The bank posted net profit of 155million lei (EUR35 million) for the first half of the year, as its total costs rose 11% due to higher investments in technology and IT platforms, ING said in a statement.
It said it had gained market share on both the lending and deposit markets compared with the first half of 2014.
The loan portfolio stood at RON12.65 billion at the end of June, up 24% from the year-ago period, so that its share on Romania’s total lending market reached 5.4% versus 4.2% in the first half of 2014.
The attracted resources rose 22% on the year to RON15.94 billion, mainly due to higher deposits from commercial banking and retail customers, the bank said.
The banking income increased 12% to RON487 million, fueled by the improved lending activity.
ING Bank Romania had sustainable growth in the first half of the year in both activity volumes and customer portfolio, said Michal Szczurek, the bank’s chief executive officer. The bank will continue to focus on digital services and develop new banking solutions, he added.