The reason of the consistent drop is the contractionary economic evolution which lead to the disappearance of many companies. 20 banks closed 2009 with total losses of over 1 billion lei while the profits of winning banks exceeded 2 billion lei.
He added that the average salary per bank increased last year by 24.3% from 3,028 lei in 2008 to 3.765 lei. The number of lay offs in the banking system dropped by 3.724 over 2009. Moreover, banks closed 127 units representing 1.9% of the territorial network to 6,425 units.
