Banca Transilvania is one of the three largest banks in Romania, in terms of assets. The bank’s mission is to support the development of the business environment, through innovative products and services, offered with professionalism.
Banca Transilvania’s history began in Cluj-Napoca in 1994, at the initiative of a group of business people. The entrepreneurial spirit of its founders led to the consolidation of the bank’s position, initially in Cluj and later at regional and national level. The bank originally focused its activity on the SME and Corporate sector and, due to the market demand, after a short while it turned its attention also to retail. In 1997, Banca Transilvania became the first banking institution in Romania to be quoted on the Bucharest Stock Exchange.
The bank’s activity is organised in three main business lines: Corporate, SME and Retail. Banca Transilvania has more than 2.2 million customers, 550 branches and 7.300 employees and is the first Romanian bank present in Italy.
The bank’s strategy is supported by strong shareholders, such as: the European Bank for Reconstruction and Development and the International Finance Corporation (member of the World Bank Group).