Moody's raises Banca Transilvania into the league of safe investors, maintaining the stable outlook

The Moody's Ratings agency has upgraded the long-term rating for the deposits of Banca Transilvania, increasing it from Baa2 to Baa1, in the context of the country rating. Additionally, the agency has updated the bank's issuer ratings from Baa3 to Baa2, maintaining a stable outlook. This positive assessment reflects the bank's solid financial performance, good capitalization, and robust profitability, which allow it to remain resilient in the face of macroeconomic challenges.

Moody's has also confirmed the baseline rating (Ba1), highlighting the ample liquidity and leading position of Banca Transilvania in the Romanian market. The bank benefits from the assessment of two international rating agencies in 2023, including Moody's.