Moody’s Ratings affirms Banca Transilvania’s deposit and issuer ratings, maintaining the ratings at Baa1/P-2 and Baa2/P-2, respectively. The agency also maintained the bank’s baseline credit assessment (BCA) at ba1, as well as its counterparty and bond ratings.

Moody’s assessment reaffirms Banca Transilvania’s key strengths - its robust capitalization, profitability, operational efficiency, and extensive base of customer deposits - all of which support the resilience of BT’s business model, the stability of its funding sources, its high liquidity, and the bank’s ability to support the economy and millions of customers over the long term.

For investors, the affirmation of BT’s ratings provides an independent validation of Banca Transilvania’s ability to deliver strong performance. For customers, these ratings reflect the bank’s strength, as it continues to finance the development of the Romanian economy and the entrepreneurial environment.

The outlook for BT’s long-term issuer rating remains stable, while the outlook for the long-term deposit rating remains negative, in line with Moody’s analysis of the macroeconomic environment and the risks associated with Romania’s sovereign rating.

Banca Transilvania will publish its financial results for the first half of the year on August 21.