According to Cinteza, losses registered by banks stood at 766.4 million lei (EUR176.6 million) in September and at RON957.5 million at the end of October.
Romanian banks reported a combined net loss of RON860 million in the third quarter, versus a profit of RON95.4 million a quarter earlier.
End-September, the combined net loss in the system was RON765 million, 62% wider from RON474 million in the year-earlier period.
Net risk costs continued to increase and broke through the RON30 billion threshold at the end of September, on higher non-performing loans.
In the third quarter alone, Romanian banks booked additional provisions of RON3 billion.
Romania’s banking system has switched to a combined loss of RON516 million in 2010, the first negative result in 11 years. (EUR1=RON4.3397)