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Banca Transilvania

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Banca Transilvania Buys Back Millions Of Shares For Managers
Banks-Insurance

Banca Transilvania Buys Back Millions Of Shares For Managers

Banca Transilvania (TLV.RO) has bought back 1.3 million of its own shares since the beginning of the year, paying 1.17 million lei (EUR272,000). The shares will be paid to employees and mana...

Oana Gavrila · 30.01.2012 · 00:00 · 3 min
Banca Transilvania CEO Resignation Points To Shift In Strategy
Banks-Insurance

Banca Transilvania CEO Resignation Points To Shift In Strategy

As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave?

Cristian Hostiuc · 20.01.2012 · 15:25 · 1 min
Robert Rekkers, CEO Of Banca Transilvania, Resigns Unexpectedly
Banks-Insurance

Robert Rekkers, CEO Of Banca Transilvania, Resigns Unexpectedly

Romanian lender Banca Transilvania (TLV.RO) Friday announced the resignation of its chief executive officer Robert Rekkers and his temporary replacement with board member Peter Franklin.

Andrei Cîrchelan · 20.01.2012 · 10:21 · 1 min
Banca Transilvania To Buy Back 0.67% Stake For Loyalty Program
Capital Market

Banca Transilvania To Buy Back 0.67% Stake For Loyalty Program

Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.67% of its shares in the first half of 2012, for an estimated 10.32 million lei (EUR2.4 million), under an employee loyalty pr...

Andrei Cîrchelan · 22.12.2011 · 13:09 · 1 min
Banca Transilvania Reports 53% YY Rise In Jan-Sep Net Profit, To RON106.9M
Banks-Insurance

Banca Transilvania Reports 53% YY Rise In Jan-Sep Net Profit, To RON106.9M

Lender Banca Transilvania (TLV.RO) on Thursday reported a net profit of 106.9 million lei (EUR25.4 million) for the first nine months of the year, up 53% from RON69.7 million in the same int...

Andrei Cîrchelan · 27.10.2011 · 10:43 · 1 min
Banks-Insurance

BCR, Banca Transilvania Could Agree To Debt-To-Equity Swap At Oltchim

Romanian banks Banca Comerciala Romana (BCR) and Banca Transilvania (TLV.RO) could agree to a debt-to-equity swap at chemical company Oltchim SA (OLT.RO), the Economy Ministry said Tuesday.

Florentina Dragu · 25.10.2011 · 19:23 · 1 min
Technology &Telecoms

Banca Transilvania: IT Investments Should Leave Room To Meet The People

Romanian lender Banca Transilvania (TLV.RO) has earmarked large amounts for investment in IT&C, but it has not managed to achieve its goal of replacing paper, Tiberiu Moisa, the bank's execu...

Andrei Cîrchelan · 19.10.2011 · 15:05 · 1 min
Banks-Insurance

Hidroelectrica Takes RON120M Loan From Banca Transilvania

Romanian state-owned hydropower producer Hidroelectrica took out a credit line worth 120 million lei (EUR27.75 million) from Banca Transilvania (TLV.RO) to fund working capital, the Economy...

Andrei Cîrchelan · 14.10.2011 · 13:30 · 1 min
Debt Crisis Wiped Half A Billion Euros Of Romanian Banks’ Capitalization
Capital Market

Debt Crisis Wiped Half A Billion Euros Of Romanian Banks’ Capitalization

The three Romanian banks listed on the Bucharest Stock Exchange were hit hard by the euro zone sovereign debt crisis, losing over 2 billion lei (EUR460 million) of their market value in the...

Roxana Pricop · 14.10.2011 · 00:00 · 2 min