The bank’s loan portfolio totaled RON3.16 billion in January-September.

“The biggest drivers of growth were the niche segments we cover, namely agriculture, liberal professions and real estate,” said general manager Emil Bituleanu.

The bank’s assets exceeded RON5.2 billion end-September, up 11.6% compared with end-December 2017.

Libra Internet Bank non-performing loan rate stood at 1.71%, well below the local banking sector average of 5.56%.

Libra Internet Bank has a market share of 1% and a 50-unit network. It serves mainly customers in the sectors of liberal professions, small and medium-sized enterprises (SMEs), Real Estate and Agribusiness, as well as in the digital sector for retail customers.