Reporter
Claudia Medrega
- Fields
- Banks-Insurance, Macroeconomics, Analysis
- Writing for ZF since
- 2011
- Articles
- 124
Romania Banking System Hits Record High Profit of RON7.6B in Jan-Sept 2022
The net profit of Romania’s banking system hit a new record high at the end of the first nine months of 2022, of RON7.6 billion, up around 20% from the year-earlier period, as lending advanc...
BCR, Banca Transilvania and BRD, Most Profitable Large Banks in Romania in 1H/2022
The three most profitable large banks in Romania in 1H/2022 were BCR, Banca Transilvania and BRD-SocGen, with overall earnings of above RON2.5 billion, namely more than half of the total pro...
Population and Company Indebtedness Quickens by Over 10% in 2021 YOY, Fastest Since 2008
Total population and company debt at end-2021 reached RON425.6 billion (EUR86.5 billion), up by RON40.2 billion or 10.4% from the 2020 level. The indebtedness growth pace sped up in 2021, to...
Banca Transilvania Wants to Boost Lending and Assets by Around 10% and Profit by 18%, to Over RON2B
Banca Transilvania, the biggest lending institution on the Romanian market by assets, expects to generate RON2.1 billion net profit this year, 18% above the 2021 gain, as it projects rising...
UniCredit Bank Romania Pays Out Over EUR100M Worth of Dividends to Shareholders for 2021
UniCredit Bank Romania, controlled by the Italian group of the same name, decided to pay out dividends of around RON583.9 million (EUR117 million) to shareholders for 2021 financial year, ac...
Raiffeisen Bank Rakes in EUR173M Profit from Romania in 2021, Up 31.8%
Austrian group Raiffeisen Bank International reported net profit worth EUR173 million from Romanian operations in 2021, up 31.8% from the 2020 gain.
Romania Banking System Hits Record Profit Of RON8B In 2021 Despite Pandemic
Romanian banking system profit for the entire 2021 may climb to a record high of around RON8 billion or even more, despite the pandemic, given that gains topped RON7.5 billion after the firs...
BCR 2022 Budget: 7.7% Higher Revenues, around 11% Lending and Profit Growth
BCR, the second biggest bank in Romania by assets, expects operating revenues, profit and assets to increase in 2022, amid stronger lending.
Most Profitable Large Banks in Romania in Jan-Sept 2021: Top 3 Banks Hit RON3.5B Cumulated Profit
Most large banks reported rising profits in the first nine months of 2021 compared with the same period of 2020 amid the waning fallout of the coronavirus crisis and the declining risk charg...
1,044 Bankers Left System and 184 Branches Closed Down in One Year
A number of 1,044 employees left the Romanian banking system and 184 subsidiaries and branches closed down in the period between the first nine months of 2020 and the first nine months of 20...
Romania Banking System Hits Record Profit Of RON6.4B In Jan-Sept 2021, Up 36% YoY
The net profit generated by the entire Romanian banking system at the end of the first nine months of 2021 reached a record high of around RON6.4 billion despite the pandemic, up over 36% fr...
New Corporate Loans Picked Up in September
September brought a corporate lending rebound, after the August slowdown. Banks operating on the Romanian market granted new RON-denominated loans of RON3.77 billion to companies, up 31.6% f...