Banca Transilvania, the best bank in Romania, according to Euromoney
Comunicat de presa 2016-07-08
Banca Transilvania, has been awarded the prize “The best Bank in Romania”, according to Euromoney Magazine.
According to Euromoney, the bank has been awarded this prize for the significant growth since the beginning of the crisis, a major step in this respect being the successful integration of Volksbank Romania. BT was represented at the event by Mr. Sergiu Mircea, Marketing and Communication Manager.
The top released on an annual basis by the prestigious British magazine Euromoney, is prepared based on the previous year’s results, but considering also the financial institutions’ capacity to adapt to the market conditions, as well as to the customers’ needs in this particular field.
Euromoney is a business magazine focused on banking and financial markets, which rewards the noteworthy performance of financial institutions from more than 100 countries.
In 2015, Banca Transilvania Financial Group underwent an organic growth process, recording an increase of more than 10% in the lending activity and of more than 19% relative to deposits, supported by the positive impact of the merger with Volksbank Romania.
At the end of 2015, BT’s assets were 32.6% higher compared to 2014, reaching RON 47,240 million, whereas the number of clients increased by 14%, up to 2.15 million.