Raiffeisen Bank Romania reports 31.8% higher earnings in 2021
Austrian group Raiffeisen Bank International reported a net profit of EUR 173 mln for its operations in Romania last year, up 31.8% from 2020, according to preliminary figures subject to final evaluation by Raiffeisen's supervisory board.
Andrei Chirileasa · Journalist
· Updated · 1 min read
Austrian group Raiffeisen Bank International reported a net profit of EUR 173 mln for its operations in Romania last year, up 31.8% from 2020, according to preliminary figures subject to final evaluation by Raiffeisen's supervisory board.
The final financial results for 2021 will be announced in March.
Raiffeisen Bank Romania, a top 5 player, is one of the local banks that has been profitable even in the previous financial crisis, which began more than a decade ago.
Raiffeisen Bank's loan portfolio in Romania reached EUR 6.7 bln at the end of 2021, 12.1% up from the end of 2020, according to the preliminary data published by the Austrian group.
(Photo: Lenutaidi/ Dreamstime)
