Banca Transilvania’s net profit up 57% in Jan-Sep

Romania’s largest financial group by assets, Banca Transilvania (TLV), reported for the first nine months of 2021 a consolidated net profit of RON 1.67 bln (EUR 330 mln, at group level), 57% more compared to the RON 1.06 bln recorded in the same period in 2020, according to the report published by the bank, quoted by Romania-Insider.com.

The group’s operating revenues rose from RON 3.25 bln to about RON 3.62 bln, while its assets reached about RON 118 bln.

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