Romania's banking sector has strong solvency and a 28% increase in loan extension in 2024.
Romania's banking sector exhibits strong solvency, with key indicators surpassing EU averages, according to Florin Danescu of the Romanian Banks Association. However, it struggles with financial intermediation. In the first eight months of 2024, banks extended RON 114 billion in loans, marking a 28% increase from 2023. The banking system maintains a robust capital stance, with a solvency ratio of 24.05% and a liquidity coverage ratio of 286.05%, ensuring stability for future lending.
October 21, 2024
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