Banca Transilvania SA engages in the provision of banking services for legal entities and individuals. The company services include accepting deposits and granting loans; performing fund transfers; and exchanging currencies. It operates through the following segments: Large Corporate Clients, Medium Corporate Customers, SME Clients, Micro Business Clients, Retail customers, Treasury, Leasing and Consumer Loans Granted by Non-Banking Financial Institutions, and Other. The Large Corporate Clients segment mainly includes companies with an annual turnover exceeding RON 100 million, as well as legal entities created to serve a particular function, public entities and financial institutions included based on specific classification criteria. The Medium Corporate Customers segment comprises companies with an annual turnover between 9 and 100 million RON. The SME Clients segment includes companies with an annual turnover between 2 and 9 million RON. The Micro Business Clients segment comprises the number of companies and the diverse types of entities, such as limited liability companies, freelancers, and sole proprietorships. The Retail Customers segment provides individuals with a range of banking products and services, including loans, savings and deposit accounts, payment services and securities trading. The Treasury segment comprises of the treasury services. The Leasing and Consumer Loans Granted by Non-Banking Financial Institutions segment includes financial products and services such as lease facilities, consumer loans and microfinance provided by the non-banking financial institutions of the group. The Other segment deals with the services offered by other financial entities within the group, which composes asset management, brokerage, factoring, and real estate. The company was founded by Horia Ciorcila and Radu-Danut Palagheanu on December 16, 1993 and is headquartered in Cluj-Napoca, Romania.