8/8/2019 The bank history
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The bank history began in Cluj-Napoca, 15 years ago. The
entrepreneurial spirit of itsfounders led to the consolidation of
Transylvania Banks position in a first stage in Cluj andthen
regionally. Firstly, the bank orientated its activity towards the
SME sector and due tomarket demand, it soon began to develop a
retail area. In 1997 Transylvania Bank became thefirst banking
institution in Romania, which was listed on the Bucharest Stock
Exchange. BT
is the largest banking institution with major Romanian capital,
and the European Bank for Reconstruction and Development, which
owns 15% of the capital, is a significant shareholder.
Since 2002, Transylvania Bank has a modern management with
international know-how that,that gave the bank a different style,
characterized by openness and flexibility. Another important moment
for the bank was 2003, when it changed its corporate identity under
its newmissions. Re-branding meant changing the banks logo, also
implementing a new standardconcept regarding its units.
A priority of its activity is the continuous improvement of
services and employees, so itsquality is the one that makes the
difference.
In addition, Transylvania Bank means a strong financial group,
Transylvania Bank FinancialGroup, which offers integrated market
services - banking, investments and management,consumer finance,
leasing, securities transactions, factoring, private pension -
through itscompanies: BT Asset Management SAI SA, BT Direct, BT
Leasing, BT Securities, BT FinopLeasing and factoring company.
Transylvania Bank is structured into four business lines:
retail, SME, Corporate andPhysicians Division. The bank has formed
special teams and a complex portfolio of productsand services to
support the development of these three directorates. Transylvania
Bank hasabout 1,400,000 active customers.
Transylvania Bank is present in all major economic centers in
Romania, with over 500 branches and agencies. Transylvania Bank
benefits of a performant and centralized computer system, which
offers the customers, as a main advantage, the possibility of
accessing thecurrent account of any unit in the
country.Transylvania Bank has shown that, with the support of its
shareholders and its developedambitious plans, the bank became a
powerful one, more open, flexible and modern.
Transylvania Bank team includes 5,000 people who work in nearly
370 locations all over thecountry and at the Head Office in
Cluj-Napoca. Parallel with the dynamism of the bank and
regional network development, approximately 2,500 people were
employed in January 2006 -April 2007 period, being achieved an
average of 150 jobs per month.
The personnel policy of Transylvania Bank has as main objective
to attract and retain the bestteam of specialists. The 5,000
employees have the benefit of having modern conditions for their
activity, modern equipment, and also access to information. The
wage policy consists,
besides the actual income, of performance bonuses and other
bonuses. To motivate the banksemployees, once a year it takes place
the activity evaluation, depending on the grade earned,is being
given awards and wage raises and, if necessary, and in some cases
are determined job
promotions.
