Banca Transilvania, the best bank in Romania, according to Euromoney

Banca Transilvania received the award for "The best bank in Romania" from Euromoney Magazine.

According to Euromoney, the bank received the award as a result of the important increases registered since the beginning of the crisis, a major step being the successful integration of Volksbank Romania. BT was represented at the event by Sergiu Mircea, Marketing and Communication Director.

The ranking, made annually by the prestigious British magazine Euromoney, is drawn up based on the results of the previous year, but which also takes into account the ability of institutions to adapt to market conditions and the needs of customers in this segment.

Euromoney is a financial publication focused on banking and financial markets, rewarding the best performing and best financial institutions in over 100 countries.

In 2015, Banca Transilvania Financial Group registered an organic growth of over 10% in the lending activity and of over 19% in terms of deposit attraction, to which is added the positive impact of the merger with Volksbank Romania. 

At the end of 2015, BT's assets were 32.6% higher than in 2014, being 47,240 million lei, and the number of customers registered an increase of 14%, to 2.15 million.