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Competition body reportedly clears takeover of OTP Romania by Banca Transilvania

July 3, 2024

Romania's competition body, Consiliul Concurentei, approved the deal by which Romania's leading financial group, Banca Transilvania (BVB: TLV), takes over the local subsidiaries of Hungarian group OTP, according to Profit.ro.

Banca Transilvania's market share by assets will reach 22%-23% after the deal,...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/competition-body-clears-otp-banca-transilvania-deal-romania-2024
Read in full - click here
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