This page is automatically translated from Romanian into English.

You've reached the end of the results

No results found

0%

Victoriabank successfully completes merger with BCR Chisinau

March 03, 2025 Reading time 3:00 minutes

Today, March 3, Victoriabank and BCR Chisinau become one bank. The merger, now in its final stage, contributes to Victoriabank's growth in the Moldovan market.

With the acquisition of BCR Chisinau, announced in 2024, Victoriabank marked a first in the Moldovan market, with a local bank fully acquiring another Moldovan banking institution.

Financial impact of the acquisition of BCR Chisinau:

  • Victoriabank's consolidated net profit for 2024 exceeded RON 1.1 billion, up more than 70% compared to 2023.
  • The volume of loans increased by over 900 million lei.
  • At the date of the merger, assets increased by RON 2 billion.

Victoriabank is increasing its presence in two areas, Chisinau and Balti, and the team has expanded. Over 50% of BCR Chișinău employees are part of the Victoriabank team, and every fourth one is in management positions.

This merger is an important step for our growth and to contribute to strengthening the banking market in the Republic of Moldova. We thank the Victoriabank and BCR Chișinău teams for their professionalism, the partners - for their support and the customers - for their trust. We are also grateful to the team of Banca Transilvania for their expertise during this period.

Levon Khanikyan
Chairman of the Management Committee
Victoriabank

The integration was coordinated by Vasile Donica, as CEO of BCR Chisinau, who returned to Victoriabank's top management team as Corporate Vice President, previously held.

Information for BCR Chisinau customers working with Victoriabank:

  • The accounts, cards and products of BCR Chisinau customers are now managed by Victoriabank.
  • The benefits that BCR Chișinău's customers had were kept by Victoriabank.
  • The Welcome to Victoriabank offer, from which customers already benefit, as well as details about Victoriabank's services and products can be accessed on a dedicated webpage.
  • The Victoriabank team is at your disposal with advice and details, at the phone numbers 1303 (call from any network) or +373 22 21 21 03 03 (call from abroad) and at the e-mail address suport@vb.md.
  • For everyday banking, BCR Chisinau customers can use the VB24 Mobile, VB24 Web and VB24 Business applications.
  • The Victoriabank network comprises more than 60 branches and over 250 ATMs throughout the country.

The finalization of the merger opens new opportunities for Victoriabank, which, by strengthening its resources and operational capabilities, reaffirms its commitment to customers and shareholders.

Press contact

comunicare@btrl.ro

Other articles

Subscribe to our newsletter

And get the news first on
Newsroom & BT Blog.

You can unsubscribe at any time, see details.

A little more

I just sent an email to you. Confirm your subscription by clicking on the link in the email.

A little more

I just sent an email to you. Confirm your subscription by clicking on the link in the email.

Download BT Pay

Scan the code with your mobile phone, depending on your phone system.

Download BT Pay

Scan the code with your mobile phone, depending on your phone system.

Download BT Pay

Scan the code with your mobile phone, depending on your phone system.

Download NeoBT

Scan the code with your mobile phone, depending on your phone system.

Download NeoBT

Scan the code with your mobile phone, depending on your phone system.

Download NeoBT

Scan the code with your mobile phone, depending on your phone system.

Download BT24

Scan the code with your mobile phone, depending on your phone system.

Download BT24

Scan the code with your mobile phone, depending on your phone system.