1-3 years 810,462 16%3-5 years 549,193 11%419,080779,801491,44116%10%> 5 years 2,586,726 50%2,568,487100Total FCY 5,206,079% 4,869,49253%100%Total Loans 14,111,891 12,485,916Arrears 1,246,312878,854TOTAL LOANS 15,358,204 13,364,77040
4. RISK FACTORSA section entitled “Risk Factors” shall set forth the risk factors which could impair theIssuer’s capacity to fulfil its obligations to investors arising from its securities.Any investment in the Bonds or Shares represents risk. Before making an investmentdecision, potential investors should read this Prospectus carefully. Investors shouldcarefully consider the risks presented below. The risks identified in this Prospectus arebelieved to be important risks (but not necessarily all of the important risks) related to theBank, the Bonds and the Shares. Additional risks not presently known to us or that wecurrently deem immaterial may also impair the Bank's operations, performance of theGroup and may lead to a decrease in the price of the Bonds or Shares.The Bank's business, financial situation or results of operations could suffer materialadverse effects caused by any of these risks. The trading price of the Shares could alsodecline due to any of these risks, and you may lose all or part of your investment.Investors are further advised to make their best efforts to perform their own assessment ofthis investment opportunity.In this section, the order of presentation and risk factors is a random order and not aprioritized one.4.1. Risks related to RomaniaRomania is an emerging marketRomania is an emerging market, therefore potential investors in Bonds and Shares shouldbear in mind that such a market poses a higher level of risk as compared to more developedcountries. The main country-specific downside risks in 2013 relate to the continuingdomestic political uncertainties that could increase financing costs and hold backinvestment. Emergent countries, such as Romania, need an adjustment to the legislativeprocess, so as to ensure a stable framework fostering a balance between consumer andinvestor interests. The process to this stable framework may extend over a long time span,whereas Romania may undergo a chain of sudden and unanticipated changes at political,legal, social or economic level, including periods of economic recession, material changesor legislation amendments, increased inflation rates, governmental instability, austeritymeasures taken by the Government or the State’s interference within the main infrastructureareas (including, without limitation, contributions requested by the Government).General - Emerging MarketsThe <strong>Romanian</strong> economy is currently in transition to a market economy, and the <strong>Romanian</strong>41
- Page 8: Interest expense -921,954 -897,963
- Page 11 and 12: Placements with banks 1,059,394 566
- Page 13 and 14: activities".B.16 To the extent know
- Page 15 and 16: Subject to the provisions laid down
- Page 17 and 18: (assuming that there is no conversi
- Page 19 and 20: after the close of the Pre-emptive
- Page 21: Tranche A Bonds to Tranche B Bonds.
- Page 24 and 25: “Lead Manager”,"Broker" or "BTS
- Page 26 and 27: estructuring, liquidation, dissolut
- Page 28 and 29: "PrimaryOffer Period""Reference Pag
- Page 30 and 31: I. REGISTRATION DOCUMENT1. LIABLE E
- Page 32 and 33: Distributable to:Equity holders of
- Page 34 and 35: pace under the current market condi
- Page 36 and 37: OWN FUNDS LEVEL II 203 154 78 48 36
- Page 38 and 39: The table below presents the struct
- Page 42 and 43: macro-economical environment is sti
- Page 44 and 45: • creation and constant maintenan
- Page 46 and 47: Banca Transilvania’s strategy for
- Page 48 and 49: y a low level of liquidity. Further
- Page 50 and 51: investment will have on the potenti
- Page 53 and 54: 5. INFORMATION ABOUT THE ISSUERHist
- Page 55 and 56: solution. This client service appro
- Page 57 and 58: anches (I+II)CREDITCOOP 796,3 0,2 8
- Page 59 and 60: After temporary downward pressure o
- Page 61 and 62: company proposes financing solution
- Page 63 and 64: Until December 31, 2011 the units h
- Page 65 and 66: ORGANISATIONAL CHART OF BANCA TRANS
- Page 67 and 68: 8. INFORMATION ON TRENDS8.1. Statem
- Page 69 and 70: Mr. Peter Morris Franklin was born
- Page 71 and 72: Doca Nevenca ZorancaRelationsExecut
- Page 73 and 74: ecomes the Head of the Arbitration
- Page 75 and 76: • Providing means of open communi
- Page 77 and 78: Technical Committee for the Managem
- Page 79 and 80: manager for SME loans/ designated s
- Page 81 and 82: 11. MAIN SHAREHOLDERSAs at 30.12.20
- Page 83 and 84: LeiLeiInterest income 1.856.372 1.8
- Page 85 and 86: LiabilitiesDeposits from banks 251.
- Page 87 and 88: contributionDistribution to statuto
- Page 89 and 90: Consolidated cash flow statementFor
- Page 91 and 92:
Less accrued interest -2.019 -3.588
- Page 93 and 94:
Tangible assets 275.174 266.586 1,0
- Page 95 and 96:
According to the Articles of Associ
- Page 97 and 98:
II. BONDS TERMS AND CONDITIONS1. BA
- Page 99 and 100:
The Bonds are direct, unconditional
- Page 101 and 102:
payments accrued and unpaid have be
- Page 103 and 104:
Agent to the Bondholders registered
- Page 105 and 106:
marketV d is the number of Shares t
- Page 107 and 108:
7. NoticesExcept as otherwise provi
- Page 109 and 110:
Bond Registry in accordance with th
- Page 111 and 112:
In accordance with the Agreement da
- Page 113 and 114:
Bank for the benefit of the Bondhol
- Page 115 and 116:
e returned to the subscribers in 10
- Page 117 and 118:
Bonds may be subscribed during the
- Page 119 and 120:
12. IFC• A copy of the Romanian L
- Page 121 and 122:
The Offer is considered successfull
- Page 123 and 124:
ANNEX 1Conditions of the Tranche A
- Page 125 and 126:
(i) the Tranche A Purchaser shall h
- Page 127 and 128:
In case of termination of the Tranc
- Page 129 and 130:
(xii) a Foreign Currency Maturity G
- Page 131 and 132:
agenda the election of the members
- Page 133 and 134:
(f) the creation, issue, sale, and
- Page 135:
ANNEX 4Conversion Notice FormTo:BAN
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