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Banca Transilvania

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Banca Transilvania Announces Successful Completion of Merger with OTP Bank Romania
Banks-Insurance

Banca Transilvania Announces Successful Completion of Merger with OTP Bank Romania

Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the wake of which it has reached a 23% market s...

Liviu Popescu · 03.03.2025 · 11:53 · 1 min
Banca Transilvania Reports RON4.7B Net Profit for 2024 at Group Level, Up 59% YOY
Banks-Insurance

Banca Transilvania Reports RON4.7B Net Profit for 2024 at Group Level, Up 59% YOY

Banca Transilvania, Romania’s largest lending institution, for 2024 reported RON4.7 billion net consolidated profit, up 59% from 2023, while assets climbed by 22% to RON207 billion.

Liviu Popescu · 28.02.2025 · 10:22 · 3 min
Banca Transilvania: Number Of BT Pay Users Using Round Up Option Tops 300,000, 50% More YoY
Banks-Insurance

Banca Transilvania: Number Of BT Pay Users Using Round Up Option Tops 300,000, 50% More YoY

The number of BT Pay users using the Round Up option has exceeded 300,000, which translates into a 50% increase compared to the same period last year, as per data provided by Banca Transilva...

Ecaterina Craciun · 20.01.2025 · 15:33 · 1 min
SelfPay Contracts EUR1.5M Loan from Banca Transilvania for Business Expansion
Companies

SelfPay Contracts EUR1.5M Loan from Banca Transilvania for Business Expansion

SelfPay, which owns the largest network of self-service payment terminals in Romania, has signed a EUR1.5 million credit contract with Banca Transilvania.

Cristina Bellu · 14.01.2025 · 10:02 · 1 min
Grup Serban Holding Gets EUR73M Syndicated Loan From Banca Transilvania, BRD, Raiffeisen Bank
Companies

Grup Serban Holding Gets EUR73M Syndicated Loan From Banca Transilvania, BRD, Raiffeisen Bank

Entrepreneurial company Grup Serban Holding (stock symbol: GSH), which operates in agriculture, has announced in a stock market report on Dec. 23 that it has successfully finalized the signi...

Ecaterina Craciun · 24.12.2024 · 00:42 · 1 min
Profi Gets EUR20M Loan From Banca Transilvania, EBRD Guarantees Up To EUR10M
Banks-Insurance

Profi Gets EUR20M Loan From Banca Transilvania, EBRD Guarantees Up To EUR10M

The European Bank for Reconstruction and Development (EBRD) has announced in a press statement a partnership with lender Banca Transilvania to support the supply chains of Profi.

Ecaterina Craciun · 23.12.2024 · 18:41 · 1 min
OTP Bank Romania Becomes Banca Transilvania On February 28, 2025
Banks-Insurance

OTP Bank Romania Becomes Banca Transilvania On February 28, 2025

The shareholders of Banca Transilvania (stock symbol: TLV) have approved BT’s merger with OTP Bank Romania within the Extraordinary General Meeting of Shareholders held on Wednesday (Dec. 18...

Ecaterina Craciun · 18.12.2024 · 21:53 · 1 min
Fitch Upgrades Banca Transilvania To 'BBB-'; Outlook Stable
Banks-Insurance

Fitch Upgrades Banca Transilvania To 'BBB-'; Outlook Stable

Fitch Ratings has upgraded Banca Transilvania S.A.'s (Transilvania) Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+' and Short-Term IDR to 'F3' from 'B'. The Outlook on the Long-Te...

Ecaterina Craciun · 19.11.2024 · 20:29 · 3 min
Wallberg Gets EUR5.9M Financing From Banca Transilvania For Construction Of 4th Building Part Of EUR10.5M Project
Real Estate

Wallberg Gets EUR5.9M Financing From Banca Transilvania For Construction Of 4th Building Part Of EUR10.5M Project

Wallberg Properties, the real estate developer controlled by entrepreneur Valentin Morar, has obtained EUR5.9 million financing from lender Banca Transilvania for the construction of the fou...

Ecaterina Craciun · 18.11.2024 · 15:44 · 1 min