Banca Transilvania and BT Investments have received approval from the Financial Supervisory Authority for the acquisition of BRD Pensii and the BRD mandatory private pension fund (Pillar II).

The transfer of ownership of BRD Pensii will take place during this month, after which the company and the BRD (Pillar II) pension fund will become part of the Banca Transilvania Group.

BT Group will make a public announcement when the acquisition is completed, together with details on its impact on the business and on Romania’s private pensions market.

Context:

• In May 2024, Banca Transilvania, BT Investments, BRD-Groupe Societe Generale and Societe Generale Assurances announced the signing of the agreement to acquire BRD Pensii by companies of the Banca Transilvania Financial Group. At that time, BRD Pensii managed pension funds in Pillar III and Pillar II.
  
  
• In April 2025, as a first step under the announced agreement, BT Pensii became the administrator of the FPF BRD Medio fund, renamed Pensia Mea Plus.