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New Loan Level Highest In Five Years
Last year was a good year for banks, despite legislative turmoil and gloomy forecasts by bankers, so new retail and corporate leu and euro-denominated loans stood at more than 67 billion lei...
More Than Two Thirds Of Romania’s Banking System In The Black In Jan-Sep
More than two thirds of the lenders in Romania posted profit in January-September, an improvement on the year-ago period, and on the end of 2015.
BNR: Conversion Of Swiss Franc Loans Sends Two Lenders Below Minimum Solvency Level
Romania’s central bank (BNR) says that the conversion of the Swiss franc loans at the historical exchange rate could drive the solvency of two banks under the minimum requirement, and in all...
BCR, Banca Transilvania And BRD, Most Profitable Banks In H1
BCR clearly stood out as the profit leader on the local banking market in the first half, followed by Banca Transilvania and BRD-SocGen. Next in the ranking were ING Bank, UniCredit and Raif...
Romania’s Banking System Headed Towards Most Profitable Year Ever
Romania’s banking system posted about 2.4 billion lei (EUR537 million) net profit in the first half so the profit may come close or even be higher than in the last year of economic boom, 200...
Top Three Lenders Made RON1.5B Profit In H1
BCR, BRD-SocGen and Banca Transilvania, the three largest lenders in Romania, posted about 1.5 billion lei (EUR330 million) profit together in the first half, an increase of 50% on the year-...
Romania’s Banking System Sees Almost RON1.2B Profit In Q1
Romania’s banking sector posted 1.17 billion lei (EUR259 million) profit in the first quarter, while assets decreased to RON370.2 billion.
Top Three Banks In Romania Have 3,000 Apartments And Houses For Sale
BCR, BRD and Banca Transilvania, the three largest banks in Romania by assets, are looking for buyers for about 3,000 foreclosed houses and apartments, which they are offering for sale at lo...
Romania’s Banking System Posts EUR1B Profit In 2015
Romania’s banking sector stepped back into the black last year, when it posted about EUR1 billion profit, after the record losses of 2014, central bank data reveal.