The lender’s majority shareholder is IT entrepreneur Vasile Olimpiu Balas with 64.6%, followed by TechVentures Capital AFIA with 9.5%, while Tristar keeps its 18.5% stake and Atelierele CFR Grivita holds 7.4%.
The bank has 11 branches in Romania.
Romanian Banca Comerciala Feroviara is changing its name top Techventures Bank following changes in its shareholding structure.