BRD’s net profit estimated at €62.3-67.2 mln in Q1

The forecast by analysts indicates a 6.5 percent increase in the bank’s assets in Q1 2008, compared to the end of last year, of up to €11.12 billion.  The most profitable bank in in 2007, with a profit worth €274.8 mln, could post net profit of €348-403 mln in 2008, with the top value estimated by specialists including earnings from the sale of 25 percent in the Asiban insurance company.  Patrick Gelin, President and General Manager of BRD, is targeting a rise in net profit of 20 percent this year, to yield some €330 mln.