RON 13.5 bn end-of-2023 profit for Romanian banking sector

The Romanian banking sector's profit was RON 13.5 billion at the end of 2023, 34.3 percent higher compared to 2022, amid the upward evolution of the operating profit, as a result of the increase in net interest income and the low level of adjustments for expected credit loss net expenses, shows the 2023 Annual Report released on Thursday by the National Bank of Romania.According to the cited source, out of a total of 32 credit institutions (including the ...

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