Filip & Company assisted Banca Transilvania in the synthetic securitization deal with the European Investment Bank and the European Investment Fund. The implementation of this initiative, the first capital relief transaction between Banca Transilvania and the European Investment Bank Group entities, will increase access to finance for SMEs and mid-cap companies meeting certain eligibility criteria, by freeing up capital allocated to a portfolio of assets with a total balance of over RON 2 billion.

“This synthetic securitization by Banca Transilvania is an important step in the development of the Romanian banking market leader and widens access to funding for medium and small companies in particular. This is significant not only for Banca Transilvania, but also for the local economy as a whole, as it boosts financing accessibility for businesses that often find it difficult to raise capital to sustain their growth and innovation. We are glad to have had the opportunity to partner with Banca Transilvania once again and thank them for their confidence in this important project and for the excellent collaboration”, says Alexandru Bîrsan, partner and head of Mergers & acquisitions and Capital markets at Filip & Company.

The Filip & Company team that assisted Banca Transilvania on this project consisted mainly of Alexandru Bîrsan (partner) and Camelia Ianțuc (senior associate).