CEC Bank recorded a net profit of RON 304.1 million in the first half of 2025, up 12.8% compared to the same period last year, while at the group level, net profit reached RON 306.2 million, a 9.4% increase year-on-year, according to a press release.

The group’s net assets rose 7% to RON 99.42 billion from RON 93.31 billion in H1 2024. Net interest income grew by approximately 23%, reaching around RON 227 million, driven by higher loan and placement balances. Interest income increased by RON 266 million, while interest expenses also rose by RON 38 million.

Net fee income advanced by 12.3%, or about RON 19 million, mainly due to a 50% increase in fees from the Rural Credit Guarantee Fund (FGCR), reflecting higher-than-expected access to government programs, reaching RON 265 million at group level and RON 238 million at the bank level.

On account of revenue growth and careful expense monitoring, the group’s cost-to-income ratio improved to 49.89% as of June 30, 2025, from 51.65% a year earlier. The bank’s total capital ratio stood at 29.03%, up from 22.38% in June 2024, remaining comfortably above regulatory minimums.

CEC Bank also obtained European Commission approval for a RON 1 billion capital increase to expand banking operations.

In H1 2025, over 42,000 new loans were issued, totaling around RON 5.5 billion. More than 37,000 individuals received financing worth about RON 2 billion for real estate or personal projects. Loan volumes rose 29.6% compared to H1 2024.

Loans to corporate clients exceeded RON 3.5 billion, including over RON 500 million for new customers. Key sectors financed aligned with national and regional programs included agriculture, industry, commerce, and construction.

CEC Bank has outlined eight strategic objectives to enhance its value: financial group development, business growth, operational excellence, modernization, customer experience, performance culture, risk and capital management, and financial inclusion and ESG initiatives. AGERPRES