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NBR and CC approvals for Idea Bank SA acquisition

Release Date: 10/12/2021 8:30:14 AM

IRIS Code: 6FDA9

CURRENT REPORT in accordance with Law 24/2017 on issuers and market operations and FSA Regulation no. 5/2018 on issuers and market operations

Date: 12.10.2021


Headquarters:                                                      Cluj-Napoca, 30-36 Calea Dorobantilor

Telephone/fax number:                                   0264/407150/407179

Registry of Commerce reg. number:           J12/4155/1993

Individual identification number:              5022670

Subscribed and paid-up capital:                  RON 6,311,469,680

Legal Stock Market:                                           Bucharest Stock Exchange


1.      Important events to report:

a)     Change of control of the issuer – not applicable.

b)     Acquisition or substantial transaction of assets – not applicable.

c)      Insolvency/juridical reorganisation/bankruptcy procedure – not applicable.

d)     Transactions of the type listed in art. 82 of Law no. 24/2017 – not applicable.

e)    Other events:


Banca Transilvania S.A. has received the necessary approvals from the National Bank of Romania and the Competition Council in regard to the acquisition of the total holding owned by Getin Holding Group in the capital of Idea Bank S.A. as well as the acquisition of holdings in the capital of the Romanian companies which are part of the Idea Bank Group, namely Idea Leasing IFN SA and Idea Broker de Asigurare SRL. 

Moving forward, we will begin the other legal procedures required to finalize the transaction with Getin Holding Group.

Banca Transilvania estimates that the closing of the transaction regarding the acquisition of Idea Bank will take place at the end of October 2021.

After the transaction is finalized, BT will be a shareholder with full powers and Idea Bank will become part of the Banca Transilvania Financial Group.



OMER TETIK                                                        IOANA OLANESCU



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