The bank ended the first half in the red, with a RON38,000 minus, from RON10.3 million profit in the first half of 2021.

At the level of Idea Bank group, operating revenues went up by 8% to RON91 million, while the final result was a RON420,000 loss, from net profit of RON11 million in 1H/2021.

The group had a profitable activity in the first five months of 2022, namely a RON11.3 million profit.

Idea Bank operates exclusively online, in line with its digital transformation strategy.

The total value of the loan portfolio stands at RON1.5 billion, down 18% from December 2021, while deposits amount to RON222 million, down 91%.

(English version by Catalina Apostoiu)