{{Short description|Banking institution with headquarters in Cluj-Napoca, Romania}} {{Infobox company | name = Banca Transilvania | logo = Banca Transilvania logo.svg | logo_size = 245px | image = CJROBanci.jpg | image_caption = Headquarters of Banca Transilvania in [[Cluj-Napoca]] | type = [[Public company|Public]] | traded_as = {{BVB|TLV}} | ISIN = {{ISIN|sl=n|pl=y|ROTLVAACNOR1}} | industry = {{ubl |[[Bank]]ing |[[Financial services]] }} | founded = {{Start date and age|1994|02|12|df=y}} | hq_location_city = [[Cluj-Napoca]] | hq_location_country = Romania | key_people = {{ubl|Horia Ciorcilă ([[chairman]])|Ömer Tetik ([[CEO]])}} | divisions = {{ubl |[[Corporate]] |[[Small and medium enterprises|SMEs]] |[[Retail]] |[[Medical Division]] }} | locations = {{increase}} 513 (2024) | revenue = {{increase}} [[Euro|EUR]] 1.62 billion | revenue_year = 2024 | operating_income = {{increase}} EUR 0.82 billion | income_year = 2024 | net_income = {{increase}} EUR 0.70 billion | net_income_year = 2024 | assets = {{increase}} EUR 41.6 billion | assets_year = 2024 | equity = {{increase}} EUR 2.83 billion | equity_year = 2024 | num_employees = {{increase}} 9,744 | num_employees_year = 2024 | subsid = {{ubl | [[Victoriabank S.A.]] | [[Salt Bank S.A.]] }} | website = {{URL|bancatransilvania.ro}} | footnotes = <ref name=AR>{{cite web |url=https://m.bvb.ro/infocont/infocont22/TLV_20220429070757_2021-Annual-Report.pdf |title=2021 Annual report |date=29 April 2022 |page=30 |publisher=IRIS}}</ref> }}
'''Banca Transilvania''' is a Romanian multinational [[investment bank]] and [[financial services]] company. Founded on 16 February 1994 in [[Cluj-Napoca]] by 46 local [[entrepreneurs]] with an initial [[Financial capital|capital]] of $2 million, it has grown from a single-branch regional [[lender]] into a national [[institution]] within the BT Financial Group.<ref>{{cite web |title=30 years {{!}} Banca Transilvania |url=https://en.bancatransilvania.ro/povestea-bt |website=en.bancatransilvania.ro |access-date=12 February 2026 |language=en}}</ref> Headquartered in Cluj-Napoca, the group serves 4.84 million active clients through 534 [[Branch (banking)|branches]] and [[offices]] across 350 Romanian communities and maintains an international presence. As of September 2025 the group held a c.22% share of national banking [[assets]].<ref>{{cite web |title=Financial results as of June 30, 2025 |url=https://en.bancatransilvania.ro/news/comunicate-de-presa/rezultate-financiare-BT-la-30-iunie-2025 |website=en.bancatransilvania.ro |access-date=12 February 2026 |language=en}}</ref>
Banca Transilvania provides a full range of [[Retail banking|retail]], [[Wholesale banking|corporate]] and [[investment banking]] services including [[loans]], [[deposits]], [[leasing]], [[digital banking]] and payment solutions and operates complementary businesses across [[finance]] and ecosystem services. Key milestones include listing on the [[Bucharest Stock Exchange]] in 1997, the 2015–2016 acquisition of the Romanian branch of [[Austrian Volksbank Group|Volksbank]]<ref>{{cite web |title=Mesajul Bancii Transilvania despre finalizarea cu succes a fuziunii cu Volksbank Romania |url=https://www.bancatransilvania.ro/news/comunicate-de-presa/mesajul-bancii-transilvania-despre-finalizarea-cu-succes-a-fuziunii-cu-volksbank-romania |website=www.bancatransilvania.ro |access-date=12 February 2026 |language=ro}}</ref>, the bank's rise to market leadership in 2018, and the 2025 integration of the Romanian branch of [[OTP Bank]].<ref>{{cite web |title=Banca Transilvania and OTP Bank Romania became one bank |url=https://en.bancatransilvania.ro/news/comunicate-de-presa/banca-transilvania-si-otp-bank-romania-au-devenit-o-singura-banca |website=en.bancatransilvania.ro |access-date=12 February 2026 |language=en}}</ref> Financially robust, BT reported group assets of RON 213.2 billion and a net profit of RON 2.92 billion for the first nine months of 2025 (up 7.9% year-on-year); its brand value was estimated at US$955 million in 2025.
==History== The [[European Bank for Reconstruction and Development]] (EBRD) was at some point the largest shareholder in the bank (15% of capital).<ref name="u6">{{cite web |url=http://www.bancatransilvania.ro/index/3.html|title=Banca Transilvania - Persoane fizice|website=Banca Transilvania|accessdate=17 August 2017|url-status = dead |archiveurl=https://web.archive.org/web/20100501214752/http://www.bancatransilvania.ro/index/3.html|archivedate=1 May 2010}}</ref>
In 2013, Banca Transilvania was considered the third largest bank in Romania, not having experienced losses during a financial crisis plaguing the nation in the year.<ref>[http://www.zf.ro/zf-24/topul-celor-mai-mari-banci-12136004 Topul celor mai mari bănci] 24 February 2014, zf.ro, accessed on 25 February 2014</ref><ref>[http://www.wall-street.ro/articol/Finante-Banci/161548/institutia-financiara-care-nu-a-cunoscut-pierderea-in-criza.html#Scene_1 Instituția financiară care nu a cunoscut pierderea în criză] 13 February 2014, wall-street.ro, accessed on 25 February 2014</ref>
In 1997, it became the first bank in Romania to be listed on the [[Bucharest Stock Exchange]]<ref name="u6"/> It entered Superbrands Romania for the first time in 2013. Furthermore, it also launched the [[Western Union]] [[money transfer service]] via [[Internet Banking]]<ref>[https://web.archive.org/web/20131004214030/http://incomemagazine.ro/articles/premiera-serviciu-de-transfer-de-bani-prin-internet-banking Premieră: serviciu de transfer de bani prin Internet Banking] 5 April 2012, incomemagazine.ro, accessed at 7 October 2013</ref> and [[Automated teller machine|ATM]].<ref>[http://www.capital.ro/detalii-articole/stiri/banca-transilvania-lanseaza-transferurile-de-bani-prin-atm-141622.html Banca Transilvania lansează transferurile de bani prin ATM] 25 November 2010, capital.ro, accessed at 7 October 2013</ref>
In 2021, Banca Transilvania bought Polish [[Idea Bank]] Romanian unit and renamed it to [[Salt Bank]] in November 2023.<ref>{{cite web|title=Idea::Bank, part of Banca Transilvania Group, becomes Salt Bank|url=https://en.bancatransilvania.ro/news/noutati/ideabank-parte-grupului-banca-transilvania-devine-salt-bank|accessdate=17 June 2025|date=16 November 2025}}</ref> In July 2024, Banca Transilvania acquired Hungarian [[OTP Bank]] unit in Romania and its merger into Banca Transilvania in March 2025.<ref>{{cite web|title=Banca Transilvania completes merger with OTP Bank Romania|url=https://seenews.com/news/banca-transilvania-completes-merger-with-otp-bank-romania-1271692|date=4 March 2025}}</ref>
== Bank net profit ==
* 2007: 102 million euros<ref name="top7_2010-08-04">[http://www.wall-street.ro/slideshow/Finante-Banci/39971/Topul-celor-mai-profitabile-banci-pe-anul-trecut/3/BT-pozitia-a-treia-in-functie-de-profit-si-a-patra-la-active.html#slide_title Topul celor mai profitabile banci pe anul trecut], 31 March 2008, wall-street.ro, accessed at 7 October 2013</ref> * 2008: 108.2 million euros<ref name="top8_2010-08-04">[http://www.wall-street.ro/slideshow/Finante-Banci/61267/Top-10-cele-mai-profitabile-banci-pe-anul-trecut/4/Banca-Transilvania-Locul-4.html#slide_title Top 10 cele mai profitabile banci pe anul trecut], 19 March 2009, wall-street.ro, accessed at 7 October 2013</ref> * 2009: 14.6 million euros<ref name="pn2010-09-01">[http://www.wall-street.ro/articol/Finante-Banci/79436/Rekkers-BT-Am-realizat-profitul-brut-asumat-in-fata-actionarilor-nostri.html Rekkers, BT: Am realizat profitul brut asumat in fata actionarilor nostri], 3 February 2010, wall-street.ro, accessed at 7 October 2013</ref> * 2010: 24.43 million euros<ref name="pn2011-02-02">[http://www.wall-street.ro/articol/Finante-Banci/98528/Profitul-Bancii-Transilvania-a-crescut-cu-58-in-2010.html Profitul Bancii Transilvania a crescut cu 58% in 2010], 2 February 2011, wall-street.ro, accessed on 21 October 2013</ref> * 2011: 51.34 million euros<ref name="pn2012-02-01">[http://www.wall-street.ro/articol/Finante-Banci/115906/cu-ce-rezultate-a-lasat-rekkers-banca-transilvania-vezi-bilantul-bancii.html Cu ce rezultate a lăsat Rekkers Banca Transilvania. Vezi bilanțul băncii], 1 February 2012, wall-street.ro, accessed on 21 October 2013</ref> * 2012: 71.98 million euros<ref name="pn2013-02-12">[http://www.wall-street.ro/articol/Finante-Banci/144150/profitul-bancii-transilvania-a-crescut-cu-o-treime-la-72-mil-euro.html#Scene_1 Profitul Băncii Transilvania a crescut cu o treime, la 72 mil. euro], 12 February 2013, wall-street.ro, accessed on 21 October 2013</ref> * 2013: 83.44 million euros<ref name="pn2014-02-25">[http://www.zf.ro/banci-si-asigurari/rezultatele-banca-transilvania-pe-2013-profit-de-375-milioane-lei-in-crestere-cu-17-12074929 Rezultatele Banca Transilvania pe 2013: profit de 375 milioane lei, în creștere cu 17%], 13 February 2014, zf.ro, accessed on 25 February 2014</ref>
== Bank assets ==
* 2006: 1.2 billion euros<ref name="cpds2010-08-04">[http://www.wall-street.ro/articol/Finante-Banci/24927/Compania-de-Factoring-are-o-cota-de-piata-de-3-dupa-primele-patru-luni.html Compania de Factoring are o cota de piata de 3% ,dupa primele patru luni], 1 February 2007, wall-street.ro, accessed at 7 October 2013</ref> * 2007: 3.8 billion euros<ref name="top7_2010-08-04" /> * 2008: 4.2 billion euros<ref name="a8_2010-08-09">[http://www.wall-street.ro/top/Finante-Banci/67271/Top-10-cele-mai-mari-banci-din-Romania/5/Locul-7-Banca-Transilvania.html Top 10 cele mai mari banci din Romania], 1 July 2009, wall-street.ro, accessed at 7 October 2013</ref> * 2009: 4.6 billion euros<ref name="pn2010-09-01"/> * 2010: 4.8 million euros<ref name="pn2011-02-02"/> * 2011: 5.8 million euros<ref name="pn2012-02-01"/> * 2012: 6.6 million euros<ref name="pn2013-02-12"/> * 2013: 7.1 billion euros<ref name="pn2014-02-25"/>
Banca Transilvania's stock value was headed in 2007 toward 2 billion [[euro]]s, but after drastic corrections on the financial markets, the bank reached a stock value of below 300 million euros in April 2009.<ref name="pn2010-09-01"/>
In December 2009, [[Bank of Cyprus]] acquired 9.7% of Banca Transilvania's shares through several transactions made on [[Bucharest Stock Exchange]] totaling 58 million euros.<ref name="financiarul">[http://www.financiarul.ro/2009/12/17/bank-of-cyprus-a-preluat-97-din-actiunile-banca-transilvania/] {{Webarchive|url=https://web.archive.org/web/20150427131317/http://www.financiarul.ro/2009/12/17/bank-of-cyprus-a-preluat-97-din-actiunile-banca-transilvania/|date=2015-04-27}}, 17 December 2009, financiarul.ro, accessed at 7 October 2013</ref>
Banca Transilvania registered for Q1 of 2014, a net profit of 103.4 million lei, almost 23 million euros, having a 23% increase since last year's same period.<ref name="pn2014-05-29">[http://www.wall-street.ro/articol/Finante-Banci/165258/banca-transilvania-profit-t1.html Banca Transilvania face in T1 profit de 103,4 milioane lei, in crestere cu 23%], 30 April 2014, wall-street.ro, accessed on 29 May 2014</ref>
== The BT Financial Group == [[Image:Banca.Transilvania.Iasi-Romania.JPG|thumb|250px|A typical BT branch, in [[Iaşi]].]] '''The BT Financial Group''' was formed in 2003, and includes Banca Transilvania, ''BT Asset Management'', ''BT Direct'', ''BT Leasing'', ''BT Securities'', ''Factoring company'', ''BT Finop Leasing'' and ''Medicredit''.<ref name="wgr2010-07-31">[http://www.wall-street.ro/articol/Finante-Banci/74264/Banca-Transilvania-a-cumparat-50-din-capitalul-Companiei-de-Factoring.html Banca Transilvania a cumparat 50% din capitalul Companiei de Factoring], 30 October 2009, wall-street.ro, accessed at 7 October 2013</ref> BT has 100% equity shares or majority positions in the other parts of the group, all of which use the BT [[logo]].
'''BT Asset Management (BT AM)''' manages the group activities.<ref name="rlbti2010-07-27">[http://www.romanialibera.ro/bani-afaceri/finante/bt-invest-1-un-nou-fond-inchis-de-investitii-76140.html BT Invest 1, un nou fond inchis de investi] {{Webarchive|url=https://web.archive.org/web/20131005014918/http://www.romanialibera.ro/bani-afaceri/finante/bt-invest-1-un-nou-fond-inchis-de-investitii-76140.html |date=2013-10-05 }}, 29 November 2005, romanialibera.ro, accessed at 7 October 2013</ref> It was founded in 2005 and manages the ''BT Maxim'', ''BT Classic'' <ref name="wam2010-07-26">[http://www.wall-street.ro/articol/Finante-Banci/8400/Fondurile-mutuale-pacalesc-incertitudinea-fiscala.html Fondurile mutuale pacalesc incertitudinea fiscala], 16 November 2005, wall-street.ro, accessed at 7 October 2013</ref><ref name="rlam2010-07-26">[http://www.romanialibera.ro/bani-afaceri/finante/activele-nete-ale-bt-clasic-si-bt-maxim-78983.html Activele nete ale BT Clasic si BT Maxim] {{Webarchive|url=https://web.archive.org/web/20131005015856/http://www.romanialibera.ro/bani-afaceri/finante/activele-nete-ale-bt-clasic-si-bt-maxim-78983.html |date=2013-10-05 }}, 31 January 2006, romanialibera.ro, accessed at 7 October 2013</ref> and ''BT Invest 1'' closed-end investment funds, which hold shares in Romanian companies with high growth potential.<ref name="mbtam2010-07-27">[http://www.zf.ro/burse-fonduri-mutuale/bt-invest-aduce-pe-bursa-o-firma-de-constructii-din-arad-3102536/ BT Invest aduce pe Bursă o firmă de construcții din Arad], 28 February 2008, zf.ro, accessed at 7 October 2013</ref> In 2007, BT Asset Management was the leading Romanian mutual fund with a market share of 15.3%,<ref name="mbtamp2010-07-27">[http://www.zf.ro/burse-fonduri-mutuale/profit-de-sase-ori-mai-mare-la-bt-asset-management-peste-estimari-3032898 Profit de 6 ori mai mare la BT Asset Management], 10 April 2007, zf.ro, accessed at 7 October 2013</ref> in 2008 it slipped to 5th place, with a market share of 5.2% and assets of 77.3 million [[Romanian Leu|RON]].<ref name="fbtamp2010-07-27">[https://archive.today/20130705220059/http://www.incomemagazine.ro/articol_29051/planurile-bt-asset-management-in-2009.html Planurile BT Asset Management in 2009], 8 July 2009, incomemagazine.ro, accessed on 7 October 2013</ref>
==Shareholders==
As of October 2025, 79.37% of Banca Transilvania's shares are controlled by Romanian investors, while only 20.63% of its shares were controlled by international investors.<ref>{{cite web |title=TLV Shares |url=https://en.bancatransilvania.ro/en/investor-relations/shares |access-date=16 October 2025}}</ref>
== Sponsorships == • 2021: it becomes the official jersey sponsor of the [[Romanian national basketball team]], [[U-BT Cluj-Napoca]] and [[Romania national under-21 football team]]
• 2025: on 1 August during the [[Hungarian Grand Prix]] Banca Transilvania officially becomes one of the sponsors of [[McLaren-Mercedes]] Formula 1 Team
==See also== {{Portal|Banks}} * [[List of banks in Romania]]
==References== {{Reflist}}
==External links== *[http://www.bancatransilvania.ro Banca Transilvania]
{{BET-10 companies}} {{Companies in Cluj-Napoca}} {{Romanian banks}}{{Authority control}}
[[Category:Banks of Romania]] [[Category:Companies based in Cluj-Napoca]] [[Category:Banks established in 1993]] [[Category:Romanian brands]] [[Category:Companies listed on the Bucharest Stock Exchange]] [[Category:Companies in the BET-20]] [[Category:Companies in the Central European Blue Chip Index]]