Romania's Banca Transilvania 9-month net profit up 26 pct y/y

Banca Transilvania

13/11/2018 07:03

BUCHAREST, Nov 13 (Reuters) - Romanian lender Banca
Transilvania  ROTLV.BX     
    * Says its net profit was 979 million lei ($236.71 million)
in the
first nine months, up 26 percent on the year, whereas Banca
Transilvania Financial Group's consolidated net profit amounted
to 1.24 billion lei.
    * Says the BT Group's total assets amounted to 76.6 billion
lei at
the end of September, up 28 percent from the end of 2017.
    * Says net loans represent 50.2 percent of the Group’s
assets. 
    * Says the bank's rate of non-performing loans stood at 5.74
percent at the end of September.
    * Says merger with Bancpost to happen at year-end.

    Further company coverage:  ROTLV.BX 
($1 = 4.1359 lei)

 (Reporting by Luiza Ilie)
 ((luiza.ilie@thomsonreuters.com; +4021 305 5262; Reuters
Messaging: luiza.ilie.thomsonreuters.com@reuters.net))