Considering the bank gained more customers than initially estimated, this meant higher expenses and at the same time faster product launches, Gabriela Nistor, chief executive officer of Salt Bank said in a news conference.

Salt Bank also signed two bancassurance partnerships for both life and non-life insurance this year, Nistor added. The two companies Salt is working with are NN and Asirom.

(English version by Loredana Fratila-Cristescu)