Fall in non-performing loan rates in Romania

Significant Decrease in Loan Rates Recorded in the Country at the End of September 2023
erstegroup.com
Another important indicator, solvency, showed a positive evolution,

According to data provided by the National Bank of Romania (NBR), the non-performing loan rate in the country recorded a significant decrease at the end of September 2023, standing at 2.61%. This is an improvement compared to the figures of 2.65% in June 2023 and 2.82% in September 2022.

In September 2023, Romania was home to 32 credit institutions, eight of which were branches of foreign banks. The total assets of these institutions reached RON 757.3 billion, an increase of RON 78 billion compared to the same period last year, reports Agerpres

Private capital institutions accounted for 87.1% of total assets, while foreign capital institutions contributed 66.6%.

Another important indicator, solvency, showed a positive evolution, increasing to 22.3% in June 2023, compared to 21.52% at the end of September 2022.

These data indicate a stable and generally improving financial sector in the country, reflecting effective risk and loan portfolio management.

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