Romania’s Competition Council has approved the transaction whereby Romania’s largest lender, Banca Transilvania, acquired the entire ownership stake of Poland’s Getin Holding in Idea Bank, in early June 2021, for EUR43 million.
Romania’s central bank BNR has approved the acquisition by the largest lender in the country, Banca Transilvania, of Poland’s Getin Holding’s stake in Idea Bank.
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, said Monday in a stock market report that the investment funds managed by Allianz Ţiriac have reached a holding of 5.25% of the lender’s share capital.
NN Group and the pension funds it manages have raised their holding in Romanian lender Banca Transilvania (TLV.RO) from 9.96% to 10.04%, the bank announced Friday.