Corporate Governance
For us, governance plays a key role in improving our performance. It guides our strategic decision-making, guarantees effective risk management and promotes the responsible use of resources.
This stands for the core of our business approach: sustainable and with significant impact.
Victoriabank (Republic of Moldova), part of the Banca Transilvania Financial Group, has signed an agreement to acquire Microinvest, the market leader in microfinance in the Republic of Moldova. The new acquisition will contribute to the growth of Victoriabank through the diversification of its offer, the large number of new customers and its expertise in microfinance.
Acquisition of OTP Bank and the other subsidiaries of the OTP Group in Romania. This is the fourth bank in the country to be acquired by BT. This action expanded BT's presence in Bucharest, reinforced its leading position in Southeastern Europe and contributed to the growth of other BT Group companies.
Agreement signed with BRD-Groupe Societe Generale to acquire BRD Pensii. This is a strategic decision by BT Group to expand its business in voluntary pension funds (Pillar III) and to enter a new market segment, privately managed pension funds (Pillar II).
Victoriabank, part of the BT Group, has acquired BCR Chisinau. The acquisition helps Victoriabank strengthen its position among the top 3 banks in the Republic of Moldova and increase synergies with Romania and the European Union.
BT's first acquisition of a stand-alone leasing company as BT pursued its strategic aim to be a top player in all fields of financial services.
Acquisition of Idea::Bank and other IDEA branded businesses in Romania. This is the third bank acquired by BT. Idea::Bank became Salt Bank in 2023, the first 100% Romanian neobank.
Acquisition of Certinvest Pensii. The first tactical step to expand BT's financial services portfolio by entering the privately managed pension market (Pillar III).
BT became a shareholder in Victoriabank (top 3 bank in the Republic of Moldova). Through this investment, BT aims to replicate the business model and the success recorded in Romania.
Acquisition of Bancpost, ERB Retail Services and ERB Leasing. Bancpost is the second bank acquired by BT. It helped to strengthen the position of Banca Transilvania (which reached 16.4% market share) and increase synergies between BT Group companies.
Acquisition of Capital Partners (now BT Capital Partners), the leading independent Romanian M&A and corporate finance advisory firm. This marks BT Group's entry into the investment banking market.
Volksbank Romania, BT's first bank acquisition. As a result of the acquisition and organic growth, Banca Transilvania moved from 3rd (9.8%) to 2nd (12.6%) place among Romania's top banks by assets.
The acquisition of LT Leasing by Banca Transilvania resulted in the incorporation of BT Leasing Transilvania IFN. BTL was the first company with activities complementary to banking and was part of the Banca Transilvania Financial Group.
