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OTP Bank Romania to merge with Banca Transilvania by end-February 2025

December 19, 2024

The shareholders of Banca Transilvania have approved the merger with OTP Bank Romania during the December 18 Extraordinary General Meeting. The integration process, which began in August 2024, is set to conclude on February 28, 2025, when the two banks will officially merge.

Until the merger is finalized, both institutions will continue to operate independently, ensuring a seamless transition for OTP Bank Romania's clients, the companies said. 

February 28, 2025, marks the...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/banca-transilvania-otp-bank-romania-merger-february-2025
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