This is the second consecutive year the fund opts not distribute dividends.
SIF Banat-Crisana’s shareholders also approved the fund’s revenue and expenditure budget for 2014.
The fund expects a net profit of 80.2 million lei (EUR17.96 million) in 2014, little changed on the year. Revenues are projected to decline 8.7% to RON129.7 million, while expenses are seen dropping 28.4% to RON36.6 million. (EUR1=RON4.4646)