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Banca Transilvania S.A. (also BT or TLV) is a banking institution with headquarters in Cluj-Napoca, Romania. The bank was founded in 1993 in Cluj-Napoca with a capital of 2 billion RON, of which 79% was Romanian and 21% foreign.
Currently, BT is the largest banks in Romania in terms of assets with a market share of over 16%. Its activities are organized into four main business lines: corporate banking, IMM, retail banking and medical division. BT has about 1.76 million customers, 550 locations and over 7,000 employees. Since June 2013, the CEO of BT has been Omer Tetik.
Banca Transilvania is the first Romanian bank to open a branch in Rome.
Banca Transilvania consolidated the third place among the largest banks.
Banca Transilvania is the financial institution which did not experience losses during the crisis. It registered in 2013 increasing financial results from the previous year.
European Bank for Reconstruction and Development (EBRD) is the largest BT shareholder (15% of the BT's share capital).
Banca Transilvania is the first bank in Romania to be listed on the Bucharest Stock Exchange in 1997.
The first bank in Romania to launch the site Social Media Newsroom, a platform which integrates press releases, BT news, and social media.
Cluj has Soul (www.clujularesuflet.ro) is the biggest social involvement project of BT.
Horia Ciorcila, BT founder and Chairman of the Council of Administration, is among the largest investors on the Romanian stock exchange.
BT is on the first place among the most valuable companies controlled by Romanian investors.
BT, for the first time among Superbrands Romania in 2013.
BT, in the Social Brands 2013 Top, realized in 2013 by Biz magazine.
BT, among the most powerful Romanian brands, top realized in 2013 by Biz magazine.
National premiere: the launch of Western Union money transfer service through Internet banking.
World premiere: Western Union and Banca Transilvania have launched money transfer service through ATM.
In 2003, the bank initiated a rebranding program.