Transilvania Bank (BT) at the end of last week, in Rome, opened a branch mainly devoted to Romanians, both natural persons and companies, shows a bank release remitted to Agerpres.’By opening the new branch, Transilvania Bank becomes the only Romanian bank in Italy. The expansion abroad is a business opportunity for our bank and the Romanian-Italian relations and the strategy that we have for BT Italy will certainly contribute to the organic growth of the bank,’ Transilvania Bank Board Chairman Horia Ciorcila said.
Transilvania Bank is among the first three largest banks in Romania, in terms of assets, with a 5.8 percent market share. Transilvania Bank has over 6,000 employees, a network made up of 550 locations and 1.65 million active customers. BT is the first bank of Romania to have been listed on the Bucharest Stock Exchange, in 1997, according to actmedia.eu.
