Parana Banco: Loan Portfolio Moves Up 88.1% in 2007 and Adjusted Net Income Reaches R$ 113.5 Million.

PR Newswire | January 21, 2008 | Copyright

Parana Banco reaches a new Record of franchises and closes 2007 with 60 units in operation

CURITIBA, Brazil, Jan. 21 /PRNewswire/ -- Parana Banco (Bovespa: PRBC4), a private multiple bank focused on payroll-deductible loans and the middle- market segment, announces today its results for the fourth quarter of 2007 (4Q07). Adjusted Net Income reached R$113.5 million in 2007, excluding IPO expenses and including deferred commissions booked directly under shareholders' equity. This result is 117.7% higher compared to 2006. In the fourth quarter, net income was R$ 36.1 ...

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