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

01.27.2015

Romanian software solution provider Arobs Transilvania might float on the main segment of Bucharest Stock Exchange this year if the audit and market conditions are favorable, as a financing solution 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

10.31.2014

SIF Transilvania (SIF3) had revenues of RON74 million (EUR16.6 million) in the first nine months, down 78.4%, from RON342 million in the same period last year, as stock sales dropped to RON56.5 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

10.14.2014

Romanian regional investment fund SIF Transilvania (SIF3.RO) reported a profit of 18.1 million lei (EUR4.07 million) in the first nine months of the year, down 12-fold from RON213.6 million in the more

09.17.2014

The hotel companies controlled by SIF Transilvania (SIF3.RO) and traded on the Bucharest Stock Exchange in 2013 registered overall losses standing at 5 million lei (EUR1.13 million), ten times higher 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

08.14.2014

Romanian regional investment fund SIF Transilvania (SIF3.RO) Thursday said its revenues dropped to 19.27 million lei (EUR4.3 million) in the first half, from RON215.4 million a year earlier, on more

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

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

05.22.2014

Regional investment fund SIF Transilvania (SIF3.RO) did not find buyers for its 56.72% stake in construction materials producer COMCM Constanta (CMCM.RO), as the price was 25% higher compared with the 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

05.13.2014

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