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BRD Group, net profit smaller by 22 pct in Q1

The net profit of the BRD Group has dropped to 241 million lei in the first quarter of the year 2020 over 301 million in the first quarter of the year 2019, influenced by the cost of risk, after recognizing a provision in the context of the COVID-19 crisis, according to a release of the bank sent on Wednesday."In the first three months of the year, BRD had a dynamic commercial development. The bank recorded a robust activity in all segments, with a continual ...

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