Certinvest Pensii
BT Asset Management and BT Investments acquired the only Romanian player on the private pension funds market, Certinvest Pensii, in 2020. For the Banca Transilvania Group, the acquisition meant entering a new market, the Pillar 3 pensions. Certinvest Pensii became BT Pensii (2020), managing the Pensia Mea fund.
Certinvest Pensii acquisition
Status
Completed acquisition
February 2020
Impact on business and economy
Banca Transilvania Financial Group's expansion into a new market, private pensions (Pillar 3)
Providing an investment alternative through both voluntary pensions and investment funds
At that time, Certinvest Pensii counted more than RON 75 million under management and almost 10,000 clients
Boosting long-term savings through Pillar 3 pensions, a voluntary but increasingly popular alternative among working people