oldid161585

Carabulea: Carpatica's lower profit is natural

The net profit of Banca Carpatica saw a strong decline last year, by almost 59% against 2006, to 7.98 million RON (2.4 million euros), however, Ilie Carabulea, the main shareholder of the lender, believes the dwindling profit is "natural", given the high inves...