In the first half of 2011, BCR BpL posted a net profit of RON3.3 million, while deposits were at RON526 million.
The bank forecasts a net profit of RON24 or RON25 million in 2012, as it expects a deposit boost in the last quarter of the year, according to the bank’s president Alexandru Ciobanu.
End-June, the bank had over 273,000 active clients, compared with 220,000 during the same period a year before.
BCR BpL’s assets increased by 80% in January-June period, to RON1.087 billion, from RON610 million in the same period a year ago.
Ciobanu sees assets at over RON1.25 billion at yearend.
The bank’s loans reached RON13.2 million in the first semester, from RON5.2 million at the end of 2011, more than half of the loans representing anticipated financing for dwelling acquisition, he added.
BCR BpL is the savings and loan unit of Romania’s largest bank BCR. It was founded in April 2008 and started activity in July that year. Shareholders are BCR, with 80%, and S Bausparkasse der oesterreichischen Sparkassen, the savings-lending unit of Austrian group Erste, with 20%. (EUR1=RON4.4571)