“The higher profit was fueled by a groth in net revenues,” the bank said in a statement. “Administrative costs were stable on the year.”
RBL, a unit of Austria’s Raiffeisen Bank International, said new financing rose 45% on the year to RON27 million in 2013.
End-December, overall saving and credit loans reached RON2.8 billion, around 9% higher from RON2.6 billion at the end of 2012. The bank’s active deposits rose 24% to RON325 million.
RBL posted total assets worth RON402.6 million in December 2013, up 18% year-on-year.