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Banca Transilvania Group posts 20 pct increase in net consolidated profit in 2023

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Banca Transilvania Group posts 20 pct increase in net consolidated profit in 2023

Banca Transilvania 's net consolidated profit increased by 20% in 2023 compared to the previous year, to RON 2.98 billion, of which the bank's profit of RON 2.49 billion was 14% higher than in 2022, reads a BT press release, told Agerpres.

The bank's operating profit rose to RON 3.50 billion, up 29.8% from 2022.

BT 's assets reached RON 169.2 billion at the end of last year. Loans grew to RON 75.6 billion while customer deposits reached RON 138.1 billion.

The number of cards reached 6 million, and card transactions in 2023 increased by 22% compared

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