BCR profit halves to 100m lei according to Romanian Accounting Standards - financiare.ro
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News » February, 2011 » 18 February 2011

BCR profit halves to 100m lei according to Romanian Accounting Standards
18.02.2011, 11:01 | Finance-Banks | 760 views



Banca Comerciala Romana (Romanian Commercial Bank - BCR) last year posted a 100-105 million-lei profit, according to Romanian accounting standards (RAS), less than half the 2009 profit, said shareholder sources.

"We have not talked about this year's dividend policy yet, but amid a preliminary profit of 100-105 million lei according to Romanian standards, I don't really see what dividends could be granted. If they distribute 40% of the profit, it is non-significant. There will be dividend talks at the review GM," said the quoted sources.

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