At the same time the agency also affirmed the bank’s long- and short-term deposit ratings at Ba2/NP and Baseline Credit Assessment (BCA) and Adjusted BCA at ba3 by Moody’s Ratings.
The new Moody’s statement follows the announcement of the concluded agreement between 4Finance Holding S.A. and Advent International regarding the acquisition of tbi bank. The transaction is subject to regulatory approvals with expected closure in the fourth quarter of 2025.
“The positive outlook on tbi bank’s Ba2 long-term deposit ratings reflects our expectation that governance risks will moderate once the transaction concludes and the bank is acquired by Advent. Additionally, tbi bank could be afforded with better access to capital and expertise in executing its strategy under Advent’s ownership”, says the statement of Moody’s.
TBI Bank EAD ended 2024 with net profit of over EUR50 million, up 18% against 2023, and total assets of nearly EUR1.8 billion at the end of 2024, up almost 20% versus 2023. In Romania, TBI Bank had a 0.29% market share at the end of 2023, as per central bank data, translating into assets worth almost RON2.35 billion.