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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 ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
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]
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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.
o BCR is the first bank in Romania to trade securities on the secondary market 2002 - BCR launches the first mortgage loan on the Romanian banking market; 2003 - BCR is the first Romanian bank to provide mortgage loans to retail and corporate clients; 2004 - BCR is the first bank in Romania to install Currency Exchange Machines (CEM)
Direct banks are not the same as "online banking". Online banking is an Internet-based option offered by regular banks. In the United States, direct banks are defined as online/branchless institutions with federal banking charters, with either the Federal Reserve Board, the Office of the Comptroller of the Currency or the Federal Deposit ...