Operating expenses increased by 6%, slower than the inflation, as a result of the moderate increase in administrative expenses of 2%, while depreciation costs decreased by 8%.
Net interest income went up 39% to RON436 million.
The volume of performing loans granted shrank by 2% in the first half of 2023.
The deposit volume grew by 17% in the first half compared with the year-ago period, following a 26% increase in retail deposits. Net loan-to-deposit ratio continued to improve and fell to 115%.
Assets reached RON19.5 billion, 1% lower than in June 2022.
(English version by Loredana Fratila-Cristescu)