Corporate Governance

Agreement signed with BRD-Groupe Societe Generale to acquire BRD Pensii. This is a strategic decision by BT Group to expand its business in voluntary pension funds (Pillar III) and to enter a new market segment, privately managed pension funds (Pillar II).

Victoriabank, part of the BT Group, has acquired BCR Chisinau. The acquisition helps Victoriabank strengthen its position among the top 3 banks in the Republic of Moldova and increase synergies with Romania and the European Union.

BT's first acquisition of a stand-alone leasing company as BT pursues its strategic aim to be a top player in all fields of financial services.

Acquisition of Idea::Bank and other IDEA branded businesses in Romania. This is the third bank acquired by BT. A strategic move to reposition the bank (to become Salt Bank in 2023) as a digital platform with an ESG agenda at all levels.

Acquisition of Certinvest Pensii. The first tactical step to expand BT's financial services portfolio by entering the privately managed pension market (Pillar III).

BT became a shareholder in Victoriabank (top 3 bank in the Republic of Moldova). Through this investment, BT aimed to replicate the business model and success achieved in Romania.

Acquisition of Bancpost, ERB Retail Services and ERB Leasing. Bancpost is the second bank acquired by BT. It helped to strengthen the position of Banca Transilvania and increase synergies between BT Group companies.

Acquisition of Capital Partners (now BT Capital Partners), the leading independent Romanian M&A and corporate finance advisory firm. This marks BT Group's entry into the investment banking market.

Volksbank Romania, BT's first bank acquisition. As a result of the acquisition and organic growth, Banca Transilvania moved from 3rd to 2nd place among Romania's top banks by assets.