Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).
Romanian private healthcare group MedLife has announced an increase in its syndicated credit facility by €50 million, bringing the total to €330 million.
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.
Romania's annual inflation rate climbed to 9.88% in September, a marginal increase from the 9.85% recorded in August, according to the latest data from the INS.
Investors in Central Europe are optimistic about the upcoming months, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey.
Romania's private companies are forecasting a slowdown in salary growth for 2026, with an average projected increase of 6%.
Bogdan Putinică has announced his resignation from his position as Microsoft Area General Manager for Central Europe, which includes operations...
Romania is set to establish its first national AI infrastructure through a joint project launched by the National Institute for Research and Development in Informatics.