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BT is the largest bank in Romania in terms of [[asset]]s, with a market share of over 16%.<ref>{{cite web|url=https://www.gandul.info/financiar/banca-transilvania-a-devenit-cea-mai-mare-banca-din-romania-dupa-fuziunea-cu-bancpost-17893496|title=BANCA TRANSILVANIA a devenit cea mai mare bancă din România, după fuziunea cu BANCPOST|website=www.gandul.info|accessdate=28 February 2019}}</ref> Its activities are organized into four main business lines: corporate banking, IMM, retail banking and medical division. BT has about 1.76 million customers, 550 locations, and over 7,000 employees.<ref name="u6">{{cite web |url=http://www.bancatransilvania.ro/index/3.html|title=Banca Transilvania - Persoane fizice|website=Banca Transilvania|accessdate=17 August 2017|url-status = dead |archiveurl=https://web.archive.org/web/20100501214752/http://www.bancatransilvania.ro/index/3.html|archivedate=1 May 2010|df=}}</ref> Since June 2013, the [[CEO]] of BT has been Ömer Tetik.<ref name="pn2013-15-05">[http://www.zf.ro/banci-si-asigurari/obiectivul-principal-al-lui-tetik-noul-ceo-al-bancii-transilvania-sa-ridice-cota-de-piata-la-peste-10-10878316 Obiectivul principal al lui Tetik, noul CEO al Băncii Transilvania: să ridice cota de piață la peste 10%] 15 May 2013, zf.ro, accessed at 7 October 2013</ref>
BT is the largest bank in Romania in terms of [[asset]]s, with a market share of over 16%.<ref>{{cite web|url=https://www.gandul.info/financiar/banca-transilvania-a-devenit-cea-mai-mare-banca-din-romania-dupa-fuziunea-cu-bancpost-17893496|title=BANCA TRANSILVANIA a devenit cea mai mare bancă din România, după fuziunea cu BANCPOST|website=www.gandul.info|accessdate=28 February 2019}}</ref> Its activities are organized into four main business lines: corporate banking, IMM, retail banking and medical division. BT has about 1.76 million customers, 550 locations, and over 7,000 employees.<ref name="u6">{{cite web |url=http://www.bancatransilvania.ro/index/3.html|title=Banca Transilvania - Persoane fizice|website=Banca Transilvania|accessdate=17 August 2017|url-status = dead |archiveurl=https://web.archive.org/web/20100501214752/http://www.bancatransilvania.ro/index/3.html|archivedate=1 May 2010|df=}}</ref> Since June 2013, the [[CEO]] of BT has been Ömer Tetik.<ref name="pn2013-15-05">[http://www.zf.ro/banci-si-asigurari/obiectivul-principal-al-lui-tetik-noul-ceo-al-bancii-transilvania-sa-ridice-cota-de-piata-la-peste-10-10878316 Obiectivul principal al lui Tetik, noul CEO al Băncii Transilvania: să ridice cota de piață la peste 10%] 15 May 2013, zf.ro, accessed at 7 October 2013</ref>


==General Information==
Banca Transilvania is the first Romanian bank to open a branch in Rome.<ref>{{cite web|url=http://www.bancatransilvania.ro/bt-social-media-newsroom/hot-topic-italia/|title=BT Social Media Newsroom|website=www.bancatransilvania.ro|accessdate=17 August 2017|archive-date=26 February 2014|archive-url=https://web.archive.org/web/20140226083858/http://www.bancatransilvania.ro/bt-social-media-newsroom/hot-topic-italia/|url-status=dead}}</ref>
⚫
A large Romanian bank, Banco Transilvania has over 1.76 million customers. The [[European Bank for Reconstruction and Development]] (EBRD) is the largest shareholder in the bank (15% of capital).<ref name="u6"/>


⚫
In 2013, Banca Transilvania was considered the third largest bank in Romania, not having experienced losses during a financial crisis plaguing the nation in the year.<ref>[http://www.zf.ro/zf-24/topul-celor-mai-mari-banci-12136004 Topul celor mai mari bănci] 24 February 2014, zf.ro, accessed on 25 February 2014</ref><ref>[http://www.wall-street.ro/articol/Finante-Banci/161548/institutia-financiara-care-nu-a-cunoscut-pierderea-in-criza.html#Scene_1 Instituția financiară care nu a cunoscut pierderea în criză] 13 February 2014, wall-street.ro, accessed on 25 February 2014</ref>
== Bank highlights ==

* Banca Transilvania consolidated the third place among the largest banks.<ref>[http://www.zf.ro/zf-24/topul-celor-mai-mari-banci-12136004 Topul celor mai mari bănci] 24 February 2014, zf.ro, accessed on 25 February 2014</ref>
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In 1997, it became the first bank in Romania to be listed on the [[Bucharest Stock Exchange]]<ref name="u6"/> It entered Superbrands Romania for the first time in 2013. Furthermore, it also launched the [[Western Union]] [[money transfer service]] via [[Internet Banking]]<ref>[https://web.archive.org/web/20131004214030/http://incomemagazine.ro/articles/premiera-serviciu-de-transfer-de-bani-prin-internet-banking Premieră: serviciu de transfer de bani prin Internet Banking] 5 April 2012, incomemagazine.ro, accessed at 7 October 2013</ref> and [[ATM]].<ref>[http://www.capital.ro/detalii-articole/stiri/banca-transilvania-lanseaza-transferurile-de-bani-prin-atm-141622.html Banca Transilvania lansează transferurile de bani prin ATM] 25 November 2010, capital.ro, accessed at 7 October 2013</ref>
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* Banca Transilvania is the financial institution which did not experience losses during the crisis. It registered in 2013 increasing financial results from the previous year.<ref>[http://www.wall-street.ro/articol/Finante-Banci/161548/institutia-financiara-care-nu-a-cunoscut-pierderea-in-criza.html#Scene_1 Instituția financiară care nu a cunoscut pierderea în criză] 13 February 2014, wall-street.ro, accessed on 25 February 2014</ref>
⚫
* [[European Bank for Reconstruction and Development]] (EBRD) is the largest BT shareholder (15% of the BT's share capital).<ref name="u6"/>
* Banca Transilvania is the first bank in Romania to be listed on the [[Bucharest Stock Exchange]] in 1997.<ref name="u6"/>
* The first bank in Romania to launch the site Social Media Newsroom, a platform which integrates press releases, BT news, and social media.<ref>{{cite web|url=http://www.bancatransilvania.ro/bt-social-media-newsroom/|title=BT Social Media Newsroom|website=www.bancatransilvania.ro|accessdate=17 August 2017}}</ref>
* Cluj has Soul is the biggest social involvement project of BT.
* [[Horia Ciorcila]], BT founder and Chairman of the Council of Administration, is among the largest investors on the Romanian stock exchange.<ref>[http://www.zf.ro/zf-24/topul-celor-mai-mari-investitori-romani-de-pe-bursa-11450230 Topul celor mai mari investitori români de pe bursă] 4 October 2013, zf.ro, accessed at 7 October 2013</ref>
* BT is on the first place among the most valuable companies controlled by Romanian investors.<ref>[http://www.zf.ro/zf-24/topul-celor-mai-valoroase-companii-controlate-de-investitori-romani-11449941 Topul celor mai valoroase companii controlate de investitori români] 4 October 2013, zf.ro, accessed at 7 October 2013</ref>
* BT, for the first time among Superbrands Romania in 2013.<ref>[http://www.forbes.ro/Superbrandurile-romanesti-apreciate-din-patriotism_0_8760.html Superbrandurile românești, apreciate din patriotism] 12 September 2013, forbes.ro, accessed at 7 October 2013</ref>
* BT, in the Social Brands 2013 Top, realized in 2013 by Biz magazine.<ref>[http://www.revistabiz.ro/top-social-brands-1263.html Top Social Brands] 28 June 2013, revistabiz.ro, accessed at 7 October 2013</ref>
* BT, among the most powerful Romanian brands, top realized in 2013 by Biz magazine.<ref>[http://www.revistabiz.ro/branduri-campioane-in-social-media-in-2013-1241.html Branduri campioane în Social Media în 2013] 20 June 2013, revistabiz.ro, accessed at 7 October 2013</ref>
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* National premiere: the launch of Western Union money transfer service through Internet banking.<ref>[https://web.archive.org/web/20131004214030/http://incomemagazine.ro/articles/premiera-serviciu-de-transfer-de-bani-prin-internet-banking Premieră: serviciu de transfer de bani prin Internet Banking] 5 April 2012, incomemagazine.ro, accessed at 7 October 2013</ref>
* World premiere: Western Union and Banca Transilvania have launched money transfer service through ATM.<ref>[http://www.capital.ro/detalii-articole/stiri/banca-transilvania-lanseaza-transferurile-de-bani-prin-atm-141622.html Banca Transilvania lansează transferurile de bani prin ATM] 25 November 2010, capital.ro, accessed at 7 October 2013</ref>
* In 2003, the bank initiated a rebranding program.<ref name="u6"/>


== Bank net profit ==
== Bank net profit ==

Revision as of 12:21, 2 February 2023

Banca Transilvania S.A.
Company typeSocietate pe Acțiuni
BVB: TLV
ISINROTLVAACNOR1
IndustryBanking, Financial services
Founded1993; 31 years ago (1993)
Headquarters
Cluj-Napoca
,
Romania
Number of locations
507 (2021)
Key people
ProductsCommercial banking, Investment banking, Private banking, Asset management
RevenueIncrease RON 4.35 billion (2021)
Increase RON 2.02 billion (2021)
Increase RON 1.78 billion (2021)
Total assetsIncrease RON 125.06 billion (2021)
Total equityDecrease RON 9.35 billion (2021)
Number of employees
8,651 (2021)
Websitebancatransilvania.ro
Footnotes / references
[1]

Banca Transilvania S.A. (also BT or TLV) is a banking institution with headquarters in Cluj-Napoca, Romania. The bank was founded in 1993 in Cluj-Napoca with a capital of 2 billion RON, of which 79% was Romanian and 21% foreign.

BT is the largest bank in Romania in terms of assets, with a market share of over 16%.[2] Its activities are organized into four main business lines: corporate banking, IMM, retail banking and medical division. BT has about 1.76 million customers, 550 locations, and over 7,000 employees.[3] Since June 2013, the CEO of BT has been Ömer Tetik.[4]

General Information

A large Romanian bank, Banco Transilvania has over 1.76 million customers. The European Bank for Reconstruction and Development (EBRD) is the largest shareholder in the bank (15% of capital).[3]

In 2013, Banca Transilvania was considered the third largest bank in Romania, not having experienced losses during a financial crisis plaguing the nation in the year.[5][6]

In 1997, it became the first bank in Romania to be listed on the Bucharest Stock Exchange[3] It entered Superbrands Romania for the first time in 2013. Furthermore, it also launched the Western Union money transfer service via Internet Banking[7] and ATM.[8]

Bank net profit

  • 2007: 102 million euros[9]
  • 2008: 108.2 million euros[10]
  • 2009: 14.6 million euros[11]
  • 2010: 24.43 million euros[12]
  • 2011: 51.34 million euros[13]
  • 2012: 71.98 million euros[14]
  • 2013: 83.44 million euros[15]

Bank assets

  • 2006: 1.2 billion euros[16]
  • 2007: 3.8 billion euros[9]
  • 2008: 4.2 billion euros[17]
  • 2009: 4.6 billion euros[11]
  • 2010: 4.8 million euros[12]
  • 2011: 5.8 million euros[13]
  • 2012: 6.6 million euros[14]
  • 2013: 7.1 billion euros[15]

Banca Transilvania's stock value was headed in 2007 toward 2 billion euros, but after drastic corrections on the financial markets, the bank reached a stock value of below 300 million euros in April 2009.[11]

In December 2009, Bank of Cyprus acquired 9.7% of Banca Trasilvania's shares through several transactions made on Bucharest Stock Exchange totaling 58 million euros.[18]

Banca Transilvania registered for Q1 of 2014, a net profit of 103.4 million lei, almost 23 million euros, having a 23% increase since last year's same period.[19]

The BT Financial Group

A typical BT branch, in Iaşi.

The BT Financial Group was formed in 2003, and includes Banca Transilvania, BT Asset Management, BT Direct, BT Leasing, BT Securities, Factoring company, BT Finop Leasing and Medicredit.[20] BT has 100% equity shares or majority positions in the other parts of the group, all of which use the BT logo.

BT Asset Management (BT AM) manages the group activities.[21] It was founded in 2005 and manages the BT Maxim, BT Classic [22][23] and BT Invest 1 closed-end investment funds, which hold shares in Romanian companies with high growth potential.[24] In 2007, BT Asset Management was the leading Romanian mutual fund with a market share of 15.3%,[25] in 2008 it slipped to 5th place, with a market share of 5.2% and assets of 77.3 million RON.[26]

Sponsorships

As of 2021, it is the official jersey sponsor of the Romanian national basketball team, CS Universitatea Cluj-Napoca (men's basketball) and Romania national under-21 football team.

Notes

  1. ^ "2021 Annual report" (PDF). IRIS. 29 April 2022. p. 30.
  2. ^ "BANCA TRANSILVANIA a devenit cea mai mare bancă din România, după fuziunea cu BANCPOST". www.gandul.info. Retrieved 28 February 2019.
  3. ^ a b c "Banca Transilvania - Persoane fizice". Banca Transilvania. Archived from the original on 1 May 2010. Retrieved 17 August 2017.
  4. ^ Obiectivul principal al lui Tetik, noul CEO al Băncii Transilvania: să ridice cota de piață la peste 10% 15 May 2013, zf.ro, accessed at 7 October 2013
  5. ^ Topul celor mai mari bănci 24 February 2014, zf.ro, accessed on 25 February 2014
  6. ^ Instituția financiară care nu a cunoscut pierderea în criză 13 February 2014, wall-street.ro, accessed on 25 February 2014
  7. ^ Premieră: serviciu de transfer de bani prin Internet Banking 5 April 2012, incomemagazine.ro, accessed at 7 October 2013
  8. ^ Banca Transilvania lansează transferurile de bani prin ATM 25 November 2010, capital.ro, accessed at 7 October 2013
  9. ^ a b Topul celor mai profitabile banci pe anul trecut, 31 March 2008, wall-street.ro, accessed at 7 October 2013
  10. ^ Top 10 cele mai profitabile banci pe anul trecut, 19 March 2009, wall-street.ro, accessed at 7 October 2013
  11. ^ a b c Rekkers, BT: Am realizat profitul brut asumat in fata actionarilor nostri, 3 February 2010, wall-street.ro, accessed at 7 October 2013
  12. ^ a b Profitul Bancii Transilvania a crescut cu 58% in 2010, 2 February 2011, wall-street.ro, accessed on 21 October 2013
  13. ^ a b Cu ce rezultate a lăsat Rekkers Banca Transilvania. Vezi bilanțul băncii, 1 February 2012, wall-street.ro, accessed on 21 October 2013
  14. ^ a b Profitul Băncii Transilvania a crescut cu o treime, la 72 mil. euro, 12 February 2013, wall-street.ro, accessed on 21 October 2013
  15. ^ a b Rezultatele Banca Transilvania pe 2013: profit de 375 milioane lei, în creștere cu 17%, 13 February 2014, zf.ro, accessed on 25 February 2014
  16. ^ Compania de Factoring are o cota de piata de 3% ,dupa primele patru luni, 1 February 2007, wall-street.ro, accessed at 7 October 2013
  17. ^ Top 10 cele mai mari banci din Romania, 1 July 2009, wall-street.ro, accessed at 7 October 2013
  18. ^ [1] Archived 2015-04-27 at the Wayback Machine, 17 December 2009, financiarul.ro, accessed at 7 October 2013
  19. ^ Banca Transilvania face in T1 profit de 103,4 milioane lei, in crestere cu 23%, 30 April 2014, wall-street.ro, accessed on 29 May 2014
  20. ^ Banca Transilvania a cumparat 50% din capitalul Companiei de Factoring, 30 October 2009, wall-street.ro, accessed at 7 October 2013
  21. ^ BT Invest 1, un nou fond inchis de investi, 29 November 2005, romanialibera.ro, accessed at 7 October 2013
  22. ^ Fondurile mutuale pacalesc incertitudinea fiscala, 16 November 2005, wall-street.ro, accessed at 7 October 2013
  23. ^ Activele nete ale BT Clasic si BT Maxim, 31 January 2006, romanialibera.ro, accessed at 7 October 2013
  24. ^ BT Invest aduce pe Bursă o firmă de construcții din Arad, 28 February 2008, zf.ro, accessed at 7 October 2013
  25. ^ Profit de 6 ori mai mare la BT Asset Management, 10 April 2007, zf.ro, accessed at 7 October 2013
  26. ^ Planurile BT Asset Management in 2009, 8 July 2009, incomemagazine.ro, accessed on 7 October 2013
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