Italo-Romena continued to record an increase in net profit in first quarter this year.
In the three months to March, Banca Italo-Romena continued to develop its lending activity, both to population and to small businesses, its loan book standing at 942.18 million euros in March, up 25% from 751.99 million euros a year earlier.
The performing lending activity came with a thorough risk assessment, which resulted in a below 1% share of non-performing loans.
After first quarter this year, Banca Italo-Romena recorded a nearly 13% increase in total assets, up to 1,191.64 million euros.
In lipsa unui acord scris din partea InternetCorp, puteti prelua maxim 500 de caractere din acest articol daca precizati sursa si daca inserati vizibil linkul articolului Banca Italo-Romena books 7.7 mln-euro profit in first quarter.