The bank reported profit worth RON501 million (EUR113 million) last year, the biggest gain reported by a local bank. Only 17 banks had positive figures last year and 23 reported losses.

Raiffeisen is one of the few banks in Romania set to pay dividends from 2014 profit. Banca Transilvania, which reported the second biggest profit on the market in 2014, announced it would use the bulk of its RON448 million gain to raise its capital.

BRD, the second largest local bank by assets, will not disburse dividends from 2014 profit, either. The bank reverted into the black in 2014, after two years of losses, but the gain stood at just RON43 million.

Among large banks, only ING and UniCredit reported profit, but have not specified whether they would pay shareholders dividends.

State-run CEC Bank has not reported 2014 figures, yet, but if it generated profit it is most likely to be used to raise capital.

Unlike most large banks, Raiffeisen has paid dividends worth around RON1.4 billion since 2009.

(English version by Catalina Apostoiu)