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Citibank Romania Posts Double Profit In 2010, At EUR22M
Banks-Insurance

Citibank Romania Posts Double Profit In 2010, At EUR22M

Citibank Romania, the local subsidiary of American financial giant Citigroup, ended 2010 with a net profit of around EUR22 million, almost double the 2009 result, according to Romanian accou...

ZF English · 19.05.2011 · 00:43 · 1 min
Banks-Insurance

German Insurer Allianz 1Q Net Profit Seen Down 43.8%, To EUR900M

The net profit of German insurance group Allianz is expected to have dropped 43.8% in the first quarter of the year, to EUR900 million, and revenues likely declined nearly 2%, according to t...

Gavrila Oana · 04.05.2011 · 12:05 · 1 min
Banks-Insurance

Romanian Private Pension Funds’ 2010 Net Profits Total RON448M, Up 61% On Year

Romania’s mandatory and voluntary private pension funds registered aggregated net profit of 448.1 million lei (EUR106 million) in 2010, up 61% on the year, according to data released by the...

ZF English · 28.04.2011 · 12:15 · 1 min
Banks-Insurance

BCR Asigurari Switches To RON14.4M Pretax Profit In 2010

Romanian insurer BCR Asigurari posted a pretax profit of 14.43 million lei (EUR1=RON4.0966) in 2010, under international reporting standards, from a RON55.54 million loss in 2009, the insure...

Gavrila Oana · 18.04.2011 · 12:22 · 1 min
Capital Market

Romanian SSIF Broker To Use ’10 Profit For Reserves, Bonuses

Romanian brokerage firm SSIF Broker (BRK.RO) Monday said it will use last year’s net profit of 6.6 million lei (EUR1=RON4.0881) for investment, reserves and bonuses for staff and management.

Andrei Cîrchelan · 28.03.2011 · 14:43 · 1 min