ING Bank Romania reports strong growth in 2024
<p>ING Bank Romania added 100,000 new clients in 2024 and grew its loan portfolio by 18%, as total revenues increased 13% year-over-year to RON 3.8 billion (EUR 765 mln), the bank announced on Monday, February 17. Total assets climbed 9% to RON 78 billion (EUR 15.7 bln), supported by rising customer deposits and strong credit demand.&nbsp;</p>

<p>Despite a new turnover tax impacting financial institutions, ING maintained stable profitability, reporting a gross profit of RON 1.83 billion (EUR 368 million), in line with the previous year.&nbsp;</p>

<p>CEO Mihaela Bîtu said the bank achieved “solid commercial and financial results” while navigating new fiscal policies.&nbsp;</p>

<p>ING Bank paid more than RON 465 million (EUR 93 mln) in corporate and turnover taxes for 2024.&nbsp;</p>

<p>“We continued to invest in innovation, security, and digital solutions, maintaining stable profitability while adapting to fiscal changes,” Bîtu said.&nbsp;</p>

<p>Deposits rose 11% to exceed RON 70 billion (EUR 14 bln), further strengthening the bank’s financial position. The gross loans went up 18% to RON 45 bln.&nbsp;</p>

<p>ING said it provided EUR 382 mln in green mortgages for energy-efficient homes and EUR 1.5 bln in sustainable corporate financing last year.</p>

<p><em>andrei@romania-insider.com</em></p>

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