The group's net assets saw a substantial increase of 19% year-on-year to RON 99.33 billion (€19.8 billion). This growth was supported by a surge in lending activity, with new loans granted totaling RON 15.2 billion (€3 billion).
CEC Bank provided over 75,000 new loans in 2024. Lending to individuals for real estate and personal projects amounted to RON 3.4 billion (€682 million), up 70% compared to the previous year. Corporate clients received over RON 11.8 billion (€2.3billion) in new loans, with RON 4.0 billion (€803 million) allocated to new clients.
The bank focused on supporting investment projects across key sectors, including agriculture, industry, trade, and construction.
Net interest income at the group level increased by approximately 30%, driven by the growth of interest income from loans and investments amid high market rates.
CEC Bank has also made strides in its digital transformation, with a tripling of customers accessing lending products online or through partially digital channels.
The group's financial position is reflected in its total own funds ratio, which stood at 26.60% at the end of 2024, exceeding regulatory requirements.
