The BNR official said during a seminar organized by Alpha Bank that in the January-September period the bank’s portfolio had maintained a positive position, with unpaid credits and the sums obtained from litigations representing only 0.57% of total financing. According to Georgescu banks improved their profitability by 1.3 percent even though many reduced their interest rates.
At the same time an improved dynamic of bank assets (33.1%) was registered compared with that for private funds (24.4%) but solvency maintained at a high level at 19.3%, 7.3% over the minimum limit required by BNR.
In the analyzed period banks assured resources mainly by attracting external funds, credits and deposits from banks registering a 41.3% increase compared with the deposits attracted from the population and companies, whose advance was limited to 18.6%.
Foreign currency gained ground compared with credits for the population, representing half of all financing but decreased in the companies sector, from 67% to 64%.
