HVB also targets smaller companies

HVB Bank relies on product packages and on services to also attract companies with annual turnovers of less than 2.5 million euros among its clients, whereas large and medium-size companies have been its focus until recently. As of 2005, an increasingly larger number of banks has started to pay more attention to the customer segment comprised of small and medium-size enterprises. Banca Transilvania is actually engaged in a campaign, by regularly launching products aimed at these markets. The new packages offered by HVB include current accounts, cards, the Online B@nking service, the Telephone Service and a number of free-of-charge drafts conducted through Online Banking. This service, which is available non-stop, gives access to data regarding the account, real time access to balance sheets, as well as a history of transactions, a possibility to manage transactions given that all types of transactions can be authorised through one or several signatures and that limits can be set to the sums, as well as different access rights according to the user. ZF