Brief: Romania's Banca Transilvania's Q1 net profit up 46.5 pct y/y

Banca Transilvania

30/04/2015 07:24

BUCHAREST, April 30 (Reuters) - Romanian lender Banca 
Transilvania's (BT)  ROTLV.BX  
 
    Says its first quarter net profit rose 46.5 percent on the 
year to 151.5 million lei ($38.12 million). 
    Says its total assets rose 1.2 percent to 36.06 billion lei, 
while its loan portfolio balance rose 1.7 percent on the year. 
    Says non-performing loans accounted for 10.3 percent of its 
loan portfolio at the end of the first quarter, with provisions 
covering them by 122.7 percent. 
    Says bank focused on cost controls and attracting niche 
clients, as well as small and medium companies. 
    Says it aims to invest 141 million lei in its operations in 
2015. 
     
Further company coverage:  ROTLV.BX       
($1 = 3.9738 lei) 
 
 (Reporting by Luiza Ilie) 
 ((luiza.ilie@thomsonreuters.com; +4021 305 5262; Reuters 
Messaging: luiza.ilie.thomsonreuters.com@reuters.net)) 
 
Keywords: BANCATRANSILVANIA RESULTS/