UniCredit Tiriac Bank's net profit halves to EUR 40 mln
The volume of assets reached almost EUR 5 billion by the end of 2010, while the credit balance volume grew by 12.8 percent last year, to EUR 3 billion.
On the other hand, UniCredit Tiriac Bank has registered a growth of 16.6 percent of the operational profit, reaching EUR 185 million, due to the growth by 8 percent in the operational income. The ratio between costs and income has continued to improve, up to 42.5 percent, from the 46.1 percent in 2009.
The bank has 235 units in Romania and 3,000 employees.
Alexandru Camburu, alex.camburu@romania-insider.com