Assets of Royal Bank of Scotland Romania down by 16% ytd at end-Sep.

By bne IntelliNews December 8, 2010
The assets of the local branch of Royal Bank of Scotland decreased by 16% ytd to RON 6bn (EUR 1.4bn) as at end-September on the back of early repayment of loans on the corporate side, Wall-Street quoted the banks executive director Johan Gabriels as saying. The bank reported a RON 100mn (EUR 23mn) net profit for Jan-Sep, under the local accounting standards, while the full-year net profit is projected to remain close to that of last year - about RON 130mn (EUR 30mn).

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