The bank’s revenues increased 4% to RON918 million in 2014, from RON883 million in the previous year.
ING Bank Romania operating costs rose 6% to RON507 million in 2014, from RON478 million a year earlier, due to higher investments in technology and IT infrastructure.
ING said total loans advanced 13% on the year to RON11.2 billion in 2014, while deposits increased 8% to RON14.02 billion. Savings increased to 6% from 5.7% a year before.
ING Bank Romania ranks seventh by assets among lenders operating in Romania, with a markets share of 5.73%.
ING Bank Romania is part of Dutch-registered ING Group. The group runs businesses in 50 countries worldwide. (EUR1=RON4.4551)