The bank’s assets stood at RON77.7 billion end-June, 4.88% higher compared with end-December 2018, the bank said in its half-year earnings report.
“It was a dynamic period, with increasing volumes, which allowed us to obtain a good income in the context of reduced fees. The growth pace of the deposits, loans and operations shows the customers trust, both individuals and SMEs, in BT. The results of the first semester prepare the ground for the big plans we have in the forthcoming period,” said Omer Tetik, CEO of Banca Transilvania.
The bank granted over 100,000 corporate and retail loans in the first half of the year totaling RON40.1 billion, up 3% compared with end-December 2018.
It said customer deposits reached RON67.4 billion end-June, of which RON47.2 billion were savings of individuals and RON20.2 billion were savings of legal entities.
The bank’s non-performing exposures ratio, according to the EBA index, stood at 4.65% at the end of June.
The tax on BT assets for the firts half of the year amounts to RON90.5 million and the bank will pay it by August 25, 2019.
BT has 64.07% Romanian capital, among which over 30,000 individuals direct shareholders and over 7 million indirect shareholders through pension funds.