A quick peek into Romania’s economy and banking figures

The banks derived an aggregate profit of EUR 28mn in Q1, according to IntelliNews calculations. The aggregate profit was close to zero in the final quarter of last year, according to adjusted data, while the banks incurred losses of EUR 181mn in full 2011 - compared to a combined loss of EUR 79mn reported the under preliminary [unrevised] data. The Romanian banks also posted an aggregate loss of EUR 123mn in 2010. These are only a few of the findings in the new Intellinews Romania Country...

Keep on reading: A quick peek into Romania’s economy and banking figures