From Wikipedia, the free encyclopedia
Headquarters of Banca Transilvania in
Cluj-Napoca (right). To the left headquarters of the county branch of
BCR
Banca Transilvania, a bank corporation in Romania, was founded December 1993 in Cluj-Napoca by several local businessmen, with an initial capitalization of 2 billion Romanian lei (ROL) (approximately US$1 million); initial capitalization was 79% Romanian and 21% foreign.
The bank first opened for business February 16, 1994, with the opening of its headquarters in Cluj-Napoca. Its branch network extended to 63 locations in December 2003 and 331 locations in December 2006, of which 21 are in the city of Cluj-Napoca. The institution is listed on the Bucharest Stock Exchange (tag TLV).
A typical BT branch, in
Iaşi.
The bank is currently (December 2003) in the process of reorganizing as Grupul Financiar BT ("The BT Financial Group") which will also include companies in which the bank has invested: insurance and re-insurance company BT Asigurări (formerly SAR Transilvania), BT Leasing (formerly Leasing Transilvania), BT Securities, BT Asset Management, Compania de Factoring and BT Direct (that will round out the offering in the consumer finance sector). Banca Transilvania has majority positions in all of the other institutions involved; some are wholly owned subsidiaries.
[edit] External links
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Companies in Cluj-Napoca |
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ACI Cluj • Ardaf • Armătura • ArtSoft Consult • Astral Telecom • Banca Transilvania (BT Asigurări • BT Asset Management • BT Leasing • BT Securities • BT Direct) • Brinel • DlhSoft • EuroGSM • Farmec • Jolidon • Napolact • Prodvinalco • Sanex • Serimer • Terapia • Tricotaje Someşul • Ursus • Vitrina Advertising • Carbochim • Globinvest • Interdealer Capital Invest • SSIF Broker • Target Capital • Target Asset Management • STK Financial |
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Cluj-Napoca, Romania
