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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.
UniCredit Bank is a Romanian bank and member of UniCredit Group. It has a network of 8,500 branches in 17 European countries, and a presence in another 50 international markets. [1] Being one of the top 5 banks on the Romanian market, [2] UniCredit Bank has 208 branches and almost 3,000 employees. [3]
2005 – BCR Asigurari de Viata is established; 2006 – Austrian bank Erste Bank finalizes the acquisition of Banca Comercială Română. Erste Bank bought 61.8825%* of the BCR shares from the Romanian Government, EBRD and IFC, paying EUR 3.75 billion. 2007 – BCR Administrare Fond de Pensii enters the Romanian market
In 1923, Societatea Națională de Credit Industrial was founded as a public institution. The National Bank of Romania held the majority with 30% of the share capital. [2] After World War II and the Nationalization Law of June 1948, Societatea Națională de Credit Industrial was nationalized and became Banca de Credit pentru Investiții. [2]