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    Disclaimer

    This report is published in English by Banca Transilvania, a financial banking institution whose activities are regulated and supervised on a consolidated basis by the National Bank of Romania (NBR) and the Financial Supervisory Authority (FSA). The research reports issued by Banca Transilvania are for information purposes only and are not intended to be used in the investment decision-making process or at any stage of the provision of investment services or activities. Any person who intends to use these research reports in the investment decision-making process, expressly assumes all related risks, and Banca Transilvania shall have no legal or other obligation towards the person in question arising from the publication of these research reports. The research published by Banca Transilvania shall not be construed as: an offer to sell/underwrite or any other investment service or activity with respect to the financial instruments mentioned in the reports, an advertising element for the financial instruments mentioned in the reports. To avoid any confusion, persons who subscribe to BT Research by entering their e-mail address are not considered as clients of Banca Transilvania and the subscription does not constitute a contract of any kind. We would like to mention that Banca Transilvania does not request any personal data from the above-mentioned persons, other than the e-mail address used to distribute these reports.

    The information on which these reports is based has been obtained from public sources and is considered relevant and reliable within the limits of publicly available data. Banca Transilvania has the right to change the public sources used at any time and without prior notice. However, the accuracy of the used information from public sources cannot be certified and/or contested by our institution. Analytical opinions reflect the analysts' views at the time of publication, based on independent consideration, using specific analytical methodologies.

    These research reports do not constitute investment services or activities within the meaning of the MiFID II/MiFIR European legislative package, and we emphasize that persons using the information contained in these reports do not benefit from the protection afforded by the above regulatory framework and are solely responsible for any loss arising from the use of this information.

    These reports have not been issued at the request of a third party and/or in connection with the execution of one or more transactions in financial instruments. The value of the financial instruments referred to in the analyses may fluctuate over time and past performance is not necessarily indicative of future performance. The investments are subject to risk factors that are not fully disclosed in the reports. Banca Transilvania is not responsible for any direct and/or potential loss resulting from using the elements published in the reports.

    The published research reports may be modified at any time without prior notice and Banca Transilvania reserves the right to discontinue publication without prior notice. This report may not be reproduced in whole or in part unless the source is acknowledged.

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    Powered by Azure OpenAI GPT-4o
    AI Search provides automatically generated answers, using GPT-4o technology, which may contain inaccurate or potentially offensive content that does not represent the views of Banca Transilvania. You are solely responsible for your use of the content generated by this service. .
    Terms and conditions

    Disclaimer

    AI Search is a pilot project - in beta - that uses GPT-4o technology to simplify the process of finding and understanding banking products.

    AI Search is trained to answer questions that are exclusively related to the banking products offered by BT, but in certain situations and depending on the questions asked, it may also answer general questions. The answers provided are automatically generated and are to be used for information purposes only. The service may sometimes provide inaccurate or potentially offensive content, which does not represent the views of Banca Transilvania. You are solely responsible for your use of the content generated by this service in any way. Do not rely on this service for financial, legal or other professional advice and do not enter personal data or other confidential information into this service.

    Use of AI Search implies acceptance of the Terms and Conditions.

    Access to and use of the service implies your unreserved acceptance of these terms and conditions. If you do not agree to them, please do not use this service. By accepting the terms and conditions to use this service provided algorithmically by an artificial intelligence model, you assume the entire risk as to the quality, safety and performance of this service.

    Banca Transilvania does not provide any guarantee in relation to the answers provided by this service.

    AI Search provides responses algorithmically and these may sometimes contain inaccurate information or potentially offensive language. This information does not express the position of Banca Transilvania and cannot engage the responsibility of the Bank for the content provided.

    AI Search does not provide answers to personalized questions, so by using it you are obligated not to provide or enter any personal data or other confidential information in your messages/questions. In case you do not comply with this obligation, by inserting personal data/confidential information in AI Search, you consent to their processing for the purpose of providing the service (answers to the questions you ask), as well as for the improvement of the algorithmic model of the robot by its developer.

    Any information provided by users during their interaction with AI Search will be treated confidentially and will only be disclosed to recipients who have a right and need to know.

    The content provided by AI Search is for information purposes only.

    Users are responsible for the questions and messages asked when using AI Search. Any abuse or inappropriate language may result in the interruption of the interaction.

    AI Search does not provide financial, legal or professional advice and is not a substitute for consulting human experts or professionals specialising in the field. Users should not rely on the information provided by AI Search in making decisions.

    The Bank reserves the right to discontinue the AI Search service at any time without prior notice.

    Terms and conditions may be revised/updated at any time.

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