Banca Transilvania (BVB: TLV), the largest bank in Southeastern Europe, joins ARIR

Based on 2018 assets and profit, according to the Top 100 Commercial Banks in Southeastern Europe, compiled and published by SeeNews

Bucharest, January 22, 2020 – The Romanian Investor Relations Association (ARIR) is pleased to announce that Banca Transilvania (BVB:TLV), the largest financier of the Romanian economy, is joining ARIR as an Associate Member. The company is recognized for more than 25 years of activity in Romania’s banking sector and is the first bank listed on the Bucharest Stock Exchange. The company’s value has increased by an average of 50% per year since listing to date.

Mihaela Nadasan, Deputy CEO, Financial Institutions and Markets, Banca Transilvania:

“We are pleased to share our capital markets experience and help shape best practices in investor relations. Investors are key partners for listed companies. To make informed decisions, investors need a coherent dialogue that helps them build confidence in the business environment as a whole, in the company’s potential, and in the quality of the people who founded and who run that business.”

Daniela Serban, President and Co-founder, ARIR: 

“Most investors active on the stock market have had Banca Transilvania shares in their portfolio at least once — a bellwether for Romania’s capital market and the most traded stock on the Bucharest Stock Exchange. Its excellence in Investor Relations has been recognized by investors, and we are pleased to build within ARIR a strong team of professionals to contribute to the market’s key projects. We also congratulate them on the inclusion of their shares in the FTSE Russell index for emerging markets, starting in September 2020.”

Banca Transilvania is the largest bank in Romania by assets, with a market share of over 16%, and has more than 3 million customers, of whom 700,000 are borrowers. The company is also the only Romanian bank included in the global Brand Finance Banking 500 ranking for 2019, with a brand value of USD 242 million.

Banca Transilvania joins an elite group of ARIR member companies, including the Bucharest Stock Exchange, ALRO, Antibiotice, BRK Financial Group, Electrica, Electromagnetica, Franklin Templeton – Bucharest, Hidroelectrica, Idea Bank, Nuclearelectrica, OMV Petrom, Purcari, Teraplast and Transelectrica.

ARIR members have access to exclusive content for implementing best practices in Investor Relations and corporate governance, training sessions tailored to their needs and IR objectives, and they take part in projects to develop the capital market. ARIR invites the following to join: as Associate Members – listed companies, companies preparing to list or issuing listed bonds; as Affiliate Members – other companies; and as Professional Members – individuals with IR experience.

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About the Romanian Investor Relations Association (ARIR):
ARIR is a non-governmental, non-profit organization established to offer current and potential issuers a platform for the development of investor relations (IR) professionals and to support the implementation of best practices in investor communications and corporate governance. It was founded in November 2018 and its members include listed companies, companies with the potential to become listed, fund managers, investor relations professionals and consultants.

The founding members are the Bucharest Stock Exchange (BVB), ALRO, Electromagnetica, Franklin Templeton Management – Bucharest branch, Hidroelectrica, Nuclearelectrica, Teraplast, Transelectrica, Daniela Serban, Cosmin Raduta and Tony Romani, while Electrica, OMV Petrom, Antibiotice, Purcari, Idea Bank and BRK Financial Group have joined as Associate Members and INNOVA Project Consulting as an Affiliate Member.

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