BANK
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Banks in Romania Sit on Cash Again in February
The interbank market ended February with cash surplus again and banks that were left with lei on their hands at the end of some days used the overnight deposit facility provided by Romania’s...
139 Branches Closed in Romania’s Banking System in Jan-Sept
Banks operating in Romania had 3,879 branches and offices, while the number of employees went down to 52,757 in the first nine months, Romania’s central bank data show.
Romania’s Banking System Posts Some RON4.7B Profit in Jan-Sept
Banks in Romania posted about 4.7 billion lei profit in the first nine months of 2020, their assets reached a new high, while the loan-to-deposit and NPL ratios went down compared with the y...
Romania Banking System Profit Reaches RON4.5B in Jan-Aug
Romania’s banking system, the main lender of Romania’s economy, posted almost 4.5 billion lei net profit in the first eight months, while lending increased by 5.4% on average, Romania’s cent...
US Private Equity Investment Firm J.C. Flowers in Pole Position to Buy Credit Agricole Romania
US private equity investment firm J.C. Flowers, which has bought two banks in Romania - Piraeus Bank and Leumi Bank in the past two years, forming what is now known as First Bank, is in pole...
Bucharest, Cluj and Timis – Top Three Counties by Volume of Retail Loans
Bucharest, including Ilfov County, stands out with the highest stock of loans at the end of July 2020, some 53 billion lei, almost 7% more than in the year-ago period, Romania’s central bank...
Romania’s Banking System Net Profit Reaches RON1.6B, Assets Up to Over RON500B in Q1
Romanian banking system’s net profit reached some RON1.6 billion at the end of the first quarter and assets increased to a peak of RON518.4 billion, while lending increased by 7.1% on averag...
Banks’ Interest Income Five Times Higher Than Interest Expenses In 2019
Lenders’ interest income reached RON18.8 billion in 2019, while interest expenses stood at merely RON3.6 billion.
Romanian Banking System Posts RON6.4B Profit In 2019
The banking system posted about RON6.4 billion lei net profit in 2019, 7.2% lower than in 2018 and assets rose to a new peak, RON495.3 billion, as lending increased by 7.6% on average, accor...