Banca Transilvania
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Banca Transilvania To Lower Loan Installments for Companies
Banca Transilvania, Romania's largest lender by assets, announced Tuesday it was implementing measures to support its SME clients whose revenues are affected by the coronavirus pandemic.
Banca Transilvania Grants Some 2,600 Bridge Loans, Worth Nearly RON500M, Within Start-Up Nation Program
Romanian lender Banca Transilvania (TLV.RO) has funded 5,500 projects, out of 10,000 projects included in the Start-Up Nation project, with the bulk of businesses being located in Bistrita-N...
Banca Transilvania Plans to Distribute 60% of 2019 Profit as Cash Dividends
Banca Transilvania (TLV.RO), Romania's largest lender by assets, said in its preliminary earnings report released Thursday it plans to distribute 60% of its 2019 net profit of RON1.62 billio...
Banca Transilvania Net Profit Grows 33% in 2019, to RON1.6B
Banca Transilvania (TLV.RO), Romania's largest lender by assets, said Thursday it had a net profit of RON1.6 billion in 2019, up 33% on the year, while revenues grew 12.17%, to RON4.03 billi...
BT: Romania Annual Average Unemployment Rate Down To 3.9% In 2019, Lowest Level Since 1991
Romania's annual average unemployment rate decreased to 3.9% in December 2019, the lowest level since 1991, due to a re-dynamization of productive investments and the migration of the active...
BT Analyst: Romania’s GDP Growth Rate May Moderate To 3.5% In 2020
Romania’s economy could moderate its growth rate to 3.5% in 2020 from 4.2% in 2019, against the backdrop of rebalancing the economic policy through fiscal-budgetary consolidation, according...
Banca Transilvania Plans To Acquire Microinvest in Republic of Moldova
Banca Transilvania, Romania's largest lender by assets, plans to acquire 100% of the share capital of Microinvest, which specializes in financing small businesses and is the leader of the no...
BT Analyst: Romania Exports, Imports To See Annual Average Growths Of 5.5% And 6.9% In 2020-2022
Banca Transilvania economists expect the gap between Romanian imports and exports to soften due to domestic economic policies and the depreciation of the leu.
BT Analyst: Private Consumption, Main Component Of GDP, To Slow Down Growth At 5% In 2020
Private consumption, the main component of the gross domestic product (GDP), will be slowing down its annual growth rate, from 7.3% in 2018, to 5.3% in 2019 and 5% in 2020, respectively, ami...