The entire Banca Transilvania group profit stood at RON481 million in the first half.
While the operating income rose by almost 50% to RON1.4 billion, operating expenses rose by 21.7% to RON876.9 million. Net interest income was 64.3% higher than in the first half of 2015, RON857.7 million, while net fee and commission income went up by 15.2% to RON242.9 million.
Net loans amounted to RON25.85 billion in the first half, an increase of only 3% on the end of the last year. The bank says it granted 75,000 new loans to consumers and companies in January-June. (EUR1=RON4.4592)
(English version by Loredana Fratila-Cristescu)