On a group level, the operating income reached RON2.240 billion, while the net profit reached RON698 million.

The bank’s assets amount to RON48.14 billion, of which net loans represent RON26.4 billion. Customer deposits stand at RON39 billion.

Banca Transilvania said it continues its growth at group level, with focus on its subsidiaries, which recorded positive dynamics on their specific operating markets: investment banking, leasing, operational leasing, brokerage etc.

“The bank’s results are very good, reflecting profitability and operational efficiency. We are constantly observing new market opportunities and we will soon extend our attention to the micro-enterprises sector, as well as continue to increase digital environment use for the best possible customer experience,” Ömer Tetik, Banca Transilvania’s CEO, said.

Almost 13,000 new loans have been granted by the bank to the SME sector in the first 9 months.

The loan/deposit ratio reached 72% at the end of the first nine months of 2016.

The bank’s CAR is 19.12%, taking into account the profit for the first 9 months of 2016 (16.91% without profit).