The projects funded have created over 25,000 jobs, of which 19,500 for disadvantaged people, high school graduates and jobless people.
To date, Banca Transilvania has granted some 2,600 bridge loans within the program, in the total amount of RON500 million.
Banca Transilvania, Romania’s largest lender by assets, had a net profit of RON1.6 billion in 2019, up 33% on the year, while operating revenues grew 12.17%, to RON4.03 billion. The bank’s assets totaled RON87.4 billion at the end of 2019, up 18% compared with end-2018.