Assets climbed to a peak of over RON835 billion amid a slowing average pace of lending, of around 5.6% year-on-year.
This was the best first half in recent years for banks.
ROA and ROE stood at 1.82 and 20.1, respectively at the end of H1/2024, slightly down from the levels of H1/2023.
In the first quarter of 2024, banks’ profit amounted to RON3.7 billion and by mid-year the banks managed to double their gain.
Should the first-half pace maintain, the high interest rates and lending revival can drive banks’ profit to a new record high at end-2024, of around RON15 billion, after the RON13.7 billion record of 2023 and the RON10 billion level of 2022.
(English version by Catalina Apostoiu)