Banca Transilvania acquired OTP Bank Romania

Banca Transilvania (BT) acquired OTP Bank Romania on Tuesday, as well as the other OTP Group subsidiaries in Romania, according to an announcement made on Tuesday by BT. The transaction recently received the approval of the Competition Council and the National Bank of Romania. The acquisition of one of the subsidiaries, OTP Asset Management, is in the stage of approval by the authorities.   The first step was taken in February 2024, when BT ...

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