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LENDING

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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
BCR 2022 Budget: 7.7% Higher Revenues, around 11% Lending and Profit Growth
Banks-Insurance

BCR 2022 Budget: 7.7% Higher Revenues, around 11% Lending and Profit Growth

BCR, the second biggest bank in Romania by assets, expects operating revenues, profit and assets to increase in 2022, amid stronger lending.

Claudia Medrega · 20.01.2022 · 10:05 · 1 min
Most Profitable Large Banks in Romania in Jan-Sept 2021: Top 3 Banks Hit RON3.5B Cumulated Profit
Banks-Insurance

Most Profitable Large Banks in Romania in Jan-Sept 2021: Top 3 Banks Hit RON3.5B Cumulated Profit

Most large banks reported rising profits in the first nine months of 2021 compared with the same period of 2020 amid the waning fallout of the coronavirus crisis and the declining risk charg...

Claudia Medrega · 01.12.2021 · 10:19 · 1 min
ING Bank Ends 3Q/2021 with RON630M Net Profit, Up 42% from 3Q/2020
Banks-Insurance

ING Bank Ends 3Q/2021 with RON630M Net Profit, Up 42% from 3Q/2020

ING Bank ended the third quarter of this year with total revenues worth RON1.7 billion, up 9%, and net profit of RON630 million, 42% higher than in the same period of 2020.

Roxana Dumitru Rosu - Mediafax · 25.11.2021 · 10:51 · 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
BRD Hits RON920M Net Profit in First 9 Months of 2021, Up 25% from Year-Earlier Period
Banks-Insurance

BRD Hits RON920M Net Profit in First 9 Months of 2021, Up 25% from Year-Earlier Period

BRD-Societe Generale ended the first nine months of 2021 with net banking income worth RON2.3 billion, up 1.2% from the same period of 2020, and RON920 million profit, up 25%.

Roxana Dumitru Rosu - Mediafax · 04.11.2021 · 10:51 · 1 min
Raiffeisen Bank Hits RON645M Net Profit in First 9 Months of 2021, Up 11% YoY
Banks-Insurance

Raiffeisen Bank Hits RON645M Net Profit in First 9 Months of 2021, Up 11% YoY

Raiffeisen Bank registered net profit worth RON645 million in the first nine months of 2021, 11% higher than in the same period of 2020.

Roxana Dumitru Rosu - Mediafax · 03.11.2021 · 10:14 · 1 min
BCR Ends First 9 Months of 2021 with RON1.1B Net Profit, Up 35% from Year-Earlier Period
Banks-Insurance

BCR Ends First 9 Months of 2021 with RON1.1B Net Profit, Up 35% from Year-Earlier Period

Lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, on Tuesday reported net profit of RON1.14 billion (EUR232.5 million) for the first nine months of 2021, 35% higher than...

Roxana Dumitru Rosu - Mediafax · 02.11.2021 · 11:04 · 1 min
Romania Private Lending Grows 1.4% on Month in June
Macroeconomics

Romania Private Lending Grows 1.4% on Month in June

Private lending grew by 1.4% in nominal terms and 1.1% in real terms to RON300.3 billion in June compared with May, central bank data showed Wednesday.

Loredana Frățilă-Cristescu · 23.07.2021 · 14:17 · 1 min