Banca Transilvania posts 2019 net profit up 33pct
Publicat:Banca Transilvania posted a net profit of 1.621 billion lei last year, up 32.93pct compared to 2018, according to preliminary financial results published on Thursday.
Banca Transilvania Financial Group reported a consolidated net profit of 1.848 billion lei last year, up 46.59pct compared to 2018.
"The operating profit of Banca Transilvania (BT) increased to 2,131.87 million lei due to the efficiency and consolidation of the business. The BT Board of Directors decided in the meeting of 26 February to propose to the shareholders the distribution as a cash dividend of about 60pct…
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