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Report: One in ten small banks will disappear in the 5 years

Banking system in Romania evolved strongly in 2018 and over the last years. In terms of profit, 2018 brought a record high for Romanian banks. In fact, over the past few years, the top line performance and profitability was above the European average, shows a AT Kearney report. Despite previous more pessimistic views, 2018 brought a growth in loan stock of 4 percent and new loans production or 6 percent across segments (retail, corporate) – in companies ...

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