November 21 (SeeNews) - The combined profit of Romanian banks rose 42% year on year to 5.77 billion lei ($1.4 billion/1.2 billion euro) in the first nine months of 2017, as the share of non-performing loans (NPLs) dropped, data of the central bank showed on Wednesday.
The Romanian banks' NPLs ratio fell to 5.56% at the end of the first nine months of 2018, down from 7.96% at the end of September 2017, central bank figures showed.
Return on assets (ROA) and return on equity (ROE) both ended the first nine months of the year in positive territory - at 1.76% and 16.35%, respectively.
Romanian banks' total net assets increased to 445.2 billion lei at the end of September from 406.4 billion lei a year earlier.
The Romanian banking system's capital adequacy ratio rose to 19.97% at the end of September from 18.98% at the end of last year.
(1 euro= 4.6644 Romanian lei)