Brief: Romanian Banca Transilvania's Q1 net profit up 7.7 pct y/y

Banca Transilvania

26/04/2017 06:48

BUCHAREST, April 26 (Reuters) - Romanian lender Banca 
Transilvania  ROTLV.BX      
    * Says records net profit of 246.17 million lei ($59.56 
million) in the first quarter, up 7.7 percent on the year. 
    * Says Banca Transilvania Group's overall profit stood at 
266.9 million lei, up 15.5 percent compared with the first 
quarter of 2016. 
    * Says its total assets rose 0.2 percent on the year to 51.9 
billion lei. 
    * Says its solvency ratio was 19.3 percent (18.5 percent 
without profit). 
    * Board chairman Horia Ciorcila: "We had a good start this 
year, with results according to our objectives and expectations. 
The outlook of Romania's economic development encourages us to 
go on with our ambitious plans to grow and consolidate Banca 
Transilvania and the BT Financial Group." 
 
Further company coverage:  ROTLV.BX  
($1 = 4.1328 lei) 
 
 (Bucharest newsroom) 
 ((luiza.ilie@thomsonreuters.com; +4021 305 5262; Reuters 
Messaging: luiza.ilie.thomsonreuters.com@reuters.net)) 
 
Keywords: BANCATRANSILVANIA/