“Banca Transilvania informs its investors that, on 28.10.2020, it was notified that NN Group NV together with Fondul de Pensii Facultative NN Activ (managed by the optional pension fund administrator NN Asigurari de Viata SA), Fondul de Pensii Facultative NN Optim (managed by the optional pension fund administrator NN Asigurari de Viata SA), Fondul de Pensii Administrat Privat NN (managed by NN Pensii SAFPAP SA) as well as NN Investment Partners BV have surpassed the 10% holding level, owning at the present 10.04% of the capital of BT,” it said..
Considering the bank’s RON10.9 billion stock market value, the stake held by NN is worth around RON1 billion.
At the end of July 2020, SIFs and mandatory private pension funds held 36.4% in Banca Transilvania. The bank’s biggest institutional investor is the European Bank for Reconstruction and Development (BEBRD) with 8.6%.