Central Bank: the banking system registered losses of almost 49 million euro after the first five months of the year

The banking system registered losses after the first five months of the year, of almost 49 million euro even though it ended the first quarter with a consistent profit, Romania’s National Central Bank data reveals, quoted by the Romanian news agency Mediafax. After the first five months of the year, banks accumulated a profit of 100 million euro.

Centralized data revealed that in end of May, the Romanian banking system registered a loss of almost 49 million euro just like it happened in May last year.