“The first two months of the year started (…) with the hope of a return to normal after two years of pandemic. Unfortunately, the start of the conflict in Ukraine put us back into an uncertainty area, brining significant economic and social consequences difficult to forecast on medium and long term. We are seeing a more cautious approach of our corporate and individual customers like at the beginnings of the pandemic in 2020,” said Mihaela Bitu, ING Bank CEO.
The banks says the loan volume increased by 21% to RON35.5 billion on the year-ago quarter.
(English version by Loredana Fratila-Cristescu)