05.08.2015

Banca Comerciala Carpatica (BCC) on Friday said it switched to profit in the first quarter of 2015, posting a positive of nearly RON0.65 million, from a loss of nearly RON1 million in the same period more

04.30.2015

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a net profit of 151.5 million lei (EUR34.3 million) for the first quarter, up 46.5% on the year-earlier period. more

04.30.2015

Shareholders of Banca Transilvania (TLV.RO) approved Wednesday the bank’s share capital increase by RON417.38 million (EUR94.7 million) to RON3.03 billion, from the current RON2.608 billion. more

04.22.2015

Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL) reported a net profit of over RON1.7 million in 2014, up 4% on the year, while the number of clients rose 10% to 217,000, the bank said more

04.07.2015

Romanian lender Banca Transilvania (TLV.RO) completed Tuesday the acquisition of Volksbank Romania, in a deal valued at more than 710 million euros. more

03.25.2015

Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesday. more

03.17.2015

Banca Transilvania (TLV.RO) announced Tuesday that it received all approvals from Romania’s Competition Council and the central bank (BNR) to take over Volksbank Romania. more

03.03.2015

Romanian lender Banca Romaneasca, member of National Bank of Greece group, estimates it will grant mortgage loans worth RON124 million under the state guaranteed mortgage lending First Home program more

02.23.2015

Banca Transilvania (TLV.RO) targets an increase of 8% in loans granted to small and medium-sized businesses, to RON10.8 billion, from RON6.83 billion last year. more

02.13.2015

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said it switched to 170 million lei (EUR38.2 million) loss in 2014, from RON38.4 million profit a year before, after booking additional more

02.13.2015

Romanian lender Banca Transilvania (TLV.RO) Friday reported a 19.5% rise in its net profit for 2014, as increased lending activity led to a higher operating income. more

12.21.2014

Romanian lender Banca Comerciala Carpatica (BCC.RO) on Friday rejected Nextebank’s merger offer and authorized the bank’s management to hike the share capital by maximum RON155 million (EUR34.67 more

12.18.2014

Impact Developer&Contractor, controlled by businessman Gheorghe Iaciu, contracted two loans, totaling RON18 million (EUR4 million), from lender Banca Transilvania (TLV.RO) to develop Greenfield 2 more

12.15.2014

Fitch Ratings placed Romania-based Banca Transilvania (TLV. RO) BB- Long-term IDR and 'bb-' Viability Rating on Rating Watch Evolving (RWE), following the announcement on the takeover of Volksbank more

12.10.2014

Banca Transilvania (TLV.RO) won’t need additional capital resources to fund the acquisition of Volksbank Romania, and the financial details of the deal will be announced in a few months, the more

12.10.2014

Romanian lender Banca Transilvania (TLV. RO) Wednesday said it approved the acquisition of Volksbank Romania, the local unit of Österreichische Volksbank en AG. more

12.09.2014

Talks between Banca Transilvania and Volksbank are edging closer to getting the “final signature” from the Austrian bank’s shareholders, and the price of the deal has been the main topic of more

11.26.2014

Banca Transilvania (TLV.RO), the third largest bank in Romania, Wednesday said it is negotiating the acquisition of the Romanian subsidiary of Austrian group Volksbank. more

11.18.2014

The European Bank for Reconstruction and Development (EBRD) is providing EUR15 million of new financing to Romania’s Banca Transilvania for on-lending to small and medium-sized enterprises (SMEs) more

11.11.2014

International Finance Corporation (IFC), a division of the World Bank Group, raised its stake in Romanian lender Banca Transilvania (TLV.RO) from 3.54% to 5.36%, following the conversion into shares more

10.30.2014

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a significant rise in net profit for the first nine months of the year, supported by higher operational revenue and cost control more

10.22.2014

Romanian lender Banca Transilvania (TLV.RO) will receive EUR150 million from the European Investment Bank (EIB) to finance projects carried out by small- and medium-sized enterprises (SMEs), companies more

08.28.2014

The board of Romanian lender Banca Transilvania (TLV.RO) approved Thursday a capital hike by RON49.44 million (EUR11.22 million) by converting bonds into shares. more

08.26.2014

JC Flowers, a private equity firm founded by a former partner and executive at Goldman Sachs, is in competition with AnaCap and Axxess Capital for a stake in Romanian lender Banca Carpatica (BCC.RO), more

08.08.2014

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said it switched to a loss in the first year-half, mainly due to one-off items, while the operational performance was roughly unchanged. more