Overview
Description
Banca Transilvania S.A. is a major financial institution based in Romania, functioning as a comprehensive banking corporation. Its primary purpose is to provide a wide array of banking services including retail, corporate, and investment banking. The bank plays a significant role in the Romanian financial market by supporting small and medium-sized enterprises (SMEs), which are crucial for the country's economic stability and growth. Banca Transilvania offers tailored financial solutions, facilitating access to loans, project financing, and savings deposits, thereby contributing to financial inclusivity and development within Romania. By leveraging its extensive branch network and digital platforms, the bank enhances accessibility to financial services for both urban and rural populations. Banca Transilvania is highly significant for its local expertise and commitment to fostering community-oriented banking practices, making it a pivotal player in Eastern Europe's banking landscape. Founded in 1993 in Cluj-Napoca, the bank has continually expanded its services and influence, often being regarded as a bellwether for the Romanian banking sector's health and trends.
About
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Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XSTU