Losses of 11.6 million lei registered by BCC in Q1, 2009

Banca Comerciala Carpatica in the Q1 of 2009 registered losses of 11.634 million lei, against a net profit of 2.645 million lei in the same period of 2008, according to a release.

Carpatica’s revenues stood at 136.313 million lei (down 10 percent against Q1 of 2008) and expenditure stood at 147.946 million lei (down 0.5 percent).
According to the bank representatives, despite major economic-financial turbulences in Q1 of the year, its operational activity was efficient.

The bank’s assets at the end of Q1 stood at 2.67 billion lei, up 16.55 percent against its level at the end of 2008.

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