What 2009 brought for banks: NPLs, excessive caution, and lower gains
Data provided by the National Bank of Romania (BNR) indicates that lenders posted a profit worth RON 680 million (some €160.8 mln) in the first three quarters of this year, five times less year-on-year. Calculations by Business Standard indicate that banks could register earnings exceeding €185 mln in 2009 from the interest rate spread for ...