Banca Transilvania opens Italy subsidiary

Newsroom 06/01/2014 | 10:58

Romania lender Banca Transilvania (BT) opened last week a subsidiary in Rome, in a bid to attract new Italy-based retail and business customers, focusing primarily on Romanians.

Horia Ciorcila, president of BT’s administration board, commented the international expansion is a “business opportunity” for the lender.

“The relations between Romania and Italy along with the strategy we have for BT Italy will contribute for sure to the organic growth of the bank,” said Ciorcila.

BT will provide the full array of banking services for its Italian subsidiary, including loans and deposits along with mobile and internet banking or money transfer options.

The Rome-based unit is the first subsidiary operated by a Romanian lender abroad.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue