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Romania’s Banking System Posts Some RON4.7B Profit in Jan-Sept
Banks-Insurance

Romania’s Banking System Posts Some RON4.7B Profit in Jan-Sept

Banks in Romania posted about 4.7 billion lei profit in the first nine months of 2020, their assets reached a new high, while the loan-to-deposit and NPL ratios went down compared with the y...

Loredana Frățilă-Cristescu · 19.11.2020 · 09:16 · 1 min
Top Ten Lenders in Romania Make RON2.67B Profit in H1
Banks-Insurance

Top Ten Lenders in Romania Make RON2.67B Profit in H1

The top ten lenders in Romania by assets posted 2.67 billion lei net profit together in the first half, lower than in the first half of 2019, and accounting for 95.3% of the profit of the en...

Loredana Frățilă-Cristescu · 03.09.2020 · 11:07 · 1 min
Lenders’ Margin Rises 5.76% in June
Banks-Insurance

Lenders’ Margin Rises 5.76% in June

Banks in Romania had a margin (spread between interests on new leu loans and the interests on new leu deposits) of 4.91% to 6.31% in the first half, down from the first half 2019, but compar...

Loredana Frățilă-Cristescu · 31.08.2020 · 09:35 · 1 min
Romania’s Banking System Posts RON2.8B Net Profit in H1
Banks-Insurance

Romania’s Banking System Posts RON2.8B Net Profit in H1

Romania’s banking system posted about 2.8 billion lei net profit in the first half and assets rose to a new peak, RON518.5 billion, following an average increase by 6% in lending, Romania’s...

Loredana Frățilă-Cristescu · 26.08.2020 · 09:11 · 1 min
Romania’s Banking System Net Profit Reaches RON1.6B, Assets Up to Over RON500B in Q1
Banks-Insurance

Romania’s Banking System Net Profit Reaches RON1.6B, Assets Up to Over RON500B in Q1

Romanian banking system’s net profit reached some RON1.6 billion at the end of the first quarter and assets increased to a peak of RON518.4 billion, while lending increased by 7.1% on averag...

Loredana Frățilă-Cristescu · 29.05.2020 · 10:30 · 1 min
Romania’s Banking System Profit Down to RON5B in Jan-Sept
Banks-Insurance

Romania’s Banking System Profit Down to RON5B in Jan-Sept

Romania’s banking system posted about 5 billion lei (over EUR1 billion) net profit in the first nine months and the assets reached a new high of almost RON473 billion, as lending increased b...

Loredana Frățilă-Cristescu · 22.11.2019 · 10:52 · 1 min
Ten Most Profitable Banks in Romania Posted RON6.6B Profit in 2018, Triple 2009 Level
Banks-Insurance

Ten Most Profitable Banks in Romania Posted RON6.6B Profit in 2018, Triple 2009 Level

The ten most profitable banks in Romania posted 6.64 billion lei (EUR1.39 billion) profit last year, 3.5 times higher than their profit a decade ago, in 2009, Trade Register data supplied to...

Loredana Frățilă-Cristescu · 13.11.2019 · 10:38 · 1 min
Banca Transilvania and ING Leaders by Personnel Spending Increase in 2009-2018
Banks-Insurance

Banca Transilvania and ING Leaders by Personnel Spending Increase in 2009-2018

Banca Transilvania, which became the largest lender on the local market in 2018, following takeover of Volksbank and Bancpost, is also the leader by number of employees and personnel spendin...

Loredana Frățilă-Cristescu · 05.11.2019 · 09:36 · 1 min
Banca Transilvania, BRD-SocGen And ING Most Profitable Banks in H1
Banks-Insurance

Banca Transilvania, BRD-SocGen And ING Most Profitable Banks in H1

Banca Transilvania, the largest bank in Romania by assets, was also the leading lender by profit in the first half, followed by BRD-SocGen and ING Bank.

Loredana Frățilă-Cristescu · 09.09.2019 · 00:00 · 1 min