ING Bank reported for Q1 / 2021 the increase by 11 percent of the gross profit compared to the result obtained in the similar period of the previous year, to the value of RON 183 million, while the revenues increased by 2 percent, to RON 544 million.
The bank’s financial report also indicates for Q1 / 2021 the decrease by 19 percent of the costs with provisions, up to RON 96 million, compared to the similar period of last year.
“The first three months of this year bring closer the prospect of returning to normality, including in the economic and financial context. In the case of our bank, the profitability increased in this quarter, and the demand for mortgages and personal needs returned to the pre-pandemic level “, says Mihaela Bîtu, CEO of ING Bank Romania.
