The bank’s assets rose to RON2.59 billion and the balance of loans hit the RON1.6 billion-mark in January-March 2016.

Libra Bank currently has a network of 44 units which mainly serve clients in liberal professions, small and medium-sized enterprises (SMEs), corporate clients and the agribusiness sector.

„In 2016, the bank will also focus on developing new online products and expanding its regional network. We shall open two new units in Timisoara and Arad,” said Emil Bituleanu, general manager of Libra Internet Bank.

End-2015, Libra had a 0.64% market share, placing it 21st in a ranking of Romanian banks by assets.