The bank said its operating revenue amounted to RON164 million in the first half, up 11% on the year.
“Our niche-focused strategy helped us navigate this exceptional period positively. We are optimistic about economic recovery,” said bank general manager Emil Bituleanu.
Libra Internet Bank’s loan portfolio reached RON4.27 billion at the end of June, compared with RON3.74 billion at the end of June 2019.
Its total assets increased 18% on the year, to RON6.59 billion at the end of June.
It said its non-performing loan (NPL) rate stood at 1.77%, well below market average.
Libra Internet Bank, serves mainly customers in the sectors of liberal professions, small and medium-sized enterprises (SMEs), real estate and agribusiness, has a market share of 1.3% in 2019.