Bloomberg News

Romania’s BRD Posts 19% Decline in Nine-Month Profit

November 04, 2011

(Corrects percentage figure in headline, first paragraph.)

Nov. 4 (Bloomberg) -- BRD-Groupe Societe Generale SA, Romania’s second-largest lender by assets, said nine-month net income fell 19 percent to 382 million lei ($121 million) from 474 million lei a year earlier, in an earnings statement sent to the Bucharest Stock Exchange today.

--Editors: Alan Purkiss, Chris Peterson

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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