05.31.2013

Romanian lender Banca Transilvania (TLV.RO) has invested a total EUR10 million in the construction of an office building and a data center in industrial park Tetarom I in Cluj, northwestern Romania. more

05.23.2013

Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more

05.22.2013

Romanian lender Banca Transilvania (TLV.RO) has raised EUR30 million at a seven-year convertible bonds sale, in line with its initial target, the bank said in a statement Wednesday. more

05.17.2013

Romanian lender Banca Transilvania (TLV.RO) raised EUR29.4 million in a convertible bond sale, after International Finance Corporation subscribed bonds worth EUR18.9 million in the second stage of the more

05.15.2013

Credit Europe Bank Romania has appointed its chief control officer Mirela Bordea as interim CEO after Omer Tetik left the bank to take on the CEO position at Banca Transilvania (TLV.RO), the bank said more

05.15.2013

The main goal of Omer Tetik, announced as the new chief executive officer of Banca Transilvania on Tuesday, will be to boost the market share to over 10% from the current 8%. more

05.14.2013

The European Bank for Reconstruction and Development has subscribed bonds worth EUR4.4 million in a subordinated unsecured convertible bond issue of Romanian lender Banca Transilvania (TLV.RO) by more

05.14.2013

Credit Europe Bank Romania president Omer Tetik has been appointed chief executive officer of Romanian lender Banca Transilvania (TLV.RO). more

05.09.2013

Romanian lender Banca Transilvania (TLV.RO) Thursday said its seven-year convertible bonds sale drew roughly EUR10.5 million from shareholders during a preference right bid ended May 8. more

05.01.2013

Omer Tetik, Chief Executive Officer of Credit Europe Bank Romania, will be appointed general manager at Romanian lender Banca Transilvania (TLV.RO), market sources told MEDIAFAX Wednesday. more

04.30.2013

Romanian lender Banca Transilvania (TLV.RO) on Tuesday said its net profit fell by 8% to 84.4 million lei (EUR19.2 million) on the year in the first quarter of 2013. more

04.18.2013

Banca Transilvania (TLV.RO) is the only investor that actually wants to buy Bank of Cyprus’ entire Romanian portfolio, while Raiffeisen is only interested in part of the loans, banking sources say. more

04.17.2013

Banca Transilvania (TLV.RO) and Raiffeisen Bank are the only banks that had submitted firm offers to take over the portfolio of assets and liabilities of the Romanian subsidiary of Bank of Cyprus, more

04.04.2013

Romanian lender Banca Transilvania (TLV.RO) wants to raise EUR30 million at its planned seven-year convertible bonds sale, market participants told Mediafax Thursday. more

04.02.2013

Banca Transilvania (TLV.RO) has placed a non-binding bid to buy the operations of the Romanian branch of Bank of Cyprus, market sources told ZF. more

03.29.2013

Romanian lender Banca Transilvania (TLV.RO) forecasts a gross profit of 388 million lei (EUR87.98 million), up 14.5% from RON340 million a year before, according to a budget draft under debate by the more

03.27.2013

Romanian lender Banca Transilvania (TLV.RO) plans to increase its share capital by 303.39 million lei (EUR60 million) to RON2.2 billion by capitalizing retained earnings from the previous year, the more

02.19.2013

Romanian lender Banca Transilvania (TLV.RO) has promoted three executive managers to the position of deputy chief executive officer, the bank said in a statement Tuesday. more

02.12.2013

Romanian lender Banca Transilvania (TLV.RO) Tuesday said its net profit rose 40% to 320.4 million lei (EUR72.8 million) in 2012, on higher operating revenue. more

12.21.2012

Horia Ciorcila, managing board chairman at Romanian lender Banca Transilvania (TLV.RO), will coordinate the bank’s business and its Executive Management Committee, replacing Peter Franklin, the bank more

10.29.2012

Romanian lender Banca Transilvania (TLV.RO) Monday said its net profit rose 30% to 265.4 million lei (EUR59.8 million) in the first nine months, on higher revenue from net fees and interests. more

10.26.2012

Market analysts estimate on average that Banca Transilvania (TLV.RO) will report net profit of 248.4 million lei (EUR54.2 million) in the first nine months, up 21.4% on the year. Participants in the more

10.22.2012

The European Bank for Reconstruction and Development has extended a EUR20 million loan to Romanian lender Banca Transilvania (TLV.RO) for on-lending to small- and medium-sized enterprises, EBRD said more

10.18.2012

Romanian lender Banca Transilvania (TLV.RO) plans to sell seven-year convertible bonds to raise EUR30 million, according to the general conditions of the bond which were published on the bank’s more

08.21.2012

BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the total more