Romanian banking system

CEC Bank ended last year with a gross profit of RON 222.7 million, 14 times higher than in the previous year, when reported a gross profit of RON 15.8 million, thus recording the best financial performance in the last ten years, following…

Potential new risks to financial stability arise from the high exposure of banks to the Romanian sovereign and to the real estate sector, banks’ funding in foreign exchange (FX), and the fast growth of non-bank financial lenders,…

Romanian banking sector ended last year with the best performance of all time. It recorded a net profit increasing by more than 30 percent compared to 2016, the highest in history, regardless reporting currency, RON or EUR, digi24.ro…

The Romanian banks have become the most profitable in Europe, as the return on equity (ROE) reached 15.6% at the end of the first quarter, double than the European average, according to the latest statistics released by the European Banking…

The National Bank of Romania (BNR) posted a net profit of over RON 124.63 million last year, down by 84 percent compared to the previous year, of RON 783.449 million, according to a report published by the central bank. At the same time,…

The 37 banks active on the Romanian market ended 2016 with net assets of RON 393.9 billion (EUR 86.7 billion) and total cumulative profits of RON 4.33 billion (EUR 954 million), due to lower non-performing loans, National Bank of Romania…

Banks operating on the Romanian market recorded in the first half of this year, a profit of EUR 531 million, Raiffeisen Bank report shows on Monday, using National Bank of Romania (BNR) data. The NPL ratio, one of the main burdens for…

After 2014 was o year of record losses and 2015, the best profitability after the crisis, 2016 seems to be a good year for banks, considering the results of the first quarter. Thus, at end-March, the net profit of the banking system stood…

Romanian banking system profitability stood at 13.2 percent at the end of last year, double than the EU average recorded in September and provisioning coverage of NPLs stood well above the European average, at 58 percent, compared to about…

After years of losses, the local banking system returned to profit, 2015 being the best year after the crisis for financial institutions' shareholders. According to central bank preliminary data, the assets of the Romanian banking system…