BANCA TRANSILVANIA S.A. Romanian joint-stock company ...

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odies have already made firm commitments.Information regarding the anticipated sources of funds needed to fulfil previously mentionedcommitments.The investments budget for 2012 includes:Agencies and buildings41.021.000 leiIT Investments and cards:48.510.000 lei• IT Core and CRM 29.667.000 leiVehicles1.888.000 leiOther investments7.226.000 leiBank Investments98.645.000 leiInvestments in subsidiaries15.225.000 leiTotal investments113.870.000 lei6. OVERVIEW OF ACTIVITIES6.3. Main ActivitiesRetail BankingTo address the retail banking market, the Bank focuses on family needs, including bothdeposits and a large variety of loans.Term deposits are offered in a broad range of maturity options (from overnight to 18months) with fixed or variable interest rates and an option to negotiate interest rates forhigh value deposits. The market reaction to the Bank's deposit products was excellent,earning the Bank second place in Romania according to the survey conducted by Capital(financial publication).The Bank's credit facility offerings are also extensive, consisting of home loans,consumer and car loans, stock purchase facilities and student and tourist loans. Inparticular, recent developments in the Romanian economy resulted in a boom in the realestate industry. Partly due to the Bank's expansive territorial network and quickprocessing of loan applications, the Bank established an early presence on the home loanmarket, building a significant market share (9-10% currently) before other banks enteredthe market. The Bank is considered by many individuals as their "family Bank" based onan established long-term relationship.Corporate and Commercial BankingAs a commercial bank, the Bank's objective is to identify its customers' needs at an earlystage and to develop corporate & commercial finance products to offer an appropriate54
solution. This client service approach combines the product know-how with our marketknowledge and understanding.To offer products and services appropriate for individual needs and to ensure a swiftresponse to clients, specialized departments have been established at headquarter level.The Bank's nationwide network leads to efficient distribution by being close to clientsand businesses. In addition, a dedicated relationship manager is assigned to each client,offering tailor-made solutions, professional expertise and knowledge in the client'sbusiness sector.The Bank's corporate & commercial products and services target both SME's and largebusinesses, being adapted to the nature, scope and size of the corporate operations. Itincludes cash management services, comprehensive payment clearance, short to longterm credit facilities, foreign trade service and financing - including factoring, guaranteesand warranties, bills of exchange, etc.To maximize client satisfaction, the Corporate & Commercial Division works in closeco-operation with the Bank's Treasury and Settlements Division, allowing forexperienced banking officers to provide the best solutions and practices. In addition tostandard services, the Bank offers financial advisory services specifically tailored toclients, including financial restructuring. Further, through the BT Financial Group,several other financial services, such as leasing, insurance, brokerage and assetmanagement are offered.6.4. Main MarketsThe Romanian Banking System(Source: National Bank of Romania, Annual Report 2011, pages 79-81)The structure of Romanian banking system posted no significant changes in 2011. The yearunder review witnessed BCR taking over the activity of the Anglo-Romanian Bank and thetransfer of the shares held by the state in Banca de Export-Import a României (Export-ImportBank of Romania) – Eximbank from under the management of AVAS to that of the Ministry ofPublic Finance, in compliance with the provisions of Government Emergency Ordinance No.83/2011. Changes took place in the shareholding of Volksbank România S.A. whose majorityshareholder is VBI Beteiligungs GmbH and that of Marfin Bank România whose new majorityshareholder became Marfin Popular Bank Public Co Ltd. Cyprus after merging with MarfinEgnatia Bank of Greece. The names of certain credit institutions were also changed, as in thecase of the Bucharest branch of Caja de Ahorros y Pensiones de Barcelona (La Caixa), whichbecame Caixa Bank and Libra Bank turned into Libra Internet Bank.55
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 40 and 41: 1-3 years 810,462 16%3-5 years 549,
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: 5. INFORMATION ABOUT THE ISSUERHist
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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