2024, in BT Group's top monthly news

2024 was a year full of news for the Banca Transilvania Group - from positive financial results, acquisitions, the launch of the first 100% Romanian neobanking, the merger on the leasing market (BT Leasing and OTP Leasing Romania), the integration of artificial intelligence, the launch of products and services, functionalities in the BT Pay and BT Go applications, to market firsts.

At the financial group level, it was the year of acquisitions in Romania and the Republic of Moldova, in line with the strategy of becoming a leader also in areas complementary to banking. BT has acquired OTP Bank Romania, OTP Leasing Romania, OTP Asset Management Romania, OTP Factoring Romania, OTP Consulting Romania, OTP Advisors Romania and OTP Bank Romania Foundation. It also took the first step in the acquisition of BRD Pensii, a company active in mandatory and voluntary private pensions. In the Republic of Moldova, Victoriabank acquired BCR Chisinau, marking a first on the market.

What 2024 was like, in each month's top stories:

December

BT Pay users can issue cards to other people from the app

BT Pay users can issue debit or credit cards directly from the app, with access to their accounts, to other people. BT Pay is thus increasingly becoming an app for the whole family.

November

Transactions through Banca Transilvania's channels, records on all levels on Black Friday

The number of transactions made through Banca Transilvania's channels - with BT cards and at the bank's POS - reached an all-time high on Black Friday 2024, with almost 10 million transactions/day, +23% compared to Black Friday 2023.

October

Banca Transilvania and Visa launched the animated virtual card in dollars

Banca Transilvania and Visa have launched the animated virtual BT Visa Card, in dollars, which complements the BT Pay app's online and mobile payment and travel solutions.

September

BT raised €700 million from international markets in a new oversubscribed issue

Banca Transilvania has sold EUR 700 million worth of bonds amid investor demand of more than EUR 2.5 billion. This is the second time in a row that BT has launched a bond issue under the umbrella of the Sustainable Financing Framework.

August

BT Visa UNTOLD Visa UNTOLD card records

The BT Visa UNTOLD UNTOLD card has had the fastest growing co-brand portfolio in the region with over 100,000 cards issued less than a year after launch.

July

Banca Transilvania acquired OTP Bank Romania 

Banca Transilvania today acquired OTP Bank Romania, as well as the other OTP Group subsidiaries in Romania.

June

BT became a member of the Romanian Chamber of Commerce for Diversity

In order to promote diversity and inclusion in the Romanian business environment, Banca Transilvania became a member of the Romanian Chamber of Commerce for Diversity.

May 

Banca Transilvania Group reached an agreement for the acquisition of BRD Pensions

The Banca Transilvania Group has reached an agreement with BRD-Groupe Societe Generale and Societe Generale Assurances for the acquisition of BRD Pensii (BRD Societate de Administrare a Fondurilor de Pensii Private), a company active in the mandatory private pension market (Pillar II) and voluntary private pension market (Pillar III).

April

The first 100% Romanian neobank was launched, Salt Bank

March

BT integrates Microsoft 365 Copilot and GitHub Copilot AI assistants

Banca Transilvania is working with Microsoft to integrate Microsoft 365 Copilot and GitHub Copilot in the work of employees, AI assistants that accelerate new habits in their daily work and increase efficiency in the software development area.

February

BT turns 30

"We have been growing in Romania for 30 years and we see Romania growing"

January:

Victoriabank (Republic of Moldova) acquired BCR Chisinau

Victoriabank has acquired BCR Chisinau and marked a first on the Moldovan market: a local bank has bought another Moldovan banking institution.