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Banca Transilvania SA

Summary

Company ID (NIN)

5022670

Company owner / manager

  • Others
  • European Bank for Reconstruction and Development (EBRD)
  • Individuals

Country

Romania

Capital

4,424,181,000

Total assets

59,302,075,000

Net profit for the period

1,185,979,000

Report year

2017

Currency

RON

Industry

Banking

General information

About Banca Transilvania SA

Banca Transilvania SA is a Romanian universal commercial bank. Banca Transilvania Financial Group comprises companies, engaged in financial intermediation, consultancy, investment and pension funds management, as well as leasing services. The bank was ranked second in terms of assets in the country in 2017.

As of November 2018, the bank's shares are included in Bucharest Stock Exchange's blue-chip index BET.


Last updated on Nov 30, 2018.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Oct. 12, 1993
NIN
5022670
Tickers
TLV
Stock Exchange
Bucharest Stock Exchange
ISIN
ROTLVAACNOR1
Profile last updated
Feb. 4, 2019, 2:38 p.m.
Alternative names

    Banca Transilvania JSC
    Banca Transilvania

History

    Oct 12, 1993 - Banca Transilvania SA is established as a banking institution, following the approval by the National Bank of Romania. It is based in Cluj-Napoca, northern Romania and has a subscribed capital of ROL 2.05 bln.

    Dec 16, 1993 - The bank is registered in the Commercial Register of Romania.

    Jan 28, 1994 - Banca Transilvania SA receives an authorisation as a credit institution by the National Bank of Romania.

    Oct 7, 1994 - Banca Transilvania SA sets up its majority-owned subsidiary SAR Transilvania, specialising in insurance services, which is renamed to BT Asigurari Transilvania SA in 2004. In December 2007, Banca Transilvania SA sells BT Asigurari Transilvania SA to French insurance group Groupama International SA for EUR 90 mln.

    June 8, 1995 - The bank sets up BT Leasing Transilvania IFN SA, a leasing services company, based in Cluj-Napoca.

    Oct 15, 1997 - Banca Transilvania SA lists on the Bucharest Stock Exchange.

    February 1999 - Banca Transilvania SA acquires a 10.41% stake in financial intermediation company BT Securities SA, based in Cluj-Napoca.

    July 2001 - The bank increases its stake in BT Securities SA to 75.4%.

    Dec 20, 2001 - The European Bank for Reconstruction and Development (EBRD) acquires a 15% stake in Banca Transilvania SA.

    April 2002 - Banca Transilvania SA increases its stake in BT Securities SA to 88.55%.

    Jan 10, 2003 - The bank establishes micro-financing company BT Direct IFN SA in Cluj-Napoca.

    Jan 16, 2003 - Banca Transilvania SA acquires a stake in Medicredit Leasing IFN SA, in Bucharest, the capital of Romania, specialising in leasing services for medical equipment.

    Feb 22, 2005 - The bank sets up its majority-owned subsidiary BT Asset Management S.A.I. SA in Cluj-Napoca, engaged in management of investment funds.

    July 14, 2006 - Banca Transilvania SA and Austria's Intermarket Bank AG set up Romanian joint venture company Compania de Factoring IFN SA, specialising in financing.

    September 2006 - The bank establishes Clubul Intreprinzatorului Roman (the Romanian Entrepreneurs Club), specialising in business consultancy.

    July 5, 2007 - Banca Transilvania SA and Dutch Aegon Group, establish Romanian pension funds management company BT Aegon Fond de Pensii SA. Banca Transilvania SA holds a 50% stake in the newly established company.

    Dec 20, 2007 - The bank sets up financial brokerage companies BT Evaluator SRL and BT Consultant SRL in Cluj-Napoca.

    2015 - Banca Transilvania SA acquires 100% of local peer Volksbank Romania SA. In January 2016, the merger process of Volksbank Romania SA into Banca Transilvania SA is completed.

    2016 - The bank establishes a subsidiary BT Microfinantare IFN SA.

    March 2016 - Banca Transilvania SA takes over, through its subsidiary BT Securities SA, local consulting company Capital Partners SA. Later, Capital Partners SA merges into BT Securities SA, which changes its name to BT Capital Partners SA.

    January 2018 - The bank acquires 39.0% stake in Moldova`s lender Victoriabank SA.

    February 2018 - Banca Transilvania SA announces its plans to become the sole owner of Victoriabank SA.

    May 2018 - The bank acquires 99.15% of the local units of Greece's Eurobank - Bancpost SA, ERB Retail Services IFN SA and ERB Leasing IFN SA.

    July 2018 - Banca Transilvania SA sells BT Operational Leasing to local company Autonom SA.

    October 2018 - The bank announces its plans to take over Bancpost SA by the end of December 2018.

    Oct 22, 2018 - ERB Leasing IFN SA merges into BT Leasing Transilvania IFN SA and ceases to exist as a separate legal entity.


    Last updated on Nov 30, 2018.

Management

Board of Directors
Mirela Ileana Bordea
Member of the Board
Costel Lionachescu
Member of the Board
Horia Ciorcila
Chairman of the Board
Vasile Puscas
Member of the Board
Thomas Grasse
Member of the Board
Ivo Gueorguiev
Member of the Board
Costel Ceocea
Member of the Board
Mirela Ileana Bordea
Member of the Board
Executive Board
George Calinescu
CFO
Mihaela Nadasan
Executive Director
Gabriela Nistor
Executive Director
Leontin Toderici
COO
Luminita Runcan
Executive Director
Omer Tetik
CEO
Moisa Tiberiu
Executive Director

Contacts

Address
8, George Baritiu Str.
400027
Cluj-Napoca, Romania
Telephones

+40 264 407 150
+40 264 308 028

Fax

+40 264 407 169
+40 264 407 179

Emails

investor.relations@btrl.ro

Websites
www.bancatransilvania.ro

Ownership

Name Direct holding Indirect holding Owner type Country
Others 70.22 Company
European Bank for Reconstruction and Development (EBRD) 8.6 Company UK
Individuals 21.18 Individual

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
BT Investments SRL 100.0 Romania
BT Building SRL 100.0 Romania
BT Leasing Transilvania IFN SA 100.0 Romania
BT Asset Management SAI SA 80.0 Romania
BT Direct IFN SA 100.0 Romania
BT Leasing MD SRL 100.0 Moldova
BT Intermedieri Agent de Asigurare SRL 99.99 Romania
BT Solution Agent de Asigurare SRL 99.95 Romania
BT Transilvania Imagistica SA 99.84 Romania
BT Microfinantare IFN SA 100.0 Romania
Sinteza SA 51.81 Romania
Chimprod S.R.L. 51.69 Romania
Improvement Credit Collection SRL 100.0 Romania
BT Asiom Agent de Asigurare SRL 99.95 Romania
BT Safe Agent de Asigurare SRL 99.99 Romania
BT Capital Partners SA 99.59 Romania
Bancpost SA 99.15 Romania
Victoriabank SA 44.63 Moldova

Products and services

Banca Transilvania SA provides services to:

  • Individual clients:
    • Loans, including consumer, mortgage and energy efficiency loans, as well as overdrafts;
    • Credit and debit cards;
    • Deposits;
    • Current and saving accounts;
    • Money transfers;
    • Currency exchange;
    • Online banking;
    • Utility bill payment services;
    • Investment schemes;
    • Mobile consultancy and banking services;
    • Collection services;
    • Personal safes and safety deposit boxes.
  • Small and medium enterprises and corporate clients:
    • Loans, including investment and working capital loans, capital and money market financing and financing under EU programmes;
    • Deposits;
    • Debit and credit cards;
    • Current and saving accounts;
    • Money transfer;
    • Documentary services;
    • Online banking;
    • Investment schemes;
    • Mobile consultancy and banking services.
  • Institutional clients:
    • Financing to municipalities;
    • Financing to EU programmes and projects;
    • Accounts;
    • Online banking.
  • Financial companies 
  • Healthcare Clients:
    • Mortgage loans
    • Loans for acquisition of medical equipment and vehicles
    • Online banking
    • Mobile consultancy and banking services.

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