February 12, 2014 / 7:31 AM / 4 years ago

Romania's BRD bank posts 2013 net loss

BUCHAREST, Feb 12 (Reuters) - Romania's second-largest bank, BRD, controlled by France's Societe Generale , posted a 2013 net loss of 385 million lei ($118 million), it said on Wednesday.

In 2012, the bank recorded a loss of 331 million lei.

"Consolidation of covering non-performing loans with provisions led to the net result," BRD said in a statement.

$1 = 3.2720 Romanian lei Reporting by Radu Marinas; Editing by Mark Potter

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