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

11.11.2014

International Finance Corporation (IFC), a division of the World Bank Group, raised its stake in Romanian lender Banca Transilvania (TLV.RO) from 3.54% to 5.36%, following the conversion into shares more

10.31.2014

SIF Transilvania (SIF3) had revenues of RON74 million (EUR16.6 million) in the first nine months, down 78.4%, from RON342 million in the same period last year, as stock sales dropped to RON56.5 more

10.30.2014

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a significant rise in net profit for the first nine months of the year, supported by higher operational revenue and cost control more

10.22.2014

Romanian lender Banca Transilvania (TLV.RO) will receive EUR150 million from the European Investment Bank (EIB) to finance projects carried out by small- and medium-sized enterprises (SMEs), companies more

10.14.2014

Romanian regional investment fund SIF Transilvania (SIF3.RO) reported a profit of 18.1 million lei (EUR4.07 million) in the first nine months of the year, down 12-fold from RON213.6 million in the more

09.17.2014

The hotel companies controlled by SIF Transilvania (SIF3.RO) and traded on the Bucharest Stock Exchange in 2013 registered overall losses standing at 5 million lei (EUR1.13 million), ten times higher more

08.28.2014

The board of Romanian lender Banca Transilvania (TLV.RO) approved Thursday a capital hike by RON49.44 million (EUR11.22 million) by converting bonds into shares. more