Romania's Banca Transilvania 9-month net profit at 1.68 bln lei

Banca Transilvania

11/11/2022 17:46

BUCHAREST, Nov 11 (Reuters) - Romanian lender Banca
Transilvania  ROTLV.BX     
    * Says its Banca Transilvania Financial Group's consolidated
net
profit was 1.68 billion lei ($355.07 million) in the first nine
months, up 0.6% on the year, with the bank accounting for 1.44
billion lei of it.
    * Says the BT Group's total assets amounted to 141 billion
lei at
the end of September, up 6.6% on the year.
    * Says the non-performing exposures ratio of Banca
Transilvania,
according to the EBA ratio, is 2.55% as of Sept. 2022. The total
coverage ratio according to the EBA standards is 187%.
    * The bank's CAR, including the profit of the year was
23.05%. 
    * "We have been growing steadily and continued financing
companies
and individuals, despite the fact that the financial market is
more fraught with uncertainty than ever and the funding costs
and capital requirements are additional factors driving the
uncertainty in the economy," said Omer Tetik, Chief Executive
Officer of Banca Transilvania.

Further company coverage:  ROTLV.BX 
($1 = 4.7315 lei)
 (Reporting by Luiza Ilie)
 ((luiza.ilie@thomsonreuters.com; +4021 527 0312; https://www.reuters.com/journalists/luiza-ilie))