E.SUN Commercial BankE.SUN Commercial Bank has managed to achieve a strong and healthy progress by expanding its brand image, organisational procedure management, consolidation of group resources and organic growth. In 2004, the strategic alliance with the UK’s Prudential enabled E.SUN Bank to extend its services to bancassurance.
Banca Comerciala RomanaBanca Comerciala Romana, the largest bank in the country accounting for about 26% of total banking assets and non-governmental loans, 29% of customer deposits and 34% of net profit, demonstrated strong asset and net profit growth in 2004, enabling it to boost profits significantly and produce a solid 17% ROE.
Santander BanCorp Santander BanCorp achieved extraordinary results in 2004, with a 114% net profit growth year-on-year and significant increases in both assets values and ROE, and a halved NPL ratio. With the new management team put in place at the end of 2002, Santander has gained momentum and built on the regained profitability achieved in 2003.