ING’s assets grew by 14.1% to RON71.4 billion at the end of March.
The lender has been seeing deposits grow faster than the loan portfolio for a while now, as a result of persistent inflation and relatively high interest rates.
Risk provisioning costs remained at a low level of around RON58 million but were higher than in the same period last year.
(English version by Loredana Fratila-Cristescu)