AcasăEurope NewsBanca Transilvania reaches 1.81 billion RON in net profit end of June

Banca Transilvania reaches 1.81 billion RON in net profit end of June

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Banca Transilvania recorded a net profit of RON 1.81 billion in the first half of this year, 42.6% higher than in the similar period of 2023, according to a press release sent on Tuesday.

During the mentioned period, BT financed companies with RON 11 billion and individuals, with RON 4 billion, and through SME Invest Plus granted financing of over RON 2.4 billion. The number of active customers continued to grow and reached 4.3 million. The bank attracted about 300,000 new customers in the first half of the year, of which about 46,000 companies.

Banca Transilvania continues to be one of the largest payers of taxes and fees. In the first half of the year, it contributed to the state budget with approximately RON 900 million through the payment of taxes, fees social contributions, including the turnover tax.

In the first part of the year, the Banca Transilvania Group took new steps in the direction of growth through acquisitions in Romania, both in the banking field and in complementary areas. BT signed in February 2024, with OTP Group, the agreement for the purchase of the Romanian subsidiaries – OTP Bank Romania, OTP Leasing Romania, OTP Asset Management Romania, OTP Factoring Romania, OTP Consulting Romania, OTP Advisors Romania and OTP Bank Romania Foundation. At the end of July 2024, given the receipt of approvals from the authorities, Banca Transilvania announced the completion of the acquisition. Currently, the integration of these subsidiaries into the Banca Transilvania Group is taking place, and the acquisition of one of the subsidiaries, OTP Asset Management, is in the approval stage by the authorities.

Also, in May 2024, the Banca Transilvania Group reached an agreement for the acquisition of BRD Pensii, a company operating in Romania, in the field of mandatory private pensions (Pillar II) and optional pensions (Pillar III). For the acquisition, the approval of the Financial Supervisory Authority is required in Romania.

AGERPRES

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