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Annual Report and Accounts, Year ended 31 Dec 2023 | Company Announcement

The prospects of banks listed on the BVB in 2024

Alin Brendea, Prime Transaction: "The level of interest, even if decreasing, will still ensure a good source of profit for banking companies" Adrian Codirlaşu, CFA Romania: "Compared to other countries in the European Union, our country is poorly banked, so there is a lot of room for growth" Aurelian Dochia: "I think that the dynamism of lending will decrease and non-performing loans will increase in 2024, which will affect banks' profitability" Dividend yield of 5.9% for Banca Transilvania and 7.3% for BRD, according to brokers' estimates

UniCredit and Alpha Bank want to create the third largest bank by assets in our country

Alpha Bank will own 9.9% of the new entity, and will receive a consideration of around 300 million euros in cash Last year UniCredit was the seventh bank in the system by the value of assets, with a share of 8.6%; Alpha Bank was in ninth position, with a share of 3%, according to the BNRAlpha Bank and UniCredit have agreed the main financial conditions for the merger between their subsidiaries in our country, an operation that will lead to the creation of the third bank in Romania in terms of assets, with a combined market share of 12%, according to yesterday's announcement of the two financial groups.

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