BCR Chisinau
Victoriabank, part of the BT Group, acquired BCR Chisinau in January 2024. The acquisition helped Victoriabank strengthen its position in the top 3 banks in the Republic of Moldova and increase synergies with Romania and the European Union. Victoriabank benefited from Banca Transilvania’s expertise in M&A.
BCR Chisinau acquisition
Status
Completed acquisition
January 2024
Impact on business and economy
Strengthening BT's position in the top 3 banks in Republic of Moldova
Increasing Victoriabank's consolidated net profit for 2024 to over RON 1.1 billion, +70% compared to 2023
Loan volumes went up by over RON 900 million
Increase assets by RON 2 billion at the date of the merger