Banca Transilvania Has RON4B In Cash, Looks At Acquisition Opportunities

08.05.2014 By Roxana Pricop

Banca Transilvania (TLV.RO) has almost 4 billion lei (EUR1 billion) cash in its accounts from past years' profits and is looking 'carefully and interestedly' at the opportunities on the Romanian market, where at least three banks are now up for sale: Carpatica (BCC.RO), Volksbank and Credit Agricole.

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Keywords:: cash; , reserve; , acquisition; , banca transilvania

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