The bank said its net profit amounted to 338.1 million lei (EUR76.5 million), 40.8% higher than RON240.2 million in January-September 2013.

Banca Transilvania said its focus on increasing activity in all areas have led to higher operating income during the first nine months of 2014, at RON1.45 billion, up 26% from RON1.15 billion in the similar period a year ago.

The bank said its assets were up 6.2% in the first nine months, to RON34 billion, while the loan portfolio increased 5.6% and deposits were 6.2 higher than at the end of 2013.

Banca Transilvania has a widespread ownership, with the European Bank for Reconstruction and Development holding a 14.61% stake.