Assets peaked at RON602.7 billion as lending grew by an average 9.5% rate.
This was the best nine-month profit for banks.
The gain of the first 9 months of 2021 topped the Romanian banking system’s profit for the full-year 2020 and 2019.
Should banks get good results in the last quarter of 2021, the banking system’s profit for the full-year 2021 could climb to a record high, heading towards RON9 billion.
The overall profit of Romania’s three biggest banks, Banca Transilvania, BCR and BRD, respectively, totaled RON3.5 billion in January-September 2021, above the 2020 level, accounting for more than half of the entire profit of the banking system.
(English version by Catalina Apostoiu)