Banca Transilvania, as the owner of the majority stake (99.15%) in Bancpost, makes public the plan for Bancpost's clients who have loans in Swiss francs (CHF) with real estate guarantees.

The discount is 18% for approximately 2,300 Bancpost customers with eligible loans in Swiss francs who want to convert loans from CHF into RON or EURO. The discount will be applied to the current credit balance by reducing the balance.

The proposed conversion option takes into account the evolution of the Swiss franc exchange rate in recent years, given the appreciation of the leu against it by approximately 8% between May 2015 and April 2018.

Details about Banca Transilvania's offer:

• The offer is valid from July this year, following that BT and Bancpost will return until then with details. Currently, the necessary IT applications are being prepared.
• The chf/leu or CHF/euro conversion will be made at the NBR exchange rate from the date of signing the documentation at the notary.
• During July this year, Bancpost customers eligible for the conversion offer will be contacted for the invitation to Bancpost units, to a meeting with the mixed team Banca Transilvania – Bancpost, during which the details of the offer will be presented.

The offer is addressed to clients who have loans in balance at Bancpost and whose contracts were part of the bank's portfolio at the time of the acquisition by Banca Transilvania of the majority stake in Bancpost.