Banca Transilvania announces the successful completion of the merger with OTP Bank Romania. BT consolidates its leading position and reaches 23 percent market share both through organic growth and following the integration of OTP Bank.

The merger also meant for BT increases of 9 percent in assets and 13 percent of the loan portfolio as well as a larger presence in Bucharest and the central region of the country.

“Banca Transilvania has a core competence, namely the rapid and successful integration expertise of the acquired companies. This time, it included a record time integration of just seven months, with a very smooth implementation, realized due to the similarities and synergies between BT and OTP Bank, as well as the involvement of the two banks’ teams. We welcome our new customers, business partners and colleagues,” says Ӧmer Tetik, CEO, Banca Transilvania.

BT acquired OTP Bank and the other OTP Group subsidiaries in Romania in 2024 for EUR 347.5 million.