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Romania’s Banking System Sees RON2.77B Profit in H1
Banks-Insurance

Romania’s Banking System Sees RON2.77B Profit in H1

The net profit of the Romania’s banking system reached about 2.77 billion lei (EUR586 million) at the end of the first half, while assets rose to a new high of RON458.8 billion, as lending w...

Loredana Frățilă-Cristescu · 21.08.2019 · 00:00 · 1 min
ING, Banca Transilvania and Garanti Highest Paying Banks Among the Top Ten in Romania
Banks-Insurance

ING, Banca Transilvania and Garanti Highest Paying Banks Among the Top Ten in Romania

ING Bank, Banca Transilvania and Garanti Bank are the top ten lenders in Romania that also pay the highest salaries to their employees.

Loredana Frățilă-Cristescu · 12.07.2019 · 09:55 · 1 min
Romania’s Most Profitable Banks Account for 95% of Banking System Profit
Banks-Insurance

Romania’s Most Profitable Banks Account for 95% of Banking System Profit

BRD, Banca Transilvania and BCR are the top profit makers among banks in Romania in 2018. The ten most profitable banks also include two that are not among the top ten by assets: Eximbank an...

Loredana Frățilă-Cristescu · 25.06.2019 · 09:55 · 1 min
Top Five Banks in Romania See Almost RON1.4B Profit in Q1
Banks-Insurance

Top Five Banks in Romania See Almost RON1.4B Profit in Q1

The largest five actors on the Romanian banking market, Banca Transilvania, BCR, BRD-SocGen, UniCredit and Raiffeisen Bank remained profitable in the first quarter of 2019, and their cumulat...

Loredana Frățilă-Cristescu · 17.05.2019 · 10:08 · 1 min
Banks’ Margin for Loans to Consumers in Romania Still High at 6%-7% in 2018
Banks-Insurance

Banks’ Margin for Loans to Consumers in Romania Still High at 6%-7% in 2018

Local banks had a high lending margin (the difference between the interest on new loans and on leu deposits) for retail customers of 6% to 7% in 2018.

Loredana Frățilă-Cristescu · 01.02.2019 · 10:07 · 1 min
Top Ten Banks In Romania Account For 83.2% Of Banking System Assets
Analysis

Top Ten Banks In Romania Account For 83.2% Of Banking System Assets

The top ten ranking of the banking market in Romania saw two significant changes last year, though no new names climbed into it.

Loredana Frățilă-Cristescu · 02.07.2018 · 00:00 · 1 min
Lenders’ Interest Income Sees Double-Digit Growth In Q1
Banks-Insurance

Lenders’ Interest Income Sees Double-Digit Growth In Q1

Romania’s banking system reaped the rewards of the rise in inflation and interbank rates in the first quarter, so all major players posted significant growth of 8% to 22% of the net interest...

Loredana Frățilă-Cristescu · 31.05.2018 · 11:17 · 1 min
Major Banks Did Better Than Romania’s Economy In Q1
Banks-Insurance

Major Banks Did Better Than Romania’s Economy In Q1

The largest local banking groups posted 25% to more than 120% higher net profit in the first quarter compared with the year-ago period, while overall lending increased by 6% and the economic...

Loredana Frățilă-Cristescu · 21.05.2018 · 10:56 · 1 min
Romania’s Banking System Posts Record Profit In 2017
Banks-Insurance

Romania’s Banking System Posts Record Profit In 2017

Romania’s banking system posted about 5.6 billion lei (some EUR1.2 billion) net profit in 2017 and assets increased to a peak of RON427.4 billion (EUR94 billion), driven by the rise in lendi...

Loredana Frățilă-Cristescu · 19.02.2018 · 00:00 · 1 min