“Preliminary data show that CEC posted a pretax profit of about RON65 million in 2013,” the government people told Mediafax.
“However, we should wait until March-April for a clearer picture.”
CEC Bank, Romania’s fourth largest lender by assets, reported a pretax profit of RON33.5 million in 2012, down 57% year-on-year.
The mentioned sources said the bank’s net profit should be at some RON55 to RON60 million, provided the pretax result remains unchanged after the final data is released.