Raiffeisen's housing bank triples profit in Romania

16 April 2014
Normal

Raiffeisen's housing bank triples profit in Romania

16 April 2014

The housing bank Raiffeisen Banca pentru Locuinte RBL ended 2013 with saving – lending contracts worth some EUR 622 million, up 9 percent against 2012. Its profit tripled, to over EUR 377,000. Deposits went up by a quarter, to some EUR 72.2 million.

The bank had 195,000 clients at the end of 2013, up 10 percent over the 2012 level. Loans went up by 45 percent, to some EUR 6 million. The average financing value for mortgage loans was of EUR 29,000, while for those without guarantees, or only EUR 5,700.

RBL's assets were of EUR 89 million end-2013, a growth of 18 percent year-on-year.

editor@romania-insider.com

Romania Insider Free Newsletters