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International placements yield profit for BNR

Publicat la 02.07.2008, 21:00:00

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International placements yield profit for BNR

Meanwhile, the National Bank of Hungary lost over €70 million in 2007, while the Czech National Bank lost €1.57 mln. “BNR operations are expensive when the bank attracts money from the market, but a change is possible in future. BNR prepares to offer liquidity on the market,” said Adrian Vasilescu, advisor to BNR Governor, Mugur Isarescu.

The bank posted operational profit worth €400 mln in the first four months of 2007.

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