Romanian banks’ profits exceed EUR 2 bln, resulting in 21% ROE in Jan-Sept

Romania’s 32 banks achieved an aggregated net profit of RON 10.4 billion (nearly EUR 2.1 billion) in January-September 2023, which is 16% of their equity, resulting in an annualised return on equity (ROE) of 21.3%, far above the 16.4% posted in 2022 and 13.3% in 2021.   The annualised return on assets (ROA) was 1.9%, up from 1.5% in 2022 and 1.36% in ...

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