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The message of Transilvania Bank about the successful completion of the merger with Volksbank Romania

PRESS RELEASE
4 January 2016
READING TIME: 1 MINUTE
The message of Transilvania Bank about the successful completion of the merger with Volksbank Romania

Transilvania Bank, a new dimension

To the success of – acquisition, integration of Volksbank Romania into the structure of Transilvania Bank and the merger by absorption – over 600 people from both banks contributed, of which around 100 had permanent responsibilities in key areas. Some of them were on the barricades, in Cluj and Bucharest, including on New Year's Eve and in the first days of 2016, for the successful achievement of the merger between the two banks. Also, we thank the National Bank of Romania and the Competition Council; the team of consultants from A.T. Kearney Management Consulting, KPMG Romania, VCP Vienna Capital Partners; the law firm Peli Filip, Vernon | David; the Union of Public Notaries and the approximately 200 notaries who contributed.

 

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