06.17.2014

The shares of Banca Transilvania (TLV.RO), the largest Romanian-held lender, rose by almost 80% in the past year, the highest increase among Bucharest stock exchange's blue-chips. more

06.09.2014

The ten large banks in Romania, with more than 3% market share, did not help revive lending in the first quarter of 2014 either, as the only one of the pack to have seen a significant increase in loan more

05.20.2014

Romanian lender Banca Transilvania invested in the last five years nearly EUR50 million in technology, out of which EUR20 million in the new core-banking system, while the bank’s market share rose more

05.13.2014

Banca Transilvania (TLV.RO) is in talks to buy a bank or a portfolio, with a possible deal set to be sealed if it brings added value and if it is related to the retail or SME segment, states Omer more

05.09.2014

The International Finance Corporation, the private sector arm of the World Bank Group, will provide a $40 million subordinated loan to Romanian lender Banca Transilvania (TLV.RO) to strengthen the more

04.30.2014

Romanian lender Banca Transilvania (TLV.RO) Wednesday reported a first quarter net-profit of 103.4 million lei (EUR23.3 million), up 22.6% on the year, as the higher operating income offset an more

04.29.2014

The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Tuesday re-elected Horia Ciorcila for a new four-year term as chairman of the board, the bank said in a statement. more

04.22.2014

Romanian regional investment fund SIF Muntenia (SIF4.RO) bought a 4.07% stake in local lender Banca Transilvania (TLV.RO) last Friday from Bank of Cyprus, for which it paid 150.3 million lei (EUR33.69 more

04.18.2014

Bank of Cyprus, the battered Cypriot bank, sold its almost 10% stake in Romanian lender Banca Transilvania (TLV.RO) for 368.1 million lei (EUR82.5 million) on the Bucharest stock exchange Friday. more

04.01.2014

Romanian lender Banca Transilvania (TLV.RO) estimates its pretax profit will rise 16% to 512 million lei (EUR114.7 million) in 2014, helped by a 7% increase in operating income and a slowdown in cost more

03.26.2014

Romanian lender Banca Transilvania (TLV.RO) on Wednesday proposed increasing its share capital by 352.7 million lei (EUR78.9 million) to RON2.55 billion by incorporating part of the bank’s reserves. more

02.25.2014

Romanian lender Banca Transilvania (TLV.RO) targets this year a 10% increase in both the number of clients and the value of managed assets for its private banking division, the bank said in a more

02.13.2014

Romanian lender Banca Transilvania (TLV.RO) Thursday said its net profit rose 17% to 374.9 million lei (EUR83.7 million) in 2013, on higher revenue from lending. more

12.09.2013

Financial group Banca Transilvania holds 11.91% in Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO), controlled by businessman Constantin Boromiz. more

11.26.2013

Romanian canned meat producer Scandia Food has borrowed EUR22 million from local lender Banca Transilvania (TLV.RO) to upgrade equipment and finance new investment, the company said Tuesday. more

11.18.2013

Romanian lender Banca Transilvania (TLV.RO) plans to repurchase 0.04% of its shares, as part of a three-year buyback program aimed to motivate employees, the bank said in a statement Monday. more

11.07.2013

The European Investment Fund and Romanian bank Banca Transilvania (TLV.RO) have signed a EUR21 million financing agreement under the European Progress Microfinance Facility for on-lending to small and more

11.04.2013

Banca Transilvania (TLV.RO), the Romanian bank that has gained around 2.5% of market share since the beginning of the crisis, has no skeletons in its closet, says Omer Tetik, the bank’s CEO. He more

10.31.2013

Romanian lender Banca Transilvania (TLV.RO) reported a net profit of 240.2 million lei (EUR54.4 million) for the first nine months, down 9.5% on the year, the bank said in a statement Thursday. more

10.18.2013

Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calbureanu, plans to borrow 28.7 million lei (EUR6.4 million) from lender Banca Transilvania to finance more

10.16.2013

Romanian lender Banca Transilvania (TLV.RO) will open a branch in Rome, Italy, in November and will shut down its operations in Cyprus as of December 1, the bank said in a statement Wednesday. more

09.16.2013

Romaqua, one of the largest Romanian-held companies in the fast moving consumer goods sector, is giving the lead to borrowing in lei, after refinancing an about 500 million lei (EUR112 million) taken more

09.11.2013

Roberto Marco Marzanati, vice-president of the Managing Board of Romanian lender Banca Transilvania (TLV.RO), Tuesday sold a stake representing 0.07% of the bank’s shares for 2.2 million lei more

08.01.2013

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a net profit of 180.2 million lei (EUR41 million) for the first six months, similar to the RON179.6 million result in the same period of more

07.18.2013

Romanian investment fund BT Invest1, a unit of financial and banking group Banca Transilvania (TLV.RO), plans to sell a stake of 2.5% in peer fund SIF Moldova (SIF2.RO), the bookrunner on the deal more