One of the banks present in the Romanian market that profit over the growth in the retail banking market it seems to be Raiffeisen Bank. With a boost of net profit of 500%, and overall growth of 60% (Steven van Groningen says that in a recent article in "Adevarul" newspaper), the bank managed to outperform the already surprisingly market boost (40%).
In 2004 they had a share of 10% of the Romanian banking sector.
Posted by Mircea : 2/17/2005 03:44:00 pm
Raiffeisen Bank - net profit boost in 2004