Banca Transilvania posts increase of 134 percent in operational profit in Q1

Newsroom 03/05/2010 | 12:29

Banca Transilvania (BT) has posted an increase of 134 percent in its operational profit in Q1 2010 on the same period of 2009, to RON 216 million. The 47 percent rise in operational income was the result of an increase in incomes from lending margins and financial operations and from paying out less in loan interest. BT’s credit portfolio is stable, with the local currency being predominant. Its lending activity increased by 2.25 percent in Q1 of 2010, with a total volume of BT credits reaching RON 12,444 million at the end of March. “The first part of this year was not easy. But we adapted and believe that we found the opportunities that allowed us to grow in a prudent manner,” said GM Robert Rekkers.

Anda Sebesi

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue