Raiffeisen Bank Romania announced on Thursday having recorded a net profit of 1.2 billion RON in 2022, by 56 percent higher than in the previous year, and a 22 percent increase in total revenues to 3.2 billion RON, according to Agerpres.

The bank’s total assets topped the threshold of 60 billion RON, advancing 5 percent year-over-year. The bank’s net balance of loans reached 39.5 billion RON, by 22 percent more compared to the end of 2021. Customer deposits totaled almost 50 billion RON in 2022, similar to the level in 2021. Operating expenses reached approximately 1.5 billion RON, up 14 percent year-over-year.

Raiffeisen Bank, a leading universal bank, has been active in Romania for over 25 years now, serving over 2.3 million customers – individuals and legal entities. The bank has 4,930 employees in 291 units, operates 1,130 ATMs and MFMs and 27,000 POS terminals. All the aforementioned financial figures are in accordance with the International Financial Reporting Standards (IFRS) and RBI Group’s Management Reporting Standards (MIS).

Agerpres