BANKING SYSTEM
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Bank Assets Reach All-Time High of RON472.9B in Jan-Sept
The value of assets in the Romanian banking system reached an all-time high of RON472.9 billion in the first nine months of 2019, 6.2% higher compared with the same period in 2018 and 4.8% h...
Erste CEO: Romanian Banking System Works Very Well, Boasts Very Good Banks
The Romanian banking system is doing very well, boasting very good banks, Andreas Treichl, CEO of Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), said Wednesday, in Vi...
Romania Banking System Posts Record Profit Of RON7B In 2018 Vs RON5.3B In 2017
Romania’s banking system ended 2018 with a record profit of RON7.17 billion, compared with a profit of RON5.3 billion in 2017, being the largest annual increase of the last ten years.
Romania Banking System Assets Hit New Record High Of RON451B In 2018
Romania’s banking system reached assets of RON451.1 billion (EUR97 billion) in 2018, a new record high, due to lending growth, central bank data show.
Banks In Romania Post Record Profit Of Over EUR1.2B In Jan-Sept
The lending rebound, the interest hikes and the improvement of portfolio quality helped the banking system in Romania post a record net profit of 5.74 billion lei (more than EUR1.2 billion),...
Romania Banking System Average NPL Rate Grows to 5.77% in July
Romania's banking sector had an average non-performing loan (NPL) rate of 5.77% at the end of July, 0.06 points higher than in June, central bank data showed.
Households Remain Net Creditor Of Banking System In Romania
The still moderate lending pace and a greater interest in savings have allowed Romanian households to remain the net creditor of the banks in the first nine months, as deposits were almost 4...
World Bank: Romanians, Among Europe’s Least Confident In Banking System
Only 20% of Romanians trust banks, compared with approximately 55% of Albanians and 35% of Czechs, as per a new report of the World Bank released on Tuesday.
Romanian Banking System Posts EUR810M Profit In Jan-Sep
Banks in Romania posted 3.65 billion lei (about EUR810 million) net profit in January-September, 1.7 times higher than in the year-ago period. Their assets reached RONB378 billion in Septemb...