20 Martie 2009

Intesa Sanpaolo Bank Romania: 34% increase in operating profit



Intesa Sanpaolo Bank Romania, the local unit of Italy's second-biggest bank Intesa Sanpaolo SpA, registered a 34 percent annual increase in its operating profit last year, while the credit portfolio advanced by 63 percent, NewsIn informs.
The bank's operating profit amounted last year to 35 million lei and its assets rose by 56 percent, to 2.79 billion lei. The credit portfolio reached 1.832 billion lei at the end of last year.

Net revenues also increased by 75 percent, to 149 million lei and the capital swelled three-fold, from 166 million lei to 543 million lei, through cash injections operated by the mother-bank.

The lender's staff rose too by 40 percent last year.

The Italian Intesa Sanpaolo group is the fifth biggest lender in Europe and has about 20 million clients worldwide.



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