Banca Transilvania announces the successful completion of the merger with OTP Bank Romania. BT strengthens its position as a leader and reaches a 23% market share both through organic growth, as well as through the integration of OTP Bank. The merger results for BT also include +9% assets, +13% loan portfolio, and greater presence in Bucharest and in the central part of the country.

Transilvania Bank has a core competence, the rapid and successful execution of the integrations of acquired companies. This time, it was even a record-time integration, in just seven months, with a very good implementation, made possible due to the similarities and synergies between BT and OTP Bank, as well as the involvement of the teams from both banks. We welcome the new clients, business partners, and colleagues.

Ӧmer Tetik
General Director
Transilvania Bank

What does Banca Transilvania offer for new customers following the merger with OTP Bank:

• Access to the largest ecosystem of banking and complementary banking solutions, through the companies of the BT Group.
• Presence in 350 communities in the country, through those over 530 offices and over 2,000 devices for self-banking (BT Express, BT Express Plus, BT Cash & Drop).
• State-of-the-art applications, BT Pay (for individuals), BT Go (for companies) and BT Visual Help (for guided self-banking).
• Hungarian Desk, which means a series of advantages, such as consulting in the Hungarian language both for clients coming from OTP Bank, as well as for those who are already working with Banca Transilvania, who wish this.
• Welcome offer, which includes products, services and solutions.

BT has acquired OTP Bank and the other OTP Group subsidiaries in Romania in 2024, for 347.5 million euros.

Two mergers on the same day, in Romania and the Republic of Moldova
Grupul Banca Transilvania has the richest history in Romania in acquisitions and integrations. Acesta adaugă acum expertizei sale cea mai rapidă integrare, finalizată în doar șapte luni, precum și experiența a două fuziuni simultane, în țări diferite, având în vedere că Victoriabank, parte din Grupul Banca Transilvania, marchează fuziunea cu BCR Chișinău.

Through the two mergers, the Banca Transilvania Group contributes to the consolidation of the banking markets in Romania and the Republic of Moldova.