The stock of loans has remained steady over the past quarters but the share of bad loans has increased significantly diminishing the volume of revenue-generating loans. Depending on the methodology, the bad loans account for some 30% of total loans [loss and doubtful loans], 25% [loss-type loans] or 19% [standard NPL rate calculated by the central bank]. Amid this difficult situation, the banking system have still managed to achieve profits in Q113 after record losses in Q412. Their business...
Keep on reading: Romania’s banks struggle to remain profitable while their business remains steady
Keep on reading: Romania’s banks struggle to remain profitable while their business remains steady
