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Piraeus Bank net profit - 1.73m euros

19.11.2003, 00:00 19



Piraeus Bank Romania, the domestic subsidiary of the Greek bank, saw 1.73m euros in nine-month net profit. According to data released by bank officials, total assets have increased more than 32% since December 2002, to 139.679m euros. The total volume of granted credits amounted to 89.477m euros, up 35% since the end of last year. According to the bank's president Emanuel Odobescu, the financial results are in line with the bank's strategy. Also, Odobescu says the number of subsidiaries will continue to grow, from the current six. ZF