The five own 29% in the bank with a market capitalization of 10.6 billion lei (EUR2.27 billion), according to the latest reports.
The five stand to get gross dividends of RON176 million on Friday, June 15, as the bank will pay 55% of its last year’s net profit, at a yield of 6%.
The bank will ‘inject’ RON610 million worth of dividends into the market, with bonus shares worth another RON470 million to come in the fall.
EBRD owns 8.6% in the Cluj-based bank, or a RON915 million exposure at the current trading prices, while SIF Moldova’s portfolio is worth RON770 million, and SIF Banat-Crisana’s RON472 million.
According to the data ZF found in the latest reports about the shareholder structure of the lender, 16% shareholders own 42% in the second largest bank in Romania by assets.
Banca Transilvania is highest ranked Romanian stock in the MSCI Frontier Markets 100 index, closely watched by funds with some $13 billion in assets. The lender accounts for 1.9% of the structure of the index, which has generated a 35% yield in the past 12 months.
Banca Transilvania ranks 14th by percentage of the index, while Kuwait and Argentina banking stocks took the top spots. The second highest ranked Romanian stock in the MSCI Frontier Markets 100 is Romgaz (27th, 1%). (EUR1=RON4.6647)
(English version by Loredana Fratila-Cristescu)