The bank bought back shares at prices between RON2.60 and RON2.67 per share.

Banca Transilvania ran a buyback program seeking seek to buy 10 million of its own shares between March 1 and March 23 at a maximum price of RON3.5/share.

Banca Transilvania reported a net profit of RON1.186 billion for 2017, down 3.5% on the year, and a 15% growth in assets, to RON59.3 billion, making it the second largest lender by assets in Romania.