Revival of lending activity and positive indices for Mobiasbanca-OTP Group S.A. in the third quarterNovember 12, 2020The results of Mobiasbanca - OTP Group S.A. for the third quarter demonstrates the recovering ability of all activity segments, after the period of blockage in the first half of the year.
Achievements of JSC “Mobiasbanca - OTP Group” in the third quarter of this year are also confirmed by a net profit of 83 million lei, despite the increase in the estimated reserves.
The loan portfolio is growing by 14% (8% in Q3), due to a good lending of individuals and corporate clients.
Operational performance registered an increase compared to the budget by 4.8%The cost / income indicator reached a positive value of 47.6% (47.2% in Q3) being below the estimated level.
Third quarter was characterized by a revival in lending, due to individuals and mortgage lending.
Persons:
Diósi, Mobiasbanca, –
Organizations:
OTP, S.A, JSC “, Bank, European Bank for Reconstruction, IPN
Locations:
Mobiasbanca