Its assets grew 9% on the year in the first quarter to RON40.62 billion.
Loans to customers reached RON26.50 billion, up 14% on the year, the bank said.
Net loans to customers grew 15%, driven mainly by loans to large and medium corporates (which grew 20%), while consumer loans grew 11% in the first quarter.
Customer deposits grew 9% in the first quarter, to RON33.11 billion at the end of March.
Raiffeisen Bank non-performing loan (NPL) rate stood at 4.2% end-March.
Its operating expenses grew 14% on the year in the first quarter, to RON363 million, due to wage raises, tax hikes, costs of implementing new regulations and investments in IT infrastructure and digitization.
Raiffeisen had over 2 million retail customers, around 92,000 SMEs and 5,700 large and medium-sized companies in its portfolio at the end of March.