Romanian Banca Transilvania group ups net profit by 50% amid Bancpost integration

Banca Transilvania, the biggest financial group in Romania, recorded a net profit of RON 1.24 billion (EUR 267 million), up by 50% compared to the same period of 2017. The bank’s individual profit amounted to RON 976 million (EUR 210 million), up 26% year-on-year, and the subsidiaries contributed with over RON 260 million (EUR 56 million) to the group’s profitability. “We are pleased that we have been able to ...

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