Banca Transilvania, the largest bank in the Southeast Europe region

By rbj
The publication SeeNews launched the first special edition of its TOP 100 SEE publication, focusing entirely on the banking industry in Southeast Europe.
Romania’s Banca Transilvania tops the first edition of the TOP 100 SEE Banks ranking, published today by SeeNews. The special publication ranks the 100 best-performing banks in terms of total assets as of end-2018 for 11 markets in Southeast Europe.
Nevena Krasteva, the Editor-in-chief, states: ‘Operating in an improving macroeconomic environment amid high liquidity and in the absence of major external shocks, the banks in Southeast Europe (SEE) put up a solid performance in 2018. The combined profit of the 100 biggest lenders in SEE surge to all-time highs. As consolidation in SEE continued, Romania’s Banca Transilvania emerged as the biggest bank in the region with total assets of 15.892 billion euro.
The top five banks in SEE account for 25% of the total assets of the top 100 lenders in the region. The aggregate assets of the banking systems in SEE rose by 5.5% y/y, to close to 312 billion euro as of end-2018, as annual growth accelerated from 4.1% in 2017. The fastest expansion was reported in Serbia, Moldova and North Macedonia – of 12.2%, 9.8% and 9.3%, respectively.’
The publication provides a detailed look into the past year and offers insights and outlooks on the current trends, opportunities and problems that shape the banking sector. Apart from the first and only ranking of the 100 best banks in the region, the TOP 100 SEE edition feature exclusive content, including: an interview with Sergei Guriev, Chief Economist of the EBRD; an analytical survey with financial analysts from some of the region’s biggest banks; an overview of the region’s banking sector and its performance
Additionally, the publication will also be available in print format at all major business conferences, regional events, business centers, hotel and airport lobbies in the region.
In October 2019, the benchmark ranking of the biggest companies in Southeast Europe – TOP 100 SEE, makes its return with its 12th annual edition.
Congratulations to our colleagues from SEENews!