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103% net income growth for UniCredit Romania in H1

103% net income growth for UniCredit Romania in H1
07.08.2006, 19:21 7

UniCredit Romania posted a net profit worth 17.4 million RON in the first six months of the year, a 103% increase against the same period last year, with assets at the end of this period standing at 2.5 billion RON (some 700 million euros), a 64% increase against June 2005. The bank's total net revenues stood at 84 million RON, 41% more against the same period of 2005, reads a release of the lending institution. The number of individual clients doubled in the first six months of the year against the same period of 2005, reaching 63,000, while in the corporate sector, the number of clients grew by over 50%, reaching 16,000. The total value of loans granted by UniCredit Romania went up by 62% against the end of June 2005. At the end of the first six months of this year, the cumulated value of credits granted to individuals and companies stood at 1.35 billion RON. This means a 19% increase in funding granted by the bank to its own clients since the beginning of this year, reads the release.

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