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Tag Archives: Volksbank Romania

Banca Transilvania becomes the second largest bank in Romania by assets; Over RON 1.2 bn profit in 2016

Banca Transilvania (BT)’s net profit amounts to RON 1,233 million last year, whereas that of the Group amounts to RON 1,282 million, according to the financial results report, a press release informs. At the same time, BT ended the 2016 ...

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Find out which were the most profitable companies in Romania last year…

Banca Transilvania was the most profitable company last year, reporting a net profit of RON 2.4 billion (EUR 543.9 million), almost six times more than in 2014. Thus, the bank topped from tenth place in 2014, wall-street.ro informs, using National ...

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Banca Transilvania tops the rankings of most profitable banks in Romania

The Romanian banks last year were among the most profitable institutions of this kind in Europe, taking into account the Return On Assets (ROA) indicator, which measures the profitability of the managed assets, representing the ratio between net profit and ...

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Foreign banks have brought EUR 570 M in Romania in H1

Mother-banks have capitalized the subsidiaries in Romania with EUR 568.1 million in the first six months of this year, compared to EUR 104.46 million in the same period last year, according to the data released by the National Trade Register Office ...

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Significant profit for Banca Transilvania in Q1, up by more than 40 pc yoy

Banca Transilvania (BT) recorded positive results in the first quarter of 2015. Gross profit reached RON 177.19 million, 43.4 percent higher compared to the similar period of 2014, a press release informs. At the end of Q1 2015, the bank’s ...

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Banca Transilvania in talks to buy Volksbank Romania, sources said

Banca Transilvania, Romania’s third-biggest lender, is interested in taking over the local Austrian  Volksbank – Oesterreichische Volksbanken AG (VBPS) subsidiary, a unit up for sale as its bank parent is wound down, bloomberg.com informs quoting two people with knowledge of ...

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