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Banca Transilvania S.A. (also BT or TLV) is a banking institution with headquarters in Cluj-Napoca, Romania. The bank was founded in 1993 in Cluj-Napoca with a capital of 2 billion RON, of which 79% was Romanian and 21% foreign. BT is the largest bank in Romania in terms of assets, with a market share of over 16%. [2]
a Banca Transilvania acquired Bancpost in 2018 from Eurobank. b Banca Transilvania acquired Volksbank Group's Romanian subsidiary in 2015. c UniCredit Bank acquired Royal Bank of Scotland's Romanian subsidiary in 2015. d Raiffeisen Bank acquired Citibank's retail banking operations in 2013. e OTP Bank acquired Millennium BCP's Romanian ...
Bancpost was a Romanian bank based in Bucharest and a former member of Eurobank Ergasias Group. It official merged with Banca Transilvania on January 3, 2019. See also
In April 2014, its operations continued under the new Idea Bank brand. [1] It was bought by Banca Transilvania in 2021. It was renamed to Salt Bank on 21 November 2023. [2] In November 2023, Salt Bank formed a partnership with Starling Bank, a British challenger bank, to use its cloud-based banking platform known as Engine by Starling. [3]
Export-Import Bank of Romania logo until 2023. In June 2019, Export-Import Bank of Romania has signed an agreement with National Bank of Greece (NBG) to acquire 99.28% stake in Banca Românească (BROM). [1] Following the completion of the deal, EximBank will foray into the domestic retail banking market and will become a universal commercial bank.
CEC Bank (prior to May 6, 2008 Casa de Economii și Consemnațiuni, but already known then as CEC), [1] [2] is a state-owned Romanian banking institution. [ 3 ] [ 4 ] In 1990, shortly after the Romanian Revolution of 1989, CEC had a 32.9% share of the Romanian market for banking; by 2006 this had fallen to 4.03%. [ 5 ]
BRD - Groupe Société Générale SA is a Romanian bank which is based in Bucharest, Romania. It was founded in 1923 and is currently the third largest bank by assets (about 10.9 bn €) in Romania. The majority of shares are owned by French Société Générale financial group who holds a stake of 60.17%.
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