11.14.2024

The board of directors of Banca Transilvania, Romania’s largest lending institution, has convened the Extraordinary General Meeting of Shareholders for December 18th, a date when they will vote on more

10.15.2024

The acquisition by Banca Transilvania (TLV.RO), the largest lender in Romania, of OTP Asset management, part of the OTP Bank Romania acquisition, has been completed after having been recently approved more

08.08.2024

Banca Transilvania (stock symbol: TLV), the largest bank in Romania by assets, on Thursday informed the local capital market about the changes in the executive management structure of BT, namely the more

08.02.2024

Albota Law Firm has assisted Nor Real Estate, a real estate developer part of Atenor Group, with signing a loan contract worth EUR21 million and the related guarantee package with OTP Bank Romania, in more

08.01.2024

The Filip & Company team has provided legal assistance to Banca Transilvania on closing its acquisition of OTP Bank Romania and OTP Leasing Romania. more

08.01.2024

International law firm CMS assisted OTP group in completing the sale of Romania operations to Banca Transilvania, the largest lending institution in Romania by assets. more

07.30.2024

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, notified the Bucharest Stock Exchange of having signed the papers to complete the acquisition of OTP Bank Romania in its entirety more

07.15.2024

The Competition Council has approved the transaction whereby Banca Transilvania S.A. intends to acquire OTP Bank Romania S.A., OTP Leasing Romania IFN S.A., OTP Asset Management Romania S.A.I. S.A., more

07.09.2024

OTP Bank Romania has concluded a EUR21 million financing agreement with Nor Real Estate, part of Atenor Group, for the development of Phase 1 of @Expo project, an office building located in more

05.27.2024

The numbers in the 2024 budget of Banca Transilvania, the largest lender in Romania, a 20% higher profit of RON3 billion, 10% higher assets of RON179 billion and RON9.2 billion interest income for more

05.10.2024

OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in more

04.02.2024

Competition Council is assessing the transaction whereby Banca Transilvania intends to acquire the entities in Romania of Hungary's OTP Group, respectively, OTP Bank Romania, OTP Leasing Romania IFN, more

03.08.2024

OTP Bank Romania recorded consolidated net profit of RON262 million in 2023, seven times higher than the level reported in 2022,as per the report published in Budapest, which presents the bank's more

02.14.2024

Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an analysis by more

02.12.2024

Filip & Company team granted legal assistance to Banca Transilvania in the signing of documents for the acquisition of OTP Bank Romania, OTP Leasing and OTP Asset Management. more

02.09.2024

Banca Transilvania (BT.RO) has officially announced in a stock market report on Friday (Feb 9) the acquisition of OTP Bank Romania and of the leasing and asset management companies within OTP Romania more

11.13.2023

OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit. more

09.14.2023

The sale of OTP Bank Romania – submission of final bids, choosing a winner – has been pushed from September into October and those still in talks are Banca Transilvania and Raiffeisen Bank, after more

08.22.2023

The sale of OTP Bank Romania is going ahead, and in Bucharest these days there are "management presentations" between OTP and the three banks it is in talks with. more

08.10.2023

OTP Bank Romania recorded a consolidated net profit of RON183 million in the first half of 2023, driven by an increase in operating profit and positive credit risk costs, as the bank posted RON14 more

05.23.2023

OTP Bank has officially confirmed via an announcement by its management that OTP Bank Romania is up for sale, a process that may take a few months and if successful, the deal should be closed in one more

05.11.2023

Holde Agri Invest, a Romanian company exploiting around 13,200 hectares of farmland, on Thursday morning announced at the Bucharest Stock Exchange the signing of a syndicated credit agreement for four more

05.10.2023

OTP Bank Romania posted after-tax profit of RON15 million (HUF1 billion) in the first quarter of 2023, compared with RON24 million losses in the year-ago period, which was predominantly impacted by more

05.04.2023

Hungary’s OTP Bank Group, one of the largest banking groups in the region, has started to discreetly probe the market to assess interest from other banks to buy OTP Bank Romania, banking sources more

03.29.2023

Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a later more