Intesa Sanpaolo bounces back to profit in Romania
Italian lender Intesa Sanpaolo posted a EUR 3 million profit after nine months in Romania, bouncing back from a EUR 3 million loss during the same period of 2013.
The group's loan portfolio in Romania stood at EUR 700 million, EUR 600 million of which were performing loans. More than 90% of the bank’s performing loans are retail loans.
Assets in Romania stood at EUR 1.1 billion, down from EUR 1.2 billion at end-2013.
editor@romania-insider.com