Eurom Bank logs 11bn ROL net income

Eurom Bank logged net income worth 11bn ROL in Q1, 2004, after breaking even in the financial intermediation department last year. The bank targets 110bn ROL in full-year net income, with the management saying first quarter figures are in line with the budget parameters. "The budget had scheduled 9.6bn ROL profit for the first three months," says Alexander Regenbongen, deputy general manager of Eurom Bank. The bank's assets climbed to 2,896bn ROL. ZF