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Tbi Bank has reported a record net profit of EUR 50 million for 2024, marking an 18% year-on-year (YoY) increase, according to its unaudited consolidated financial results. The bank maintained robust liquidity and capital positions throughout the year.
The strong financial performance was reflected across all business lines and core markets – Romania, Greece, and Bulgaria. In 2024, Tbi expanded its footprint by onboarding new merchant partners across various sectors, increasing its presence to 31,000 checkout points in these countries.
Loan activity saw significant growth, with Tbi processing 2.2 million loan applications—up 32% YoY. The bank issued over 1 million loans, representing a 32% YoY increase in volume, with a total value of EUR 1.177 billion, a 26% rise compared to the previous year.
As of December 2024, Tbi Bank‘s total assets grew by 20% YoY, reaching EUR 1.77 billion. Its gross loan portfolio also expanded substantially, rising 25% YoY to EUR 1.3 billion.