03.27.2013

Romanian lender Banca Transilvania (TLV.RO) plans to increase its share capital by 303.39 million lei (EUR60 million) to RON2.2 billion by capitalizing retained earnings from the previous year, the more

02.19.2013

Romanian lender Banca Transilvania (TLV.RO) has promoted three executive managers to the position of deputy chief executive officer, the bank said in a statement Tuesday. more

02.12.2013

Romanian lender Banca Transilvania (TLV.RO) Tuesday said its net profit rose 40% to 320.4 million lei (EUR72.8 million) in 2012, on higher operating revenue. more

12.21.2012

Horia Ciorcila, managing board chairman at Romanian lender Banca Transilvania (TLV.RO), will coordinate the bank’s business and its Executive Management Committee, replacing Peter Franklin, the bank more

10.29.2012

Romanian lender Banca Transilvania (TLV.RO) Monday said its net profit rose 30% to 265.4 million lei (EUR59.8 million) in the first nine months, on higher revenue from net fees and interests. more

10.26.2012

Market analysts estimate on average that Banca Transilvania (TLV.RO) will report net profit of 248.4 million lei (EUR54.2 million) in the first nine months, up 21.4% on the year. Participants in the more

10.22.2012

The European Bank for Reconstruction and Development has extended a EUR20 million loan to Romanian lender Banca Transilvania (TLV.RO) for on-lending to small- and medium-sized enterprises, EBRD said more

10.18.2012

Romanian lender Banca Transilvania (TLV.RO) plans to sell seven-year convertible bonds to raise EUR30 million, according to the general conditions of the bond which were published on the bank’s more

08.21.2012

BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the total more

08.01.2012

Romanian lender Banca Transilvania (TLV.RO) Wednesday said its net profit rose 47% on the year to 179.6 million lei (EUR40.9 million) in the first half, fueled by a 12% increase in operating income. more

07.25.2012

Romanian lender Banca Transilvania will give loans to farmers covering 90% of the value of subsidies granted through the single payment scheme for 2012, the lender said in a press release Wednesday. more

05.24.2012

Romanian lender Banca Transilvania (TLV.RO) took over 6.91% in brokerage firm SSIF Broker (BRK.RO) from businessman Ioan Cartis in a debt-to-equity deal, the broker said in a statement Thursday. more

05.02.2012

Paradoxically, for lender Banca Transilvania, the crisis has become the best opportunity for growth on the banking market, while the other entities have pulled back from the lending market more

04.30.2012

Romanian lender Banca Transilvania (TLV.RO) Monday said its first quarter net profit rose 73% to 91.8 million lei (EUR21.1 million), on lower provisions. more

04.27.2012

The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Friday approved increasing the bank's share capital by 129.3 million lei (EUR29.5 million), to RON1.903 billion, and launching a more

04.27.2012

Romanian Banca Transilvania (TLV.RO) treasurer Luminiţa Runcan has been appointed deputy general manager and approved by the bank's board on Thursday. more

04.24.2012

The managing board of Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) limited to 5% the voting rights of shareholders allegedly acting in concern with Banca Transilvania (TLV.RO), which more

04.10.2012

A shareholder of Romanian lender Banca Transilvania (TLV.RO) Tuesday proposed the bank launch a buy-back program for a stake of up to 0.84%, valued at 16.8 million lei (EUR3.8 million). more

03.29.2012

Romanian lender Banca Transilvania (TLV.RO) on Thursday said it expects a 20% year-on-year increase in pretax profit, to 334.7 million lei (EUR76.4 million) in 2012 from RON278.2 million a year more

03.22.2012

Romanian lender Banca Transilvania (TLV.RO) Thursday proposed increasing its share capital by 129.38 million lei (EUR29.57) to RON1.9 billion and launching a EUR30 million convertible bond, the bank more

03.20.2012

Romanian lender Banca Transilvania (TLV.RO) and the European Investment Fund have signed a EUR7.5 million loan agreement aimed at supporting micro-enterprises and self-employed entrepreneurs in more

02.16.2012

Romanian lender Banca Transilvania (TLV.RO) and five of its units Wednesday and Thursday sold a total stake of 4% in regional investment fund SIF Banat-Crisana (SIF1.RO) for around 30 million lei more

02.01.2012

Romanian lender Banca Transilvania (TLV.RO) Wednesday reported a preliminary net profit of 131.9 million lei (EUR31 million) for 2011, up 35% on the year, as provisioning costs fell, while net more

01.30.2012

Banca Transilvania (TLV.RO) has bought back 1.3 million of its own shares since the beginning of the year, paying 1.17 million lei (EUR272,000). The shares will be paid to employees and managers as more

01.20.2012

As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave? more