BANK
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Romania’s Banking System Posts Record High Profit Of Almost RON3.6B In H1
Romania’s banking system made 3.56 billion lei (EUR766 million) net profit in the first half, following an increase in lending and interests and an improvement in portfolio quality, as the l...
Top Six Lenders In Romania Made RON3.1B Profit In H1
The big banks in Romania reaped the rewards of the rise in inflation and interbank interests in the first half, with most of them posting spectacular growth in net profit. As the risk costs...
Consultants: Banks Are No Longer Buying Each Other
Local banks are not interested in buying other banks, which have market shares of about 1%. The chances of a big bank coming to Romania are slim, but private equity firms can come with a new...
Survey: Bank And NBFI Loans Not A Priority For Companies
Loans from banks or non-bank financial institutions are the least likely sources of funding local companies consider, which prefer to either reinvest their profit, sell assets or turn to loa...
Top Ten Banks In Romania Account For 83.2% Of Banking System Assets
The top ten ranking of the banking market in Romania saw two significant changes last year, though no new names climbed into it.
Banks Step Up Mortgage Lending
Banks have increased their stock of mortgage loans by almost 35% in the past year, which drove the home-buying loans to 42 billion lei (EUR9 billion) at the end of April 2018.
Three Most Profitable Lenders Posted RON3.2B Profit In 2017
BRD-SocGen became the leading lender in Romania by profit, beating Banca Transilvania, which ranked second, while the largest bank on the market by assets, BCR, ranked third.
More Than Three Quarters Of Lenders In Romania Posted Profit In 2017
More than three quarters of the lenders in Romania, 28 banks, ended last year in the black, while seven were in the red, Romania’s central bank data show.
Senate Approves Set-Up of Development Bank
Romania's Senate on Wednesday approved a bill put forth by ruling coalition lawmakers to set up a state-owned Bank for Development.