During the same period, the funds attracted from clients saw a 35% increase to RON4 billion, and its loan portfolio rose 28% to RON2.6 billion.
„The non-performing loan (NPL) ratio remains extremely low, of 2.7%, compared to 6.4% in the banking sector”, the bank said in a statement.
According to bank representatives, the 2017 results are due to increases for traditional business lines: liberal professions, small and medium-sized enterprises (SMEs), agriculture and real estate developments.
„The increase is also due to the digital banking sector”, said the bank’s general manager Emil Bituleanu.
End-2017, Libra Internet Bank exceeded the 1% market share. The bank provides digital services for natural person clients and specialized in banking products and services for liberal professions, SMEs, agriculture and developers of residential projects.