Banca Transilvania Sees 16% Higher Pretax Profit In 2014

04.01.2014 By Florentina Dragu

Romanian lender Banca Transilvania (TLV.RO) estimates its pretax profit will rise 16% to 512 million lei (EUR114.7 million) in 2014, helped by a 7% increase in operating income and a slowdown in cost growth, according to the bank’s revenue and expenditure budget for this year.

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