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

05.09.2014

Romanian regional investment fund SIF Transilvania (SIF3.RO) has swung to a first-quarter loss as the fund’s revenues tumbled, hit by lower asset sales. 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

04.28.2014

Shareholders of Romania’s regional investment fund SIF Transilvania (SIF3.RO) approved the doubling of the fund’s share capital from RON109.2 million to RON218.4 million, by capitalizing RON109.2 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

04.17.2014

Regional investment fund SIF Transilvania (SIF3.RO) plans to sell, by secondary public offering, its 56.72% stake in construction materials producer COMCM Constanta (CMCM.RO) for 33.56 million lei more