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BRIEF-Romania's Banca Transilvania 9-month net profit 18.7 pct up y/y
November 13, 2017 / 4:59 PM / a month ago

BRIEF-Romania's Banca Transilvania 9-month net profit 18.7 pct up y/y

BUCHAREST, Nov 13 (Reuters) - Romanian lender Banca Transilvania

* Says its net profit was 780 million lei ($195.59 million), whereas Banca Transilvania Financial Group’s net profit amounted to 829 million lei.

* The bank’s net profit rose 18.7 percent on the year. The BT Group’s net profit rose 18.9 percent on the year.

* Says the BT Group’s total assets after the first nine months of the year amount to 55.1 billion lei, 6.1 percent up from the end of 2016.

* Says the bank’s CAR is 17.95 percent, without the profit of the first nine months of the year.

* The number of transactions carried out via BT in the first 9 months of 2017 went up by 19 percent, and the net operating income increased by 15 percent from the first 9 months of 2016, considering services at lower costs, as compared to the previous year.

Further company coverage: ($1 = 3.9880 lei) (Bucharest newsroom)

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