Banca Transilvania 9-mo net profit at 48 mln lei

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28 October 2009 @ 11:39 am ET

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BUCHAREST - Romania's Banca Transilvania on Wednesday posted an 87.8 percent plunge in nine-month net profit.

The bank said its net profit stood at 48.3 million lei ($16.7 million), compared with an average forecast of 24 million in a Reuters poll earlier this week.

(Reporting by Marius Zaharia; Editing by David Holmes)

($1=2.895 Lei)

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