Raiffeisen’s housing bank ups profit in Romania
The housing bank Raiffeisen Banca pentru Locuinte (RBL) posted last year a net profit of EUR 384,000, up 4% over the previous year.
RBL managed at the end of 2014 the saving-lending contracts of 217,000 customers, a 10% rise over 2013.
The total value of contracts reached EUR 722.5 million, an increase of 14% from the previous year. Deposits made by customers increased by 34% over 2013.
RBL reported total assets of EUR 118.9 million at end-2014, a 30% growth over 2013.
The value of loans granted by RBL in 2014 reached EUR 7.9 million, almost one third above the previous year.
editor@romania-insider.com