“Banca Transilvania has a core competence, namely the rapid and successful integration expertise of the acquired companies. This time, it included a record time integration of just seven months, with a very smooth implementation, realized due to the similarities and synergies between BT and OTP Bank, as well as the involvement of the two banks’ teams. We welcome our new customers, business partners and colleagues,” stated Ӧmer Tetik, CEO, Banca Transilvania.
In its report, Banca Transilvania also presents what it is offering its new customers: access to the largest ecosystem of banking and complementary banking solutions through the BT Group companies; presence in 350 communities across the country, with over 530 agencies and over 2,000 selfbanking machines (BT Express, BT Express Plus, BT Cash & Drop).
The bank says it also has Hungarian Desk, which includes a number of advantages, such as Hungarian-language consultancy for both OTP Bank customers and for those already working with Banca Transilvania, who wish to do so.
BT acquired OTP Bank and the other OTP Group Romania subsidiaries in 2024, for EUR347.5 million.
„The Banca Transilvania Group has the biggest track record in Romania in acquisitions and integrations. It now adds to its expertise the fastest integration, completed in just seven months, and the experience of two simultaneous mergers in two different countries, as Victoriabank, part of the Banca Transilvania Group, completed the merger with BCR Chisinau. With these two mergers, Banca Transilvania Group contributes to the consolidation of the Romanian and Moldovan banking markets,” reads the bank’s report.
The bank has a RON26.2 billion capitalization.
(English version by Catalina Apostoiu)