The Romanian bank BRD-Groupe Societe Generale reported a profit of RON 39.4m for the first half of this year, seven times lower than its showing in H1 2011.
The bank posted a loss of RON 43.6m, blaming a drop in revenues and a jump in cost risk.
The bank loan volume has increased by 5 percent since December 2011, while the volume of deposits was 9 percent higher.
BRD Groupe Societe Generale posted an overall net profit of €109.7m in 2011, down 7 percent from the year before.
