Banks' ranking in 2010 - financiare.ro
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News » February, 2011 » 17 February 2011

Banks' ranking in 2010
17.02.2011, 08:02 | Finance-Banks | 1127 views



Last year the overall assets in the Romanian banking system rose by just 3.5% - the lowest increase in the last decade. The economic crisis also took its toll on the balance sheets of banks, which had to boost provisions and even remove loans from their balance sheets because they knew they would never recoup them.

As of December 31st 2010 banks' assets amounted to 342 billion lei (80 billion euros), with BCR and BRD vying for the top position, just as 10 years ago, and being followed by a whole range of banks whose assets were cut in half.

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