• Romania is the place where Banca Transilvania (BT) was born and grew; BT is the largest investor in the Romanian economy.
  • Romania is the largest country in Southeast Europe, with a population of 19 million and a member of the EU and NATO.
  • GDP/ per capita (PPP): ≈ 66% of the Eurozone average and ≈ 70% of the European Union and
    OECD average. The World Bank has included Romania in the category of high-income countries (2020).
  • Sectors of interest for investors: industry, infrastructure, agriculture, education, IT, tourism.

The pandemic has empowered

the digitalization process.

The gross added value in the IT&C

sector registered a + 10.6% year

  • year increase, in Romania, during January-September 2020, the second highest level after the growth registered in the construction sector
  • The monetary policy mix and the economic stimulus package launched in 2020 have helped maintain the investment rating and decrease the long-term state funding costs.
  • The Romanian economy registered an adjustment at a slower pace compared to the one registered in the Eurozone. The productive investments continued to grow in 2020, including the ones in Q2.

Romania is the only country in the

EU with positive annual dynamics

of productive investments during

Q1, Q2 and Q3 2020. Overall, during January - September 2020, the productive investments increased by 4.4% year / year

The capital market reached

in 2020 in the secondary

emerging league, which

will contribute to the

economic development.

  • The banking sector in Romania and the domestic economy are not dependent on external financing because the banks have domestic resources: between January and November 2020, the balance of non- governmental deposits increased by over 13% year / year, and the ratio of loans / deposits decreased by over 68 %.
  • The banking sector has showed resistance to the pandemic due to the high level of solvency
    (≈23% in Q3 2020) and the level of loan/deposits, which decreased to historical lows. The difference between deposits and non-government loans is 129 billion RON.

There are 34 banks in Romania,

of which BT is the largest.

The banks with mostly

Romanian private capital have a

market share of over 18%, and

those with foreign capital, of

almost 80%.

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Banca Transilvania SA published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 22:31:05 UTC.