The bank’s assets stood at RON28 billion.

CEC Bank posted profit for the eighth consecutive year.

The portfolio of corporate loans increased nearly 8.5% in 2014, accounting for 68% of the total lending portfolio.

The rate of non-performing loans (NPLs), excluding loan sales, reached 21.74%.

Total customer deposits rose 8.8%, due to a 22% increase in deposits attracted from companies and a 7% increase in deposits attracted from private individuals.

CEC Bank had 2.6 million active private individual clients and 138,000 active corporate clients at the end of 2014.

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