The bank’s gross profit amounted to RON30.3 million last year, versus losses of RON39.2 million in 2011, and was 78.2% higher than expected.
At the end of December 2012, the lender’s assets stood at RON4.73 billion, up 22.3% on the year.
Financial assets available for trading amounted to RON2.58 billion, up 39.3% from RON1.85 billion at the end of 2011.
The bank’s loan and receivables portfolio climbed 12.7% to RON1.21 billion at the end of 2012, while deposits increased 2.1% to RON2.49 billion.
The loan to deposit ratio reached 59.1% and the solvency ratio at the end of the year stood at 10.65%.
Its net interest revenues rose 19.2% in the analyzed interval to RON282.5 billion, from RON236.9 billion in 2011. Interest expenses climbed 41.1% to RON197.9 million, from RON140.2 million.
In December, Banca Comerciala Carpatica held a network of 145 units, formed of 57 branches, 67 agencies and 21 working points.
The bank is controlled by businessman Ilie Carabulea with a 46% stake, while one of Carabulea’s associates, Corneliu Tanase, holds 11.22%. Another shareholder is Alin Albu, with a 5% stake.
In early trade Friday, Banca Carpatica shares were up 3.4%, at RON0.0553 a share. (EUR1=RON4.3844)