ING BANK
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ING Bank Romania Posts 19% Higher Profit In First Quarter
ING Bank Romania reported a net profit of 82 million lei (EUR18.6 million) for the first quarter, up 19% on the year, the lender said in a statement Thursday.
ING Bank Profit Up 19% To RON340M In 2014
ING Bank Romania Wednesday said its gross profit rose 19% on the year in 2014, to 340 million lei (EUR76.4 million), from RON287 million a year earlier, while provision costs fell 40% to RON...
ING Bank: BNR To Miss 2014 Inflation Target
Romania’s central bank will likely miss its inflation target for 2014 as consumer prices are expected to rise once the positive effects of the good farm output last year subside, a senior ec...
ING Romania Pretax Profit Falls To RON216M In 2013
ING Bank Romania Thursday said its pretax profit slid 7% on the year to 216 million lei (EUR48 million) in 2013, largely due to higher investment costs with technology and product developmen...
ING Sees Romania’s Growth Potential At 4%-5% By 2020
Romania’s economic performance is above the region average and the country could reach a growth potential of 4% to 5% a year until 2020, the head of ING Bank Romania said Wednesday.
Transelectrica Secures RON35M Revolving Loan To Finance Activity
Romanian state-run power grid operator Transelectrica (TEL.RO) has secured a revolving loan of up to 35 million lei (EUR7.86 million) from ING Bank to finance operations, the energy company...
Raiffeisen Becomes Romania's Most Profitable Bank In 2012
Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit.
ING Bank Pretax Profit Jumps 44% To Record RON232M In 2012
ING Bank Romania Wednesday said its pretax profit rose 44% on the year to a record 232 million lei (EUR53.2 million) in 2012, fueled by higher loans.
ING: Positive Markets Could Make Romania Less Compliant With IMF Requirements
The recent uptick on Romania’s financial markets might make the government more reluctant to accept difficult reforms requested by the International Monetary Fund, and this could complicate...