May 24 (SeeNews) - The ratio of non-performing loans (NPLs) of Romanian banks decreased in the first quarter of the year compared to the like period of 2017, the country's central bank said on Thursday.
The NPL ratio of Romania's banking system fell to 6.16% at the end of the first quarter of 2018, from 9.36% at the end of March 2017, the central bank, BNR, said in a quarterly report on the indicators of credit institutions in the country.
Return on assets (ROA) and return on equity (ROE) both ended the first three months of the year in positive territory - at 1.65% and 15.45%, respectively.
Romanian banks' total net assets increased to 431.7 billion lei at the end of March from 393.7 billion lei a year earlier.
The Romanian banking system's capital adequacy ratio rose to 19.84% at the end of March 2018 from 19.80% a year yearlier.
At the end of March 2018, there were 36 credit institutions operating in Romania.
(1 euro= 4.6243 Romanian lei)