Following the merger, Banca Transilvania becomes the largest bank in Romania by assets.
The lender started integrating Bancpost operations in April, once the acquisition was cleared by the antitrust body and the Romanian central bank.
Banks-Insurance
Banca Transilvania To Absorb Bancpost by Dec 31, 2018
Romanian lender Banca Transilvania (TLV.RO) plans to complete its absorption of Bancpost by December 31, 2018, it said in a statement Friday.