Romania's Banca Transilvania H1 net profit up 33.6 pct y/y

Banca Transilvania

10/08/2018 19:16

BUCHAREST, Aug 10 (Reuters) - Romanian lender Banca
Transilvania  ROTLV.BX     
    * Says its net profit was 662.7 million lei in the first
half, up
33.6 percent on the year, whereas Banca Transilvania Financial
Group's consolidated net profit amounted to roughly 865 million
lei.
    * Says the BT Group's total assets amounted to 75.3 billion
lei at
the end of the first half, up 25.9 percent from the end of 2017.
    * Says the bank's provisions for non-performing loans, risks
and
charges fell to 306.3 million lei from 373.1 million at the end
of last year.
    * Net loans in H1 2018, account for 31.35 billion lei,
growing by
8.9 percent on the year.

    Further company coverage:  ROTLV.BX 
($1 = 3.8082 lei)

 (Reporting by Radu Marinas)
 ((radu.marinas@thomsonreuters.com; +4021 305 5263; Reuters
Messaging: radu.marinas.thomsonreuters.com@reuters.net))