03.03.2025

Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the wake of which it has reached a 23% market share and more

12.18.2024

The shareholders of Banca Transilvania (stock symbol: TLV) have approved BT’s merger with OTP Bank Romania within the Extraordinary General Meeting of Shareholders held on Wednesday (Dec. 18). more

08.08.2024

Banca Transilvania (stock symbol: TLV), the largest bank in Romania by assets, on Thursday informed the local capital market about the changes in the executive management structure of BT, namely the more

08.01.2024

The Filip & Company team has provided legal assistance to Banca Transilvania on closing its acquisition of OTP Bank Romania and OTP Leasing Romania. more

07.30.2024

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, notified the Bucharest Stock Exchange of having signed the papers to complete the acquisition of OTP Bank Romania in its entirety more

07.09.2024

OTP Bank Romania has concluded a EUR21 million financing agreement with Nor Real Estate, part of Atenor Group, for the development of Phase 1 of @Expo project, an office building located in more

03.08.2024

OTP Bank Romania recorded consolidated net profit of RON262 million in 2023, seven times higher than the level reported in 2022,as per the report published in Budapest, which presents the bank's more

02.09.2024

Banca Transilvania (BT.RO) has officially announced in a stock market report on Friday (Feb 9) the acquisition of OTP Bank Romania and of the leasing and asset management companies within OTP Romania more

11.13.2023

OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit. more

03.29.2023

Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a later more

12.05.2022

Luca Victor Rogojanu was appointed Deputy Chief Executive Officer (DCEO) and coordinator of the Credit and Risk Management Division within OTP Bank Romania, the local division of Hungary’s largest more

10.04.2022

OTP Bank Romania introduces the Google Pay service in its portfolio, which makes it possible for Mastercard bank clients to make online or contactless payments at any POS, just with an Android more

09.13.2022

OTP Bank Romania on Tuesday said it participated in financing the loan recently granted on the local market to real estate developer Iulius Group to support investments in Iulius Mall regional more

08.08.2022

OTP Bank Romania on Monday said it increased the interest rates on 1- and 3-month term deposits in lei by 0.4% and 1.10%, reaching up to 5.10% and 6.10%, respectively. more

06.24.2022

OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report. more

05.06.2022

OTP Bank Romania registered a loss of RON24 million in the first quarter of 2022, predominantly impacted by risk costs, according to the report published in Budapest, which presents the consolidated more

04.15.2022

Lender OTP Bank Romania is launching a new funding solution for the local agribusiness sector, named “Ceiling for financing agricultural crops.” more

12.29.2021

OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, on Wednesday said it increased its share capital for the second time in 2021, by over RON200 million. more

09.16.2021

OTP Bank Romania, part of Hungary’s OTP Group, targets a 5% increase in market share until 2024, from 2.65% at end-2020, and the option of an acquisition still stands, Roxana Hidan, deputy CEO of more

09.03.2021

Roxana Maria Hidan, Deputy Chief Executive Officer of OTP Bank Romania, is taking over as head of the bank’s new Business Division, which includes the operating activities for private individual and more

05.07.2021

OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON7 million in the first quarter of 2021, versus a loss of RON11 million in more

11.06.2020

OTP Bank Romania, the subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON39 million in the first nine months of 2020, down 50.6% year-over-year, due to more

07.20.2020

OTP Bank Romania, the subsidiary of the largest banking group in Hungary, has announced the opening of a new a new cashless territorial unit, in Bucharest’s Pipera area, per data provided by the more

05.08.2020

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03.06.2020

OTP Bank Romania, the subsidiary of the largest banking group in Hungary, reported an adjusted net profit after taxation of RON92 million in 2019, up 65% compared with 2018. more