Speaking at the conference ZF Bankers 2016, organized by Ziarul Financiar, Tetik said Banca Transilvania (TLV.RO) is a bank listed on the stock market, with investments in financial instruments. He also said local and foreign investors gave a confidence vote and Romania was the least affected by the situation in Great Britain. He added known risks must be measured to see how to turn to good use some of the crisis challenges.
According to Tetik, Banca Transilvania is the only bank with Romanian private capital, had a constant growth, extended not only to big cities, but also to small towns and entered the segment of the small and medium-sized enterprises (SMEs). SMEs make up 30% of the bank’s loan portfolio.
On June 23, Britain voted to leave the European Union, with the Leave campaign securing around 51.8% of the vote. While England voted overwhelmingly for Brexit, Scotland and Northern Ireland backed Remain.