Banca Romaneasca enjoys 4.9m-euro profit

Banca Romaneasca, a member of the National Bank of Greece Group, posted net profits of 4.9 million euros at the end of October. The total assets of the bank reached 208.5 million euros ten months through the year. The volume of assets increased by approximately 30% from the beginning of the year. The bank currently has a 70,000-client portfolio, which is 41% higher than in the corresponding period last year. The growth in its client portfolio was backed by the expansion of the bank’s territorial network during this period. Banca Romaneasca recently opened its seventh branch in Bucharest on Calea Grivitei, bringing its network to 28 offices. The new branch of the bank provides a full range of services and products, including current accounts, treasury operations, savings and loan products, cards and foreign currency exchange. ZF