Banca Transilvania
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Analysts Expect Net Profit Of RON248.4M For Banca Transilvania In First Nine Months
Market analysts estimate on average that Banca Transilvania (TLV.RO) will report net profit of 248.4 million lei (EUR54.2 million) in the first nine months, up 21.4% on the year. Participant...
EBRD Lends EUR30M To Banca Transilvania For SMEs, Energy Projects
The European Bank for Reconstruction and Development has extended a EUR20 million loan to Romanian lender Banca Transilvania (TLV.RO) for on-lending to small- and medium-sized enterprises, E...
Banca Transilvania Mulls EUR30M Convertible Bonds
Romanian lender Banca Transilvania (TLV.RO) plans to sell seven-year convertible bonds to raise EUR30 million, according to the general conditions of the bond which were published on the ban...
Large Banks Still Spend More Than Half Of Expense Budgets On Salaries
BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the...
Banca Transilvania 1H Net Profit Rises 47% To RON179.6M
Romanian lender Banca Transilvania (TLV.RO) Wednesday said its net profit rose 47% on the year to 179.6 million lei (EUR40.9 million) in the first half, fueled by a 12% increase in operating...
Banca Transilvania’s Farm Loans To Cover 90% Of Area Subsidies
Romanian lender Banca Transilvania will give loans to farmers covering 90% of the value of subsidies granted through the single payment scheme for 2012, the lender said in a press release We...
Banca Transilvania Acquires 7% In SSIF Broker In Debt-To-Equity Swap
Romanian lender Banca Transilvania (TLV.RO) took over 6.91% in brokerage firm SSIF Broker (BRK.RO) from businessman Ioan Cartis in a debt-to-equity deal, the broker said in a statement Thurs...
Ciorcila, Banca Transilvania: We Have Always Had The Decision In Our Hands, That’s Why We Grew
Paradoxically, for lender Banca Transilvania, the crisis has become the best opportunity for growth on the banking market, while the other entities have pulled back from the lending market d...
Banca Transilvania 1Q Net Profit Rises To RON91.8M
Romanian lender Banca Transilvania (TLV.RO) Monday said its first quarter net profit rose 73% to 91.8 million lei (EUR21.1 million), on lower provisions.