08.31.2015

Romanian lender Banca Transilvania (TLV.RO) has received central bank approval to merge and absorb Volksbank Romania on December 31, 2015, the bank said Monday. more

08.10.2015

Romanian lender Banca Transilvania (TLV.RO) Monday posted a net profit of 190.2 million lei (EUR43 million) for the first half of the year, up 5.1% from the same period of 2014. more

07.24.2015

Romanian lender Banca Transilvania (TLV.RO) has completed an increase in share capital by 417.38 million lei, from RON2.608 billion to RON3.03 billion, by issuing 417.38 million new shares distributed more

07.20.2015

Romanian lender Banca Transilvania has revised upward its forecast on the country’s economic growth to 4.6%, from 4.1% previously, and expects the unemployment rate to stagnate this year and more

06.19.2015

Western Union Company, MasterCard and Banca Transilvania closed a deal that will enable remittances originated from nearly anywhere across the globe to be received on Maestro and MasterCard consumer more

06.18.2015

Banks and clients need to remember the lessons learned during the crisis but shouldn't go forward always looking in the rearview mirror, as the crisis has ended and entrepreneurs are starting to trust more

06.18.2015

Horia Ciorcila, president of Banca Transilvania (TLV.RO) and the main individual shareholder, sold Wednesday a stake of 23 million Banca Transilvania shares worth approximately EUR11 million. more

06.09.2015

The main challenge of Banca Transilvania is keeping costs under control, given the takeover of Volksbank, Omer Tetik, Banca Transilvania president, told ZF Bankers Summit ’15. more

06.04.2015

Fitch Ratings has upgraded the rating of Romanian lender Banca Transilvania (TLV.RO) to 'BB' from 'BB-', while affirming the ratings of UniCredit Tiriac Bank, ProCredit Bank Romania and Garanti Bank, more

05.04.2015

The board of directors of Sigma Hotel Management dismissed general manager Bruno Negoita in March because he breached his mandate contract by hiring people and signing services contracts without board more

04.30.2015

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a net profit of 151.5 million lei (EUR34.3 million) for the first quarter, up 46.5% on the year-earlier period. more

04.30.2015

Shareholders of Banca Transilvania (TLV.RO) approved Wednesday the bank’s share capital increase by RON417.38 million (EUR94.7 million) to RON3.03 billion, from the current RON2.608 billion. more

04.07.2015

Romanian lender Banca Transilvania (TLV.RO) completed Tuesday the acquisition of Volksbank Romania, in a deal valued at more than 710 million euros. more

03.25.2015

Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesday. more

03.17.2015

Banca Transilvania (TLV.RO) announced Tuesday that it received all approvals from Romania’s Competition Council and the central bank (BNR) to take over Volksbank Romania. more

03.04.2015

Romanian regional investment fund SIF Transilvania (SIF3.RO) proposed the payment of a gross dividend worth RON0.125 per share, totaling RON27.3 million (EUR6.1 million), representing 49.8% of last more

02.23.2015

Banca Transilvania (TLV.RO) targets an increase of 8% in loans granted to small and medium-sized businesses, to RON10.8 billion, from RON6.83 billion last year. more

02.13.2015

Romanian lender Banca Transilvania (TLV.RO) Friday reported a 19.5% rise in its net profit for 2014, as increased lending activity led to a higher operating income. more

01.27.2015

Romanian software solution provider Arobs Transilvania might float on the main segment of Bucharest Stock Exchange this year if the audit and market conditions are favorable, as a financing solution more

12.15.2014

Fitch Ratings placed Romania-based Banca Transilvania (TLV. RO) BB- Long-term IDR and 'bb-' Viability Rating on Rating Watch Evolving (RWE), following the announcement on the takeover of Volksbank more

12.10.2014

Banca Transilvania (TLV.RO) won’t need additional capital resources to fund the acquisition of Volksbank Romania, and the financial details of the deal will be announced in a few months, the more

12.10.2014

Romanian lender Banca Transilvania (TLV. RO) Wednesday said it approved the acquisition of Volksbank Romania, the local unit of Österreichische Volksbank en AG. more

12.09.2014

Talks between Banca Transilvania and Volksbank are edging closer to getting the “final signature” from the Austrian bank’s shareholders, and the price of the deal has been the main topic of more

11.26.2014

Banca Transilvania (TLV.RO), the third largest bank in Romania, Wednesday said it is negotiating the acquisition of the Romanian subsidiary of Austrian group Volksbank. more

11.18.2014

The European Bank for Reconstruction and Development (EBRD) is providing EUR15 million of new financing to Romania’s Banca Transilvania for on-lending to small and medium-sized enterprises (SMEs) more