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Romanian banks’ profits soar by 35% y/y despite sluggish advance of lending

February 12, 2024

The aggregated profit of the Romanian banking system surged by 35% y/y to a new record (RON 13.7 billion or EUR 2.76 billion) in 2023, Ziarul Financiar announced before the official release from the National Bank of Romania (BNR).

The profitability ratios improved significantly as well, with the...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romanian-banks-profits-2023
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