Banca Transilvania assets rose 32% in 2015, to RON47 billion. BT’s profit was of RON5.1 for every RON100 managed assets, the equivalent of a ROA of 5.1%. The number of clients increased by 14% to RON2.15 million.
The lender has a market capitalization of RON.35 billion (EUR1.85 billion). Since the beginning of the year, Banca Transilvania shares rose 13.58%.
Lender BCR, a unit of Austria’s Erste Group Bank, has 2.9 million clients in Romania and is the third largest source of clients for Erste.
In 2015, BCR reported a net profit of RON963 million, from a loss of RON2.6 billion in 2014. Considering the RON60 billion managed assets, most of them in Romania, it has a ROA of 1.60%, over threefold higher compared with that of the entire group (0.48%).
On a global level, Erste managed assets worth EUR199.7 billion in 2015, while the EUR13.4 billion assets managed in Romania account for 6.7% of the total assets.
BRD-Groupe Societe Generale, a unit of France’s Societe Generale, the second most valuable lender by market capitalization, manages assets worth RON49 billion, and reported a profit of RON467 million last year, the equivalent of a ROA of 0.9%.
Societe Generale manages assets worth EUR1,334 billion, and the EUR11 billion assets managed by BRD account for 0.82% of the total banking assets of the group.
BRD has a market capitalization of RON6.78 billion (EUR1.50 billion). BRD shares fell 19.59% since the beginning of the year.
The three largest lenders on the Romanian market manage overall assets of RON155.2 billion, accounting for approximately 41% of the total assets in the local banking system.
The overall ROA of the Romanian banking system was 1.35% in 2015, from -1.32% a year before.