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ING Bank Romania's gross profit rises 11% y/y in Q1


ING Bank Romania s gross profit rises 11% y/y in Q1
Mihaela Bitu - ING Romania CEO
BUCHAREST (Romania), May 25 (SeeNews) - The gross profit of ING Bank Romania rose by an annual 11% to 183 million lei ($46 million/37 million euro) in the first quarter of 2021, the lender said on Tuesday.
Provision costs fell 19% year-on-year in the first three months of 2021, to 96 million lei, ING Bank Romania said in a press release.
The bank s revenues added an annual 2% in January-March, reaching 544 million lei.
Profitability increased this quarter, and demand for mortgages and personal need loans returned to pre-pandemic levels. At the same time, we notice a higher appetite for investment diversification and for the use of digital payment methods, ING Bank Romania CEO Mihaela Bitu said. ....

Mihaela Bitu , Bank Romania , மீஆெழ பிட்டு , வங்கி ரோமானியா ,

Leaders To Watch | Mihaela Bitu (ING Romania): Digitalization, the best bet for ING Bank

Last year marked important milestones for the entire banking sector, raising new obstacles as well as new opportunities. In this context, ING Bank Romania ....

Mihaela Bitu , மீஆெழ பிட்டு ,