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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.
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.