Banking System Remains Profitable After Five Months, With Net Profit Of RON763M

07.17.2013 By Razvan Voican

Production of new loans did not recover in the first five months of the year, with the ratio of non-performing loans exceeding 20% in May and no spectacular progress in terms of cutting operating costs, but the banking system had a total net profit of 763 million lei at the end of May, according to preliminary data centralized by the central bank. This is a 56% increase on the net result recorded in 1Q.

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Keywords:: loan; , profit; , banks; , solvency

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