08.05.2014

Banca Transilvania (TLV.RO) has almost 4 billion lei (EUR1 billion) cash in its accounts from past years' profits and is looking 'carefully and interestedly' at the opportunities on the Romanian more

08.04.2014

Vegetable oil producer Argus Constanta (UARG.RO), owned by SIF Oltenia, will borrow RON70 million (EUR15.8 million) for one year from Banca Transilvania (TLV.RO), to buy raw materials. more

08.04.2014

Romanian lender Banca Transilvania (TLV.RO) Monday reported a first-half net profit of 212 million lei (EUR48 million), up 17.7% on the year, fueled by a rise of the net interest margin. more

07.22.2014

Romanian bank Banca Comerciala Carpatica (BCC.RO) has opened its data room to four potential investors interested in joining the bank’s shareholder structure and help boost its capital position, more

06.20.2014

Fitch Rating on Friday affirmed its ratings on Romanian lender UniCredit Tiriac Bank and Banca Transilvania (TLV.RO), the rating agency said in a statement. more

06.17.2014

The shares of Banca Transilvania (TLV.RO), the largest Romanian-held lender, rose by almost 80% in the past year, the highest increase among Bucharest stock exchange's blue-chips. more

06.09.2014

The ten large banks in Romania, with more than 3% market share, did not help revive lending in the first quarter of 2014 either, as the only one of the pack to have seen a significant increase in loan more

05.28.2014

Veneto Banca Bucharest, the Romanian unit of Italy’s banking group Veneto Banca, expects it will attract around EUR70 million in new deposits this year, the bank’s outgoing general manager Paolo more

05.20.2014

Romanian lender Banca Transilvania invested in the last five years nearly EUR50 million in technology, out of which EUR20 million in the new core-banking system, while the bank’s market share rose more

05.14.2014

Romanian lender Banca Comerciala Carpatica (BCC.RO) on Wednesday said it has swung to a first-quarter loss of 0.9 million lei (EUR0.202 million), hurt by a 39% decline in revenue. more

05.13.2014

Banca Transilvania (TLV.RO) is in talks to buy a bank or a portfolio, with a possible deal set to be sealed if it brings added value and if it is related to the retail or SME segment, states Omer more

05.09.2014

The International Finance Corporation, the private sector arm of the World Bank Group, will provide a $40 million subordinated loan to Romanian lender Banca Transilvania (TLV.RO) to strengthen the more

04.30.2014

Romanian lender Banca Transilvania (TLV.RO) Wednesday reported a first quarter net-profit of 103.4 million lei (EUR23.3 million), up 22.6% on the year, as the higher operating income offset an more

04.29.2014

The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Tuesday re-elected Horia Ciorcila for a new four-year term as chairman of the board, the bank said in a statement. more

04.29.2014

Romanian bank Banca Carpatica is looking for a merger partner that will help propel the lender to the top 10 largest financing institutions on the local market, chief executive Johan Gabriels said. more

04.29.2014

Banca Italo Romena, a unit of Italy’s banking group Veneto Banca, on Tuesday said its loss widened slightly to EUR11.7 million in 2013, from EUR11.1 million a year earlier, hurt by provisions for more

04.28.2014

Commercial lender Banca Comerciala Carpatica (BCC.RO) targets a net profit of RON37.7 million in 2014, slightly down from RON38.4 million a year earlier, on 5% lower revenue, at RON207.1 million, the more

04.25.2014

Romanian commercial lender Banca Comerciala Carpatica (BCC.RO) Friday said it granted a loan worth 9 million lei (EUR2 million) to Genesis Biopartner which will use it to build a new cogeneration more

04.22.2014

Romanian regional investment fund SIF Muntenia (SIF4.RO) bought a 4.07% stake in local lender Banca Transilvania (TLV.RO) last Friday from Bank of Cyprus, for which it paid 150.3 million lei (EUR33.69 more

04.18.2014

Bank of Cyprus, the battered Cypriot bank, sold its almost 10% stake in Romanian lender Banca Transilvania (TLV.RO) for 368.1 million lei (EUR82.5 million) on the Bucharest stock exchange Friday. more

04.15.2014

Romanian housing bank Raiffeisen Banca pentru Locuinţe (RBL) on Tuesday said its net profit tripled on the year to over 1.7 million lei (EUR0.38 million) in 2013, as revenues rose while costs more

04.07.2014

Lender Banca Romaneasca has earmarked EUR50 million to fund small- and medium-sized enterprises (SMEs) and half of the financing is guaranteed by the state within the government-backed program aimed more

04.01.2014

Romanian lender Banca Transilvania (TLV.RO) estimates its pretax profit will rise 16% to 512 million lei (EUR114.7 million) in 2014, helped by a 7% increase in operating income and a slowdown in cost more

03.28.2014

Romania’s central bank has suspended the voting rights of four more shareholders in commercial lender Banca Comerciala Carpatica (BCC.RO) after finding they have been acting in concert with Ilie more

03.26.2014

Romanian lender Banca Transilvania (TLV.RO) on Wednesday proposed increasing its share capital by 352.7 million lei (EUR78.9 million) to RON2.55 billion by incorporating part of the bank’s reserves. more