The still high interest and the continuation of the lending led the profit at the level of the Romanian banking system at a record of about 14.8 billion lei in 2024, increasing by 8% compared to 2023, according to the NBR data. And the assets of the banks climbed to a peak of about 882 billion lei, provided that the lending has recovered. The interest collected by banks on loans are the main source of profit. The lending increased with an average rate of about 7% last year, comparable to the average speed of 2023. The economy had an anemic advance of less than 1%. The profitability of assets (ROA) and capital profitability (ROE) were at the end of 2024 of 1.68%, respectively 18.38%, in slight decrease compared to the levels of 2023. In view of the level of ROA and assets, a profit of 14.8 billion for the banking system in 2024. The profit was 3.7 bill. The record earnings from 2024 comes after in 2023 the banks had a profit of 13.7 billion lei, and in 2022 the profit was 10 billion lei. The assets at the level of the Romanian banking sector climbed at the end of last year to almost 882 billion lei, up about 78 billion lei, respectively 10% compared to the level of 2023, according to statistics from the NBR.
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