The financial performance of the bank in the first quarter was driven by the increase of net interest income by 15% on the corresponding period of last year to RON319.1 million, while net fee income went up by 11% to RON77.8 million.

Spending on the guarantee and resolution funds stood at RON51.9 million, double the last year’s level.

The lender granted 8,400 new loans worth RON2.4 billion in the first quarter.

Total gross volume of loans stand at RON27.8 billion, 17.9% more than in the year-ago period. Deposits rose by 15.8%.

(English version by Loredana Fratila-Cristescu)

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