Banca Transilvania
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Large Banks In Romania Unable To Revive Lending In 1Q/2014
The ten large banks in Romania, with more than 3% market share, did not help revive lending in the first quarter of 2014 either, as the only one of the pack to have seen a significant increa...
Banca Transilvania Invested EUR50M In Technology In Last 5 Years
Romanian lender Banca Transilvania invested in the last five years nearly EUR50 million in technology, out of which EUR20 million in the new core-banking system, while the bank’s market shar...
Banca Transilvania Ready To Go Shopping
Banca Transilvania (TLV.RO) is in talks to buy a bank or a portfolio, with a possible deal set to be sealed if it brings added value and if it is related to the retail or SME segment, states...
Banca Transilvania Borrows $40M From IFC To Boost Capital Base
The International Finance Corporation, the private sector arm of the World Bank Group, will provide a $40 million subordinated loan to Romanian lender Banca Transilvania (TLV.RO) to strength...
Banca Transilvania 1Q Net Profit Up 23% To RON103M
Romanian lender Banca Transilvania (TLV.RO) Wednesday reported a first quarter net-profit of 103.4 million lei (EUR23.3 million), up 22.6% on the year, as the higher operating income offset...
Horia Ciorcila Re-elected As Banca Transilvania’s Board Chairman
The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Tuesday re-elected Horia Ciorcila for a new four-year term as chairman of the board, the bank said in a statement.
SIF Muntenia Buys 4% In Banca Transilvania For EUR33M
Romanian regional investment fund SIF Muntenia (SIF4.RO) bought a 4.07% stake in local lender Banca Transilvania (TLV.RO) last Friday from Bank of Cyprus, for which it paid 150.3 million lei...
Bank Of Cyprus Sells Stake in Banca Transilvania
Bank of Cyprus, the battered Cypriot bank, sold its almost 10% stake in Romanian lender Banca Transilvania (TLV.RO) for 368.1 million lei (EUR82.5 million) on the Bucharest stock exchange Fr...
Banca Transilvania Sees 16% Higher Pretax Profit In 2014
Romanian lender Banca Transilvania (TLV.RO) estimates its pretax profit will rise 16% to 512 million lei (EUR114.7 million) in 2014, helped by a 7% increase in operating income and a slowdow...