The group’s operating result went up by 20.6% to RON1.5 billion (EUR310 million) as operating income rose by 16.9% to RON2.53 billion (EUR514.2 million).
Interest income increased by 30% to RON1.77 billion (EUR358.8 million), amid a rising business volume doubled by higher interest rates on the currency market.
On the retail lending segment, BCR granted new loans worth RON3.7 billion in the first six months of 2023.
The cost/revenue ratio improved to 39.7% in 1H/2023 from 41.5% in 1H/2022.
On the corporate lending segment, BCE released new loans worth RON5.3 billion in the first half of 2023.
The bad loan ratio reached 2.7% in June 2023, down from 2.8% in December 2022.
Client deposits advanced by 4.2% to RON78 billion (EUR15 billion) from December 2022, supported both by rising retail and corporate deposits.
(English version by Catalina Apostoiu)