In the first nine months of 2010, Carpatica posted a loss of RON115.4 million.

Carpatica said net risk costs fell 80% on the year to RON33.8 million in January through September.

The bank reported total assets of RON2.92 billion at the end of September, down 2.4% on the year. Solvency ratio stood at 11.35%, above the central bank’s 10% requirement.

Romanian businessman Ilie Carabulea is the bank’s largest stockholder, with a 41.28% stake.

At around 10:32 Thursday morning, Carpatica traded down 0.18% at RON0.057 a share in Bucharest. (EUR1=RON4.3534)