Banca Transilvania posts three-quarter net profit of RON 1,86 bln

Banca Transilvania Financial Group’s three-quarter net consolidated profit amounted to over RON 2.291 billion, with the bank’s profit standing at more than RON 1.859 billion, according to

Retail and corporate loans over the reporting period were 4 percent higher year-over-year, and the balance of net loans and leasing receivables reached RON 72.6 billion, 6.75 percent higher compared to end-December 2022 and up by approximately 70 percent from three years ago.

The increase in the bank’s activity also reflects in the total number of operations performed – 1.35 billion over January – September 2023, up by 27.4 percent compared to 2022. This means doubling the monthly average of operations over three years.

Banca Transilvania Financial Group’s assets increased to RON 157.6 billion (+12.2 percent compared to December 31, 2022).

BT Group’s operating revenues reached RON 5.6 billion (+27.12 percent year-over-year), in line with the increase in business volume and the number of processed transactions.

The deposits of Banca Transilvania customers reached RON 126.6 billion (+8.66 percent). Retail savings stood at RON 82.7 billion, and business savings at RON 43.9 billion.

Financing to individual customers reached a consolidated level of RON 31.9 billion. The value of loans granted over the first three quarters of the year was 12 percent up compared to the same period in 2022.

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Photo: Vivo Mall