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Romania's banking system posts 6.392bn lei in 2019 net profits, down 7.2pct from 2018

Romania's banking system turned a net profit of 6.392 billion lei in 2019, down 7.2pct from end- 2018, when it reported 6.892 billion lei, while its total assets in net value amounted to 495.3 billion lei, according to data with the National Bank of Romania (BNR) . BNR data show that 24 out of 34 banks turned a profit in 2019, and 10 were in red.Interest income amounted to 18.817 billion lei, and commission income was 4.161 billion lei. Interest expenses totalled ...

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