Romania-Insider.com: Banks see record profit

The lenders’ total assets also reached a record level of RON 406.4 billion (EUR 89 billion) during this period, supported by lending growth, reports local Ziarul Financiar.

The local banking system recorded a profit of RON 1.24 billion in the first quarter. This grew to RON 2.7 billion by the mid of this year and the growth trend continued in the third quarter. If banks record comparable profits in the last three months of this year, 2017 could bring a record high in the banking system.

 

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