Its profit was three times higher than the planned level, as per the bank’s financial report.
Its total revenues reached RON3.69 billion in 2021, which indicates a degree of achievement of 143.5% compared to the budget provisions, an evolution registered mainly due to an increase in revenues from foreign exchange and interest operations.
“This development was partially offset by the lower level of revenues from securities transactions compared to budget estimates, due to the effect of the market price, from sales of securities denominated in foreign currency,” the report reads.
The bank’s equity grew by 25% compared to end-2020, up to RON32.7 billion.
Its operating profit stood at RON2.4 billion in 2021, up 5% versus 2020, due mainly to an increase in profit generated by FX-denominated assets and liabilities.
At end-2021, the central bank had total assets of RON258 billion, as compared to RON231 billion in 2020.