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BANKING SYSTEM

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Romania Banking Sector Boasts Record High RON3.4B Profit in 1Q/2023
Banks-Insurance

Romania Banking Sector Boasts Record High RON3.4B Profit in 1Q/2023

Net profit at the level of the Romanian banking system at the end of the first quarter of 203 hit a new record high, of almost RON3.4 billion, up around 70% from the gain reported for 1Q/202...

Claudia Medrega · 22.05.2023 · 09:28 · 1 min
Romania Banking System Boasts Record High RON10.2B Profit in 2022
Banks-Insurance

Romania Banking System Boasts Record High RON10.2B Profit in 2022

Net profit generated by the Romanian banking system at end-2022 hit a record high of RON10.2 billion, up 24.4% from the 2021 gain.

Claudia Medrega · 24.02.2023 · 09:20 · 1 min
Romania Banking System Reports Record Net Profit Of RON2B For 1Q/2022
Banks-Insurance

Romania Banking System Reports Record Net Profit Of RON2B For 1Q/2022

The net profit generated by the entire Romanian banking system at the end of the first quarter of 2022 touched a new record high of RON1.96 billion, up 3.7% from the level reported in the sa...

Ecaterina Craciun · 31.05.2022 · 13:48 · 1 min
1,044 Bankers Left System and 184 Branches Closed Down in One Year
Banks-Insurance

1,044 Bankers Left System and 184 Branches Closed Down in One Year

A number of 1,044 employees left the Romanian banking system and 184 subsidiaries and branches closed down in the period between the first nine months of 2020 and the first nine months of 20...

Claudia Medrega · 30.11.2021 · 10:35 · 1 min
Romania Banking System Hits Record Profit Of RON6.4B In Jan-Sept 2021, Up 36% YoY
Banks-Insurance

Romania Banking System Hits Record Profit Of RON6.4B In Jan-Sept 2021, Up 36% YoY

The net profit generated by the entire Romanian banking system at the end of the first nine months of 2021 reached a record high of around RON6.4 billion despite the pandemic, up over 36% fr...

Claudia Medrega · 23.11.2021 · 10:44 · 1 min
Ranking Of Most Profitable Large Banks in Romania in 1H/2021: Top Three Banks Post RON2.2B Combined Profit
Banks-Insurance

Ranking Of Most Profitable Large Banks in Romania in 1H/2021: Top Three Banks Post RON2.2B Combined Profit

All large banks in Romania reported higher profits for 1H/2020 against the same period in 2020 amid weakening pandemic fallout and declining risk and provision costs, but also in the wake of...

Claudia Medrega · 02.09.2021 · 10:57 · 1 min
Central Bank: Romania’s Banking System Posts RON3.73B Profit In First Five Months Of 2021
Banks-Insurance

Central Bank: Romania’s Banking System Posts RON3.73B Profit In First Five Months Of 2021

Romania’s banking system reached a profit of RON3.732 billion at the end of the first five months of 2021, according to a presentation released by Cristian Popa, member of the Board of Direc...

Ecaterina Craciun · 26.08.2021 · 10:47 · 1 min
Omer Tetik, BT: Romania Can Use The Present Moment As An Opportunity To Relaunch Public Investments In Hospitals, Infrastructure
Banks-Insurance

Omer Tetik, BT: Romania Can Use The Present Moment As An Opportunity To Relaunch Public Investments In Hospitals, Infrastructure

Romania can use the present moment as an opportunity to relaunch public investments in key fields, such as the healthcare system and the infrastructure, considering that the banking system h...

Ecaterina Craciun · 14.04.2020 · 11:51 · 1 min
Romanian Banks Do Better Than EU Banks By Solvency, Profitability But Not Asset Quality
Analysis

Romanian Banks Do Better Than EU Banks By Solvency, Profitability But Not Asset Quality

Romania’s banking system has better prudentiality, solvency, profitability and balance sheet structure indicators than the European average.

Loredana Frățilă-Cristescu · 10.01.2020 · 10:01 · 1 min