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.
Banca Transilvania's shareholders approved BT's merger with OTP Bank Romania at an Extraordinary General Meeting.
Fintech solutions are currently the main driver for the development and differentiation of the offer of financial-banking institutions in an increasingly competitive and dynamic market.
Capital ratio climbed to 23,36% underscoring the institution's financial strength, providing a solid foundation for future growth and stability.
2023 report shows great consolidated financial results, with growing profitability and increasing income.
As US President Donald Trump has announced a 20% tariff on products imported from the EU, Romanian PM Marcel Ciolacu said the government will launch support schemes.
Cross-border ecommerce transactions in CEE have seen a significant surge, climbing by 15% to reach €24 billion in 2024 compared to 2023.
The European Investment Bank (EIB) has allocated €50 million for the upgrading of key rail border crossing points in Ukraine.
Teilor Holding, encompassing the luxury jewelry chain Teilor, Teilor Invest Exchange, and Invest Intermed GF IFN, has announced the listing of two new bond issues on the Bucharest Stock Exchange (BVB).
Showpad, a global leader in AI-driven revenue enablement technology, has announced the launch of its new R&D centre in Bucharest.