Banca Transilvania courting Banca Comerciala Carpatica

Banca Transilvania is the fourth-largest bank in in terms of assets, according to data from the National Bank of . “We have talked with Carpatica, but nothing has materialized yet. We are interested in acquisitions on the local market,” said Horia Ciorcila, Chairman of BT’s Board of Directors. If it were to buy Banca Carpatica, BT’s market share would increase to 6.4 percent.

Ilie Carabulea, main shareholder of BCC, with 35.82 percent of shares, has not denied talks with Banca Transilvania.