Finance | 3 March, 2025 at 11:49 AM
Banca Transilvania and OTP Bank Romania become one bank
Banca Transilvania Group has Romania's richest track record in acquisitions and integrations.
Banca Transilvania Group has Romania's richest track record in acquisitions and integrations.
The taxes paid by Banca Transilvania Group in Romania amount to about 1% of the total tax revenues collected by the state.
Over 430,000 people used AI Search last year, 70% of them visitors to the Ask BT website.
BT is the first banking institution to integrate artificial intelligence into customer communication, services and processes.
Banca Transilvania's shareholders approved BT's merger with OTP Bank Romania at an Extraordinary General Meeting.
The BlueCash integrates the functions of a cash register and a banking POS terminal into one compact device, equipped with a suite of business applications to optimize operations.
This is the second year that Banca Transilvania has been rated by Moody's, the rating agency's accreditation supporting BT's efforts to maintain the most efficient cost of capital.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
The issue, oversubscribed, represents the second ESG issue launched by Banca Transilvania within its multiannual Eurobond programme (Medium Term Notes - MTN) worth €1.5 billion.
The funds raised will help finance sustainable projects in line with the eligibility criteria of the Sustainable Financing Framework.
Banca Transilvania's net profit amounted to RON 1.81 billion, +42.6% compared to the first six months of 2023.
Quartier Azuga is renowned for its commitment to sustainability, featuring Green Homes pre-certification and compliance with the nZEB standard.
This financing will be used to fully repay the existing credit contracted by the company in 2021 from the Black Sea Trade and Development Bank.
Banca Transilvania has impressively jumped from being the 7th to the 3rd strongest banking brand in the world in 2024.
The launch of the flagship EIB Group Investment Report calls for EU market integration, simplification and investments in innovation, echoing the most recent EC initiatives.
The project involves the phased construction of nine wind farms distributed across northern Botoșani County, with a timeline for completion extending to approximately 2031.
EIB extends the scope of its Sustainability Awareness Bond to include two new social objectives: gender equality and women's economic empowerment.
Atakan Turhan began his career at Swissôtel The Bosphorus in Istanbul in 1992 after graduating from Boğaziçi University's Department of Tourism and Hotel Management.
JNSQA combines deep technical expertise with a transparent and efficient collaboration model, covering all phases of the software development lifecycle.