Raiffeisen Bank closes the first nine months of the year with a profit of 120 million euro

Raiffeisen Bank closed the first nine months of the year with a net profit of 583 million lei (approx. 120 million euro), up 9% compared to the same period in 2019, while total assets increased by 17% to 49.61 billion lei . The bank's net loan portfolio reached 28.39 billion lei (approx. 5.8 billion euro), 3% more than the first nine months of last year, and deposits of customers, individuals and companies, increased by 17% to 40,84 billion lei (approx. 8.38 billion euro), "The new context generated by the pandemic has made attention to costs paramount in the bank's activity this year, and operating expenses have remained at the same level, compared to the same period in 2019.