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Banks Paid More Than RON640M Corporate Tax In 2017
Banks paid 641.5 million lei (EUR138 million) corporate tax in 2017, double as much as budgeted for last year and as paid in 2016. The banks’ corporate tax in 2017 was the highest in seven y...
Romania’s Banking System Profit Up To More Than RON4B In Jan-Sep
Romania’s banking system posted about 4.14 billion lei (some EUR910 million) net profit in the first nine months and assets rose to a peak of RON406.4 billion, driven by the rise in lending,...
Top Five Banks Post More Than RON3B Profit In Jan-Sep
The five largest banks in Romania by assets posted more than 3 billion lei (EUR647 million) profit in the first nine months of this year, about 2% higher than in the year-ago period, accordi...
ING Bank Takes Top Spot On Primary Dealers Market In H1
ING Bank, the seventh largest lender in Romania by assets, climbed to the top spot of the ranking of primary dealers in the first half. Previous leaders were Raiffeisen Bank (2016) and Banca...
Romania’s Banking System Most Profitable In Europe
The banks in Romania have become the most profitable in Europe, as the return on equity (ROE) reached 15.6% at the end of the first quarter, double the European average, statistics of the Eu...
Czech Lender and Investment Manager In Race To Buy Marfin Bank Romania
Czech Republic-based Expobank, held by a Russian investor, Igor Kim, as well as an investment management company in London, Argo Capital Management, together with Duet Private Equity, are in...
Most Profitable Banks In Romania In 2016
Banca Transilvania kept its leading position by profits on the local banking market in 2016, followed by BCR and BRD-SocGen. Fourth leading bank by profit was ING Bank, while Raiffeisen and...
27 Lenders In The Black And 10 In The Red In 2016
Almost three quarters of the lenders in Romania posted profit in 2016, an improvement on 2015, Romania’s central bank data show.
Banks In Romania See Second Highest Profits Since Start Of Crisis
Romania’s banking system posted 4.3 billion lei (EUR951.5 million) net profit in 2016, the second highest annual profit since the onset of the economic crisis.