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Banca Transilvania Wants to Boost Lending and Assets by Around 10% and Profit by 18%, to Over RON2B
Banks-Insurance

Banca Transilvania Wants to Boost Lending and Assets by Around 10% and Profit by 18%, to Over RON2B

Banca Transilvania, the biggest lending institution on the Romanian market by assets, expects to generate RON2.1 billion net profit this year, 18% above the 2021 gain, as it projects rising...

Claudia Medrega · 31.03.2022 · 09:53 · 1 min
Raiffeisen Bank Rakes in EUR173M Profit from Romania in 2021, Up 31.8%
Banks-Insurance

Raiffeisen Bank Rakes in EUR173M Profit from Romania in 2021, Up 31.8%

Austrian group Raiffeisen Bank International reported net profit worth EUR173 million from Romanian operations in 2021, up 31.8% from the 2020 gain.

Claudia Medrega · 22.02.2022 · 10:11 · 1 min
Banca Transilvania Profit Up 58% in First 9 Months of 2021, to RON1.7B vs Year-Earlier Period
Banks-Insurance

Banca Transilvania Profit Up 58% in First 9 Months of 2021, to RON1.7B vs Year-Earlier Period

Banca Transilvania (TLV.RO), Romania’s biggest lending institution, for the first nine months of this year reported consolidated net profit worth RON1.67 billion, against RON1.056 billion in...

Liviu Popescu · 12.11.2021 · 12:20 · 2 min
OTP Profit Slides 65% to RON14M In Jan-Sept 2021 Vs. Year-Earlier Period
Banks-Insurance

OTP Profit Slides 65% to RON14M In Jan-Sept 2021 Vs. Year-Earlier Period

OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, registered consolidated profit after tax worth RON14 million in the first nine months of 2021, down 65% from the...

Claudia Medrega · 08.11.2021 · 11:04 · 1 min
Romania Private Lending Grows 2.1% On Month In July 2021
Banks-Insurance

Romania Private Lending Grows 2.1% On Month In July 2021

Private lending grew by 2.1% in nominal terms and 1.1% in real terms to RON306.590 billion in July 2021 compared with June 2021, central bank data showed Tuesday.

Ecaterina Craciun · 24.08.2021 · 12:52 · 1 min
Romania Private Lending Grows 0.9% on Month in May
Banks-Insurance

Romania Private Lending Grows 0.9% on Month in May

Private lending in Romania grew 0.9% in nominal terms and 0.4% in real terms in May compared with April, to RON296.269 billion, central bank data showed Wednesday.

Oana Gavrila · 23.06.2021 · 12:27 · 1 min
Romania Private Lending Grows 1% On Month In April 2021
Banks-Insurance

Romania Private Lending Grows 1% On Month In April 2021

Private lending in Romania grew 1% in nominal terms and 0.6% in real terms in April 2021 compared with March 2021, to RON293.559 billion, central bank data showed Thursday.

Ecaterina Craciun · 27.05.2021 · 11:44 · 1 min
Romania Private Lending Grows 1.8% on Month in March
Banks-Insurance

Romania Private Lending Grows 1.8% on Month in March

Private lending in Romania grew 1.8% in nominal terms and 1.4% in real terms in March compared with February, to RON290.569 billion, central bank data showed Tuesday.

Oana Gavrila · 27.04.2021 · 12:29 · 1 min
Romania Private Lending Grows 0.7% on Month in February
Banks-Insurance

Romania Private Lending Grows 0.7% on Month in February

Private lending in Romania grew 0.7% in nominal terms and 0.3% in real terms in February compared with January, to RON285.543 billion, central bank data showed Tuesday.

Oana Gavrila · 23.03.2021 · 10:37 · 1 min