
Banca Transilvania Bank Group and Holdings Structure is quite complex, but it's actually pretty straightforward once you break it down. The bank has a single-tier structure, meaning there are no intermediate holding companies.
At the top of the structure is Banca Transilvania SA, the parent company that oversees the entire group. Banca Transilvania SA is listed on the Bucharest Stock Exchange, giving it a level of transparency and accountability.
The bank's subsidiaries are organized into different business lines, including retail banking, corporate banking, and asset management. These subsidiaries operate under the Banca Transilvania brand, but each has its own distinct focus and customer base.
Bank Performance
Banca Transilvania's net profit has fluctuated over the years, with a significant dip in 2009 to 14.6 million euros.
In 2007, the bank's net profit was 102 million euros, followed by a slight increase to 108.2 million euros in 2008. By 2010, the net profit had risen to 24.43 million euros.
The bank's financial performance improved steadily from 2010 to 2013, with net profits increasing to 51.34 million euros in 2011, 71.98 million euros in 2012, and 83.44 million euros in 2013.
Here's a summary of the bank's net profit over the years:
Company Information
Banca Transilvania is one of the largest banks in Romania, with a long history dating back to 1999. It was founded by a group of entrepreneurs and investors.
The bank's headquarters is located in Cluj-Napoca, a city in the heart of Transylvania.
Executive Committee: S.A
The Executive Committee of S.A is responsible for making key decisions for the company. The committee consists of highly experienced individuals with a wealth of knowledge in their respective fields.
At the helm is Omer Tetik, the CEO, who has been leading the company since January 6, 2013. He is 52 years old and brings a wealth of experience to the role.
George-Razvan Cãlinescu serves as the Director of Finance/CFO, a position he has held since September 1, 2013. He is 50 years old and has a strong background in finance.
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Leontin Toderici is the Chief Operating Officer, a role he has held since November 1, 2005. He is 55 years old and has been with the company for over 16 years.
Bogdan Plesuvescu is the General Counsel, responsible for providing legal guidance to the company. He is 49 years old and has been with the company since an unspecified date.
Rares Zurgalau is a Corporate Officer/Principal, a position he has held since October 1, 2002. He is an experienced professional with a strong background in corporate affairs.
Here is a brief overview of the Executive Committee:
Board Composition
The Board Composition of Banca Transilvania S.A. is made up of six members. Each member has a unique title and has been serving the board for varying lengths of time.
The Chairman of the board is Horia Ciorcila, who has been in the role since January 1, 2002, at the age of 61.
Thomas Grasse, Ivo Gueorguiev, and Vasile Puscas are also board members, with Grasse and Gueorguiev joining the board on April 29, 2014, and Puscas joining on October 1, 2013.
Mirela Ileana Bordea joined the board on April 26, 2017, at the age of 70, and Lucyna Stanczak-Wuczynska joined on January 1, 2022, at the age of 59.
Florin Predescu VasvarI is the youngest board member, joining on January 1, 2022, at the age of 46.
Here is a list of the board members, including their titles and ages:
Bank Operations
Banca Transilvania's bank operations have seen significant fluctuations over the years. In 2007, the bank's net profit was 102 million euros.
The bank's financial performance improved in 2008, with a net profit of 108.2 million euros. By 2009, however, the net profit had dropped to 14.6 million euros.
Here's a breakdown of the bank's net profit from 2007 to 2013:
Sales by Activity
Bank operations are a complex and multifaceted field, and understanding the various activities that drive sales is essential for any financial institution.
Banca Transilvania S.A.'s sales by activity have shown a significant increase in recent years.
The retail segment has seen a steady growth, with sales increasing from 166Cr in 2019 to 223.16Cr in 2023.
Micro sales have also experienced a notable surge, rising from 64Cr in 2019 to 95Cr in 2023.
The mid corporate segment has maintained a relatively stable sales figure, ranging from 39Cr in 2020 to 70Cr in 2023.
Large corporate sales have shown a steady increase, with sales rising from 18Cr in 2019 to 36Cr in 2023.
Other group sales have seen a significant fluctuation, with sales increasing from 105.08Cr in 2020 to 143.2Cr in 2023.
Here's a breakdown of the sales by activity for Banca Transilvania S.A.:
Sales by Region
Banca Transilvania S.A. saw a significant increase in sales in Romania between 2019 and 2023.
In 2019, the bank's sales in Romania were zero, a stark contrast to the following years.
By 2020, the bank's sales in Romania had reached 374.62Cr.
The sales continued to rise, reaching 463.82Cr in 2021, a 23.7% increase from the previous year.
In 2022, the bank's sales in Romania jumped to 588.05Cr, a 27.1% increase from the previous year.
By 2023, the bank's sales in Romania had reached 739.79Cr, a 26.1% increase from the previous year.
Geographical Breakdown of Sales by Year:
Client Relationships
At Banca Transilvania, client relationships are a top priority. The bank's customer service team is available to help with any questions or concerns you may have.
You can reach the team by phone at 0264 594 803, Monday through Friday, between 8:00 and 20:00. This number is available for making complaints, suggestions, or praises about the bank's services and products.
The bank's email address is [email protected], where you can send any messages related to your relationship with the bank. You can expect a response as soon as possible.
If you're an international client or need assistance in English, the bank offers alternative contact methods.
Bank Locations
Banca Transilvania has several locations in Romania.
You can find a Banca Transilvania branch in Iași at Str. Ghica Voda nr.3A, with a phone number of 0232 215011.
Another branch is located in Baia-Mare at B-dul Unirii nr. 5A, with a phone number of 0262 227 984.
Additional reading: Cassa Centrale Banca - Credito Cooperativo Italiano
Branches and Agencies Date in Romania

Banca Transilvania has several branches and agencies in Romania.
The IASI branch is located at Str. Ghica Voda nr.3A and can be reached at 0232 215011.
In BAIA-MARE, you can find a branch at B-dul Unirii nr. 5A, with a phone number of 0262 227 984.
Banca Transilvania also has a branch in Constanța, situated on Bd. Mamaia, Nr. 134, CONSTANȚA.
You can contact the Constanța branch at 0241619116.
Craiova, Dolj
Craiova, Dolj is home to Banca Transilvania, a bank with a physical location. You can find it at Str. Iancu Jianu nr.16, which is also referred to as Punctul de lucru PIC 2.
If you need to get in touch with them, you can give them a call at 0251 419 745.
Timis
Timis is home to a Banca Transilvania branch in Timisoara.
You can find it on B-dul Republicii nr. 4.
The phone number is 0256 293 448.
Foșcani, Vrancea
If you're looking for a bank location in Foșcani, Vrancea, you're in luck because there's a branch right in the city.
Sucursala FOCSANI, the branch in Foșcani, can be found on Str. Mare a Unirii nr.1.
You can reach the Sucursala FOCSANI branch by phone at 0237 237 355.
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Bank Group
Banca Transilvania Group's history dates back to 2003, when it was formed with Banca Transilvania as its main component.
The group has since grown to include various subsidiaries, such as BT Asset Management, BT Direct, BT Leasing, BT Securities, Compania de Factoring, BT Finop Leasing, and Medicredit.
Banca Transilvania holds a 100% stake in most of its subsidiaries, with BT Asset Management being responsible for managing the group's assets.
Here is a list of some of the group's subsidiaries:
These subsidiaries provide a range of financial services, including banking, leasing, and asset management.
HOLDINGS:
As we explore the Bank Group, let's take a closer look at their holdings. Banca Transilvania S.A. is one of the notable holdings, making up 0.26% of the equities.
Banca Transilvania S.A. has a significant valuation of $13,905,362.
Grupul Financiar
Grupul Financiar Banca Transilvania was formed in 2003. It's a banking group with a strong presence in Romania.
The group's main component is Banca Transilvania, which has a 100% stake in several subsidiaries. This includes BT Asset Management, BT Direct, BT Leasing, BT Securities, Compania de Factoring, BT Finop Leasing, and Medicredit.

BT Asset Management, established in 2005, administers the group's assets and manages several investment funds. In 2007, it was the market leader in mutual funds with a 15.3% market share.
Here's a breakdown of the group's entities:
This list highlights the various entities that make up Grupul Financiar Banca Transilvania. Each entity has its own domain of activity and CUI (Cod unic de identificare).
OTP Sells OTP Bank Romania
OTP Bank Group has made a significant move in the Romanian banking sector. OTP Bank Romania was sold.
The sale of OTP Bank Romania has been a major development in the banking industry.
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Bank History
Banca Transilvania was founded in 1993 in Cluj-Napoca by 46 entrepreneurs with a capital of 2 million dollars. The bank's first branch was opened in Cluj in 1994, with a team of 13 people.
The bank's early years were marked by rapid expansion, with Banca Transilvania becoming the first bank listed on the Bucharest Stock Exchange in 1997. This was followed by a collaboration with the European Bank for Reconstruction and Development (BERD) in 1999 to support local small and medium-sized enterprises.
Here's a brief timeline of the bank's major milestones:
- 1993: Banca Transilvania is founded in Cluj-Napoca
- 1994: First branch is opened in Cluj
- 1997: Listed on the Bucharest Stock Exchange
- 1999: Collaboration with BERD begins
- 2003: BERD becomes a significant shareholder
- 2008: Bank consolidates as a financial group
- 2009: Bank of Cyprus acquires 9.7% of the bank's shares
- 2012: Bank adapts to the global financial crisis
- 2015-2016: Bank acquires Volksbank România
- 2017-2018: Bank acquires Bancpost
- 2019: Bank acquires Certinvest Pensii
- 2020: Bank adapts to the COVID-19 context
- 2021: Bank acquires Idea::Bank and Idea::Leasing
- 2022: Bank acquires Țiriac Leasing
- 2023: Bank reaches 4 million customers
- 2024: Bank signs agreement to acquire OTP Bank România
Notes
Banking in Romania has a rich history, and one institution that stands out is Banca Transilvania. In 1993, Banca Transilvania was established, marking the beginning of its journey.
The bank's growth was steady, and by 2007, it had already made a name for itself in the Romanian financial market. Banca Transilvania's assets were impressive, with a notable mention being the company's factoring business, which had a market share of 3% by the end of the first quarter.
In 2008, the bank's profit was reported to be 6 times higher than the previous year, a remarkable achievement. This success was largely due to the bank's ability to adapt to the changing market conditions.
By 2009, Banca Transilvania had become one of the top 10 banks in Romania, with a significant presence in the country's financial landscape. The bank's investment arm, BT Invest, had also made a name for itself, with a notable mention being the listing of a construction company from Arad on the Bucharest Stock Exchange.
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Here's a brief overview of Banca Transilvania's major milestones:
- 1993: Banca Transilvania was established
- 2007: The bank's factoring business had a market share of 3%
- 2008: The bank's profit was 6 times higher than the previous year
- 2009: Banca Transilvania became one of the top 10 banks in Romania
- 2009: BT Invest listed a construction company from Arad on the Bucharest Stock Exchange
The bank's success continued in the following years, with a notable mention being the acquisition of 50% of the capital of Compania de Factoring in 2009. This strategic move helped the bank to further expand its presence in the Romanian financial market.
Istorie
Banca Transilvania was founded in 1993 by 46 entrepreneurs with an initial capital of 2 million dollars.
The bank started its operations in 1994 with a team of 13 people and the opening of its first branch in Cluj-Napoca.
Banca Transilvania became the first bank listed on the Bucharest Stock Exchange in 1997.
The bank's first collaboration with the European Bank for Reconstruction and Development (BERD) took place in 1999 to support local small and medium-sized enterprises.
BERD became a significant shareholder of the bank in 2003, holding 15% of the shares, and Banca Transilvania initiated a major rebranding program, creating the Banca Transilvania Group.

Here's a brief timeline of the bank's history:
The bank has undergone several reinventions, adapting to the changing market and economic conditions, with a significant milestone being the acquisition of Volksbank România in 2015-2016, making it the second-largest bank in Romania at the time.
News and Events
Banca Transilvania has been recognized as the most valuable bank in Romania by the Romanian Stock Exchange.
The bank's strong performance has led to a significant increase in its market capitalization.
Banca Transilvania has a large network of branches, with over 500 locations across the country.
The bank has a significant presence in the Romanian market, with a market share of over 20%.
Banca Transilvania has a strong online presence, with a mobile banking app that allows customers to manage their accounts and perform transactions on the go.
The bank has a wide range of products and services, including personal loans, credit cards, and investment services.
Banca Transilvania has a strong commitment to corporate social responsibility, with a focus on supporting local communities and promoting financial education.
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Frequently Asked Questions
Which bank is Banca Transilvania?
Banca Transilvania is a large Romanian bank with over 1.76 million customers. It is also a significant player in the region, backed by the European Bank for Reconstruction and Development as its largest shareholder.
What is the largest bank in Romania?
The largest bank in Romania is Banca Transilvania, serving as the country's leading lender.
How do I contact Banca Transilvania International?
To contact Banca Transilvania International, call 0264 308 308 028 from within Romania or +0264 303 003 from abroad.
Sources
- https://en.wikipedia.org/wiki/Banca_Transilvania
- https://www.otpgroup.info/news/OTP_Group_sells_OTP_Bank_Romania
- https://in.marketscreener.com/quote/stock/BANCA-TRANSILVANIA-S-A-116373772/company/
- https://ro.wikipedia.org/wiki/Banca_Transilvania
- https://telefon.contact/banca-transilvania-contact-relatii-clienti-call-center-telefon/
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