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Piraeus Bank profit up to €22 mln

Publicat la 20.03.2008, 22:00:00

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Piraeus Bank profit up to €22 mln
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The bank is determined to become one of Romania’s top 10 banking institutions. Accelerated expansion on retail is one of the development engines. The bank’s assets increased 198 percent in 2007, to €2.9 billion.

Piraeus Bank posted gross profit of some €15 million for the first 9 months of 2007, 140 percent higher year-on-year, due to client portfolio expansion and a rise in loan volume.

Assets administered by the bank reached almost €2.2 bln by the end of September 2007, 213 percent higher year-on-year.

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