BRD said net banking revenue fell 8.6% on the year to RON1.6 billion in the January-June period, while gross operating profit declined nearly 14% to RON914 million.
“The results were influenced by the economic climate and the rather weak demand for banking services,” BRD said in its financial report.
BRD said total loans rose 2.78% on the year to RON33.3 billion in the first six months, while overall deposits were at RON29.8 billion, little changed on the year.
The bank’s financial results are computed under Romanian accounting standards.
French financial group Societe Generale is the bank’s main shareholder, with a 59.36% stake, while the five Romanian regional investment funds SIFs own together 22% of BRD shares.
On the Bucharest bourse Monday morning, BRD traded up 1.89% at RON14 a share, amid a growing market. (EUR1=RON4.2403)