Banca Transilvania | Romania Feed

The European Bank for Reconstruction and Development (EBRD) has slightly cut its stake in Banca Transilvania, the largest bank in Romania, via the sale of 13.7 million shares in an accelerated bookbuild placement on the Bucharest Stock Exchange.

Banca Transilvania (BSE:TLV), the largest credit institution in Romania, on June 26 will be distributing dividends worth RON1 billion from its 2023 record profit of RON3 billion, respectively a gross dividend of RON1.2521 per share.

The numbers in the 2024 budget of Banca Transilvania, the largest lender in Romania, a 20% higher profit of RON3 billion, 10% higher assets of RON179 billion and RON9.2 billion interest income for Banca Transilvania alone, do not include the acquisition of OTP Bank Romania, the management of the Cluj-based lender said.

Competition Council is assessing the transaction whereby Banca Transilvania intends to acquire the entities in Romania of Hungary's OTP Group, respectively, OTP Bank Romania, OTP Leasing Romania IFN, OTP Asset Management Romania S.A.I., OTP Factoring S.R.L. and its subsidiaries, OTP Consulting Romania S.R.L., OTP Advisors S.R.L. and OTP Bank Romania Foundation.

Banca Transilvania (stock symbol: TLV), the largest lender in Romania, by assets, has announced that its Board of Directors decided on March 19, 2024 to approve the buyback of a maximum number of 2 million shares (out of a total 5 million shares approved to be repurchased by shareholders), as per a report published at the Bucharest Stock Exchange (March 19).

Banca Transilvania a semnat vineri contractul pentru achiziţionarea a 100% din acţiunile OTP Bank România, precum și a altor companii, prețul total al achiziției fiind de peste 347 milioane de euro.

Omer Tetik, CEO of Romania's largest bank, Banca Transilvania (TLV.RO), on June 28 sold 75,000 shares in the lender, at RON201.12 per unit, in line with a report to the Bucharest Stock Exchange.

Holde Agri Invest, a Romanian company exploiting around 13,200 hectares of farmland, on Thursday morning announced at the Bucharest Stock Exchange the signing of a syndicated credit agreement for four different financing lines with Banca Transilvania and OTP Bank for working capital and investments.

Banca Transilvania financial group reported a consolidated net profit of RON837.7 million for the first quarter of 2023, of which lender Banca Transilvania's profit is RON675.9 million.

Romania’s largest lender Banca Transilvania (TLV.RO) on April 24 published a report to the Bucharest Stock Exchange detailing the EUR500 million financing concluded at a yield of 9% per annum and a four-year maturity on Friday.

One United Properties, the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, has concluded a EUR20 million financing agreement with Banca Transilvania, over a period of up to 42 months.

Real estate developer STC Partners got a EUR6 million funding from Banca Transilvania to develop the first phase of housing compound Quartier Azuga located in Doamna Ghica area, with the phase due to be completed in the first half of 2024.

The three most profitable large banks in Romania in 1H/2022 were BCR, Banca Transilvania and BRD-SocGen, with overall earnings of above RON2.5 billion, namely more than half of the total profit of the system.

Banca Transilvania financial group ended the first half of this year with net consolidated profit of RON1.046 billion, 3% higher than in the same period of 2021, with the bank’s profit standing at RON907 million, up almost 1%.

Alesonor, the real estate developer that erected luxury housing project Amber Gardens, has got a EUR21 million funding from Banca Transilvania for the construction of 294 green housing units in the first part of Amber Forest project due to be built in Tunari area of northern Bucharest.

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, has notified its shareholders that June 16 is the pay date for the dividends decided by the General Meeting of Shareholders at the end of April, the lender said in a report to the Bucharest Stock Exchange.

Shareholders of lender Banca Transilvania (TLV.RO) unanimously approved at their general meetings of April 28, 2021 and of April 28, 2022, respectively, the lender’s purchase of own shares on the capital market as part of a stock option plan program, in line with a stock market report.

New week, new month, new #HRSpotlight! Kicking off May, Business Review sat down with Nevenca Doca, Senior Executive Human Resources Director at Banca Transilvania, for another installment of the established interview series dedicated to the #futureofwork!   Starting with a bit of background, how was 2021 from an HR perspective and what were the most important actions […]

Mihaela-Simona Nadasan, Deputy CEO at lender Banca Transilvania (TLV.RO), on Monday (March 28) sold 175,000 shares of the bank, at an average price of RON2.47 per share, with the total value of deals carrying out on the Bucharest Stock Exchange reached RON433,650, as per calculations by Ziarul Financiar (ZF) daily based on a stock market report.

Omer Tetik, CEO of Banca Transilvania, sold 100,000 shares of the bank on the Stock Exchange on Wednesday and Thursday, for a total transaction value of RON255,000, according to data published on the Bucharest Stock Exchange on Friday.