In the first three months of 2022, TBI continued to integrate new partners in its buy-now-pay-later solution and entered the Greek market.

The bank granted almost 120,000 loans in Romania in the first quarter and EUR154 million worth of loans on all the markets it operates on, 40% more than in the year-ago period.

TBI also posted growth on the retail and SME sectors in Romania and Bulgaria, and its total assets reached EUR745 million (an increase of 5% on the end of 2021), while the loan portfolio grew to EUR585 million at the end of March (an increase of 7% on the end of 2021).

Income went up by 33% to EUR36 million, mainly because of the rise in net interest and fee incomes.

Deposit portfolio stood at EUR514 million.

(English version by Loredana Fratila-Cristescu)