n the first semester of this year, Bank Leumi Romania, controlled by Bank Leumi le-Israel registered profits of RON 11.7m (€2.6m) by lowering its provisions and a stabilizing its non-performing loans.
Manfred Rauchwerger, senior executive vice-president at Bank Leumi Romania, said the lender’s assets reached RON 1.1bn (€24m) and the solvency rate stood at 21 percent.
