Banca Transilvania

Visa has announced today that cardholders in Romania will now be able to use Apple Pay as part of the service’s expansion into 13 European countries. Apple Pay is transforming the consumer payment experience with an easy, secure and private…

The aggregate value of the top 50 Romanian brands has increased 17% to EUR 5 billion, according to the latest report by Brand Finance, the world’s leading independent brand valuation consultancy. The rise is much higher than the 4.1% annual…

The first forecast regarding the GDP growth, released by Banca Transilvania (BT) considers a 2.8% increase in 2019, a report issued on Thursday reads. In turn, Erste Group Research (EGR) expects an economic growth of almost 3%, down from…

The Finance Ministry has tried to get loans on Monday amounting to RON 400 million from commercial banks on the domestic market. The 7 primary dealers submitted several offers of about 30% of the demanded amount, but the ministry turned…

Sergiu Manea, CEO of Banca Comerciala Romana (BCR), has said on Friday that the bank is considering the postponement of investment plans as a result of the introduction of the new tax for banks. “All the investment plans we have had so…

The Bucharest Stock Exchange (BVB) registered growth on Thursday with the volume reaching RON 32.514 million (EUR 6.969 million), of which RON 30.475 million (EUR 6.532 million) transactions with shares. The reference BET Index,…

The Bucharest Stock Exchange is again in chaos, on Thursday, after a slight recovery in the first ten minutes of transactions. At 13:00h, immediately after the announcement that the Government ordinance that introduces new fiscal measures…

The volume of transactions on the Bucharest Stock Exchange (BVB) has exceeded RON 1 billion Wednesday afternoon at 16.00h, with BRT Index falling by 11.76%, whereas some listed companies having the lower variation limit set at 25%. BET…

Vodafone Romania, OMV Petrom, Banca Transilvania and Auchan are considered the best employers in 2018, according to a survey conducted by the BestJobs recruiting platform, after assessing 100,000 employees. The BestJobs top ranks the…

Banca Transilvania shareholders have approved on Tuesday the merger with Bancpost, setting the date for December 31, 2018. Following the transaction, the new bank will be the largest in Romania. „Seeing the results so far and…