TBI Bank granted new loans totaling EUR336 million in 2019, which contributed to 19% growth in its consolidated portfolio, to EUR368 million at the end of December 2019. It said deposits grew 25%, to EUR281 million.
“The results reflect TBI Bank’s long term strategy, implemented when the company was acquired by 4finance in 2016, which targets maximizing results through efficiency and clear focus on core activities,” bank officials said Tuesday.
With over open million loan requests online and offline and nearly half a million loans granted in 2019, TBI Bank is among the main players on the credit market in Southeast Europe.