Net loans rose nearly 12.5% to RON13.4 billion and the gross loan balance grew to RON14.7 billion in 2015, from RON13 billion a year before, mainly due to an increase in corporate loans, to RON10 billion in 2015, from RON8.8 billion in 2014.
In 2015, CEC Bank granted 29,090 new loans, worth RON1.2 billion. Loans granted under the government-guaranteed mortgage lending First Home program, whose number reached 4,516, totaled RON741.6 million.
End-2015, the bank had a gross profit of RON15.6 million, compared with RON13.8 million in 2014.
CEC Bank’s assets fell nearly 1.7% to RON27.5 billion in 2015 and its market share reached 7.3%. CEC kept its sixth spot among banks on the Romanian market.