Romania: CEC triples profit in H1, overtakes Raiffeisen as fifth largest (...)

September 18, 2023

CEC triples profit in H1, overtakes Raiffeisen as fifth largest Romanian bank by assets
Sep 18, 2023

CEC triples profit in H1, overtakes Raiffeisen as fifth largest Romanian bank by assets.

Romanian state-owned lender CEC Bank recorded an estimated, unaudited net profit of RON 369.4 million (EUR 74 mln) in the first half of 2023, more than three times larger compared to the same period in 2022. The bank continued to strengthen its market position, and its assets increased by (...)

[Read the article in Romania Business Insider]

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