The financial rating agency Fitch Ratings confirmed on Thursday the long-term issuer rating of Banca Transilvania (BT) at "BBB-", as well as the bank's viability rating at "bbb-", according to a BT press release.At the same time, Fitch Ratings decided to maintain the "negative" outlook for the ratings confirmed on Thursday, in the context of Romania's country rating.Fitch motivated its decision to confirm Banca Transilvania's ratings by the bank's strong and well-consolidated position on the domestic market, solid capital reserves supported by a robust internal capital generation capacity and stable funding profile."BT's ratings also highlight the quality of the bank's assets, supported by a sound lending policy", the press release states.With a market share of almost 23% of the sector's assets, BT is the largest bank in Romania, with a business model focused on serving SMEs, entrepreneurs and retail clients. Fitch highlights that the bank's loan portfolio is well diversified, and limited exposure to volatile industries supported solid performance throughout the period under review.Financially, the bank recorded high profitability in the first nine months of 2025, as a result of operational efficiency and revenue growth. Capitalization indicators remain solid, and liquidity is adequate, supported by a stable and granular deposit base.Banca Transilvania is part of the Banca Transilvania Financial Group and is the market leader in Romania and South-Eastern Europe, with almost 80% Romanian capital. BT is the first Romanian bank listed on the Bucharest Stock Exchange (1997). It is the oldest issuer in BET, the first index developed by the Romanian stock exchange (also in 1997). The bank contributed to Romania's qualification as an emerging market, being included in the FTSE Global Equity Index Series (2020). Almost 70,000 shareholders invest in Banca Transilvania.BT is a universal bank, with a market share of 23% of assets, over 5 million customers, more than 10,000 employees and 530 agencies in 180 locations.
Romanian president Nicușor Dan announced on Tuesday, December 9, that French president Emmanuel Macron will pay an official visit to Romania in 2026. The confirmation was made during Dan’s visit to Paris, where the two leaders held extensive discussions on defence, security, and economic...
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
