The bank history began in Cluj-Napoca, 15 years ago.

The entrepreneurial spirit of its

founders led to the consolidation of Transylvania Bank’s position in a first stage in Cluj and
then regionally. Firstly, the bank orientated its activity towards the SME sector and due to
market demand, it soon began to develop a retail area. In 1997 Transylvania Bank became the
first banking institution in Romania, which was listed on the Bucharest Stock Exchange. BT
is the largest banking institution with major Romanian capital, and the European Bank for
Reconstruction and Development, which owns 15% of the capital, is a significant shareholder.

Since 2002, Transylvania Bank has a modern management with international know-how that,
that gave the bank a different style, characterized by openness and flexibility. Another
important moment for the bank was 2003, when it changed its corporate identity under its new
missions. Re-branding meant changing the bank’s logo, also implementing a new standard
concept regarding its units.

A priority of its activity is the continuous improvement of services and employees, so its
quality is the one that makes the difference.

In addition, Transylvania Bank means a strong financial group, Transylvania Bank Financial
Group, which offers integrated market services - banking, investments and management,
consumer finance, leasing, securities transactions, factoring, private pension - through its
companies: BT Asset Management SAI SA, BT Direct, BT Leasing, BT Securities, BT Finop
Leasing and factoring company.

Transylvania Bank is structured into four business lines: retail, SME, Corporate and
Physicians’ Division. The bank has formed special teams and a complex portfolio of products
and services to support the development of these three directorates. Transylvania Bank has
about 1,400,000 active customers.

Transylvania Bank is present in all major economic centers in Romania, with over 500
branches and agencies. Transylvania Bank benefits of a performant and centralized computer
system, which offers the customers, as a main advantage, the possibility of accessing the
current account of any unit in the country.
Transylvania Bank has shown that, with the support of its shareholders and its developed
ambitious plans, the bank became a powerful one, more open, flexible and modern.

Transylvania Bank team includes 5,000 people who work in nearly 370 locations all over the
country and at the Head Office in Cluj-Napoca. Parallel with the dynamism of the bank and
regional network development, approximately 2,500 people were employed in January 2006 -
April 2007 period, being achieved an average of 150 jobs per month.

The personnel policy of Transylvania Bank has as main objective to attract and retain the best
team of specialists. The 5,000 employees have the benefit of having modern conditions for
their activity, modern equipment, and also access to information. The wage policy consists,
besides the actual income, of performance bonuses and other bonuses. To motivate the bank’s
employees, once a year it takes place the activity evaluation, depending on the grade earned,
is being given awards and wage raises and, if necessary, and in some cases are determined job
promotions.
Nevenca Doca, Human Resources Manager, at Transylvania Bank, said: "We have a
personnel strategy, through which we know at any time where we are and where we
want to reach. We are looking for people who want to work not only in banking but
especially in the Banca Transilvania, being attracted by what we represent on the
market - as a banking institution, as an employer. in the selection process, we rely on
criteria that fit into our corporate culture, characterized by strong identity, a great
degree of cohesion within the group, teamwork and total commitment to the
objectives of the bank.