The bank said total assets rose over 80% on the year to RON950 million.
“We have managed to double our business volume, while operating costs were maintained at a growth of around 16%. We had a very effective financial evolution,” said Alexandru Ciobanu, president of BCR Banca pentru Locuinte.
Speaking in a press conference, Ciobanu said the results were positively influenced by higher income from interests and fees.
He said the bank has a share of over 75% of the local savings and loans market.
“Our top priorities for the next three to five years are to increase the market share, our assets and the client portfolio,” Ciobanu said.
End-December, BCR Banca pentru Locuinte had total deposits of RON862 million, up 86% on the year.
The client portfolio rose to 250,000 people, from 190,000 people at the end of 2010.
BCR Banca pentru Locuinte is part of Romanian BCR Group, controlled by Austrian Erste Group Bank AG.