Transilvania Bank has become a shareholder of Victoriabank, the third largest bank in the Republic of Moldova, having a participation of over 66% together with European Bank for Reconstruction and Development. BT and EBRD are majority shareholders of Victoriabank and strategic partners for supporting entrepreneurs and the economy of the Republic of Moldova.

It is the first time in the last 10 years that a bank from outside the Republic of Moldova invests in this market, BT thus opening the way for investments in the neighboring country.

Banca Transilvania announced in November 2017 the plan to invest in the Republic of Moldova, and meanwhile has received approval for acquisition from the supervisory authorities of Romania and the Republic of Moldova - the National Bank of Romania, the National Bank of Moldova, and the Competition Council of the Republic of Moldova.

The priorities of Banca Transilvania for Victoriabank, as a shareholder together with EBRD, are the following:

• Supporting the private business environment in the Republic of Moldova, especially the SME and micro sectors;
• Development of as varied a range of products and services as possible for individuals;
• Alignment of Victoriabank's organizational culture and corporate governance with those of the Banca Transilvania Financial Group;

• Involvement in the personal and professional development of entrepreneurial individuals from the Republic of Moldova through meetings and courses organized by BT Club, through which learning and networking opportunities are offered;

Victoriabank has almost 30 years of activity, 540,000 clients, 1,400 employees and almost 100 branches. It is the protagonist of notable firsts on the local banking market, such as: the first issued card, the first ATM, the first POS and the first premium cards. Victoriabank also stands out through its card activity: with 285,000 cards, it has over 17% market share, and in terms of card turnover at merchants, it has over 37% of the market. The bank enjoys a very high degree of trust from clients: it has the highest level of deposits relative to total assets in the entire market of the Republic of Moldova, at 80%, and the credit/deposit ratio is the lowest in the market, at 39%.

Transilvania Bank, the second largest bank in Romania, has 2.2 million clients, over 7,000 people in the team and over 500 branches. BT is the Bank of Entrepreneurial People, with over 250 thousand corporate clients, and one third of the new companies established in Romania in 2017 choosing to work with Transilvania Bank. BT is the leader in the card market, with 3 million cards issued, with over 1 million transactions/day taking place. Transilvania Bank granted in January – September 2017 almost 140,000 new loans to individuals, SMEs and those in the Corporate area, with a total value of over 9 billion lei. Its strategy is supported by strong international shareholders, such as EBRD and IFC – The World Bank.

Financial Group Banca Transilvania has been present in the Republic of Moldova for 10 years now, when it launched BT Leasing MD company, market leader in the area in terms of the value of fixed asset financing granted in leasing.

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