CEC Bank reported a net profit of 355 million RON in 2021, going up by 5.12% from the previous year, and assets have gone up by 22.7% and exceeded the threshold of 50 billion RON, according to the bank's results.Last year, net income from interest reported by CEC Bank summed up 1.1 billion RON and remained stable when comparing with the previous year, while net income from fees has gone up by 11.4%, to the value of 297.5 million RON.CEC Bank's net profit has gone up in 2021 to 355 million RON (estimated, currently being audited), which has gone up from 337.7 million RON in 2020.According to the quoted source, the total portfolio of loans granted to non-banking customers (account balance) has gone up by 17% in 2021 (over market average of 14.8%) to up to 26.9 billion RON.At the same time, deposits attracted from clients have gone up by 20.8% from year to year to year (41.9 billion RON), with a share of approximately 70% of the population segment.The data communicated by the bank shows that in 2021 it has granted 6,700 new mortgage loans, with a value of over 1.7 billion RON (+53% from 2020), approved approximately 850 investment loans, of over 3.3 billion RON (+133%) and supported over 8,000 companies with financing for current activity, with a value of over 5.7 billion RON.According to the results, the rate of non-performing loans registered a level of 5.28%, with a slight decline from 5.52% registered at the end of 2020.Founded in 1864, CEC Bank currently has the most extended national network, with over 1,000 branches and territorial units with assets that exceeded 50 billion RON at the end of 2021.
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
Cătălin Chimir, founder and managing director of construction management company SENARIA, discusses the challenges and opportunities in Romania’s construction and real estate sectors and shares valuable insights on how to maximize project profitability and avoid common mistakes. Despite a stable demand for development, the Romanian construction market remains fragile due to factors like labor shortages, […]
Hoinar.Odyssey, the eighth edition of the classical music festival, explores in 2025 the theme of travel. It proposes a concept that brings together classical music, jazz, electronic sounds, contemporary theater, a musical, and new literature. The event, scheduled to take place between May 15 and May 20 at the ACT Theatre and the Romanian Athenaeum, […]
