Romania’s Banking System Makes Over RON10B Profit In Jan-Sep, As Much As In Entire 2022

11.22.2023 By Claudia Medrega

The significant rise in banks’ revenue along with the rise in interest rates and continued lending helped Romania’s banking system make a record net profit of more than RON10 billion (EUR2 billion) in the first nine months of 2023, more than 40% higher than the nine-month profit in 2022 and as much as the entire profit of 2022.

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