Business in Romania blog
The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.



Wednesday, February 23, 2005
Business in Romania blog
Bloombiz published the top of the most powerful (ranked by assets) banks in Romania for 2004.

The COmmercial Bank of Romania (www.bcr.ro) remains on first place with 32% higher than a year before (total assets of about EUR 6 billion). In terms of market share, BCR owns 26%, compared to 29% at the end of 2003.

On second place comes BRD Societe Generale (www.brd.ro), with EUR 3 billion in assets and 13% marketshare.

Raiffeisen is the most dynamic bank as they doubled their assets in one year, reaching a total of about EUR 2 billion. Also, in terms of market share Raiffeisen was on a growing trend, reaching 9,2% in 2004 - up from 6,9% in previous year.

Fourth comes The Romanian Savings Bank, with a market share of 5,9%. ING is on fifth palce followed by ABN Amro.

HVB is up to seventh position (being nineth one year ago), with assets growing by almost 100%. Bankpost is on 8th place, followed by Alpha Bank on nineth and Transilvania Bank is on last place. Tiriac Bank is out of the top.

First five banks in the system own about 60% of total banking assets and the first 10 have about 80%.

Personally, I have a very possitive opinion about ING and their new retail offers. I have been one of their customers for about two months now and I am very pleased by their services.

Posted by Mihai Botea : 2/23/2005 11:22:00 am Top ten banks in Romania
Business in Romania blog
Business in Romania blog


Business Archives

06/01/2004 - 07/01/2004
08/01/2004 - 09/01/2004
09/01/2004 - 10/01/2004
10/01/2004 - 11/01/2004
11/01/2004 - 12/01/2004
12/01/2004 - 01/01/2005
01/01/2005 - 02/01/2005
02/01/2005 - 03/01/2005
03/01/2005 - 04/01/2005
04/01/2005 - 05/01/2005
05/01/2005 - 06/01/2005
06/01/2005 - 07/01/2005
07/01/2005 - 08/01/2005
08/01/2005 - 09/01/2005
09/01/2005 - 10/01/2005
10/01/2005 - 11/01/2005
11/01/2005 - 12/01/2005
12/01/2005 - 01/01/2006
01/01/2006 - 02/01/2006
02/01/2006 - 03/01/2006


www.flickr.com
This is a Flickr badge showing public photos from Mihai Botea. Make you own badge here.


Add Business in Romania to My Yahoo!
Google


Previous Posts

Links

Business in Romania Feed Burner
 

Business in Romania is powered by Blogger

This website is proud to be designed by Mihai Dragan

I usually listen to THIS kind of music.