Brief: Romania's Banca Transilvania H1 net profit rises 39.9%

Banca Transilvania

25/08/2023 07:51

Aug 25 (Reuters) - Romanian lender Banca Transilvania
 ROTLV.BX  :   
    * Says Banca Transilvania SA's net profit rose 39.9% to 1.27
billion leu ($277.66 million) in the first half of 2023, while
Banca Transilvania Financial Group's net profit rose 51.1% to
1.58 billion leu.
    * Says Banca Transilvania Financial Group's assets increased
by
8.94% compared to Dec. 31, reaching 153.1 billion leu
    * Says Banca Transilvania Group's first half operating
income rose
29.7%, reaching 3.7 billion leu.
    * Says the EBA non-performing exposures ratio was 2.36%.
    * The bank's Capital Adequacy Ratio was 23.88%, profit
included.
    * "The results are positive and we are pleased with how the
bank
and the entire BT Group has performed," chief executive Оmer
Tetik said in a statement. "We maintained our strong pace of
operational growth and managed to support the economy and the
population during a challenging period."

Further company coverage:  ROTLV.BX 


($1 = 4.5740 lei)

 (Reporting by Alan Charlish; editing by John Stonestreet)
 ((alan.charlish@thomsonreuters.com;))