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BT Leasing and OTP Leasing merged

PRESS RELEASES
December 2, 2024
READING TIME: 1 MINUTE
	BT Leasing and OTP Leasing merged
  • The merger of the two companies contributes to strengthening BT Leasing's market position.
  • BT Leasing reaches 35,000 customers.
  • OTP Leasing is the fourth company BT Leasing has merged with in the last six years.

Banca Transilvania Group announces the first merger of OTP Group’s subsidiaries acquired this year: BT Leasing and OTP Leasing.

"The merger with OTP Leasing will help BT Leasing strengthen its market position, expand its customer base and diversify its alternative finance offering, in addition to our above-market organic growth. BT Leasing has now assets of €1.2 billion, 35,000 customers, 45,000 contracts and almost 350 employees. We would like to thank everyone who contributed to the success of this integration."

Ionuț Morar

CEO, BT Leasing

BT Leasing has so far acquired four companies, OTP Leasing (2024), Tiriac Leasing (2022), Idea::Leasing (2021) and ERB Leasing (2018).

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