BT nearing $200m capitalisation

Several million dollars. That is all that separates Banca Transilvania (BT) from being worth $200 million on the Bucharest Stock Exchange (BSE). The bank yesterday reached a market capitalisation of about $195 million, following a strong raise in quote since the beginning of the year. Yesterday, although most analysts were expecting the price to stop its way up, the BT quote gained another 2.38%, reaching a new all time high, 6,450 ROL. Banca Transilvania’s were the most traded shares on the Stock Exchange yesterday, with the total traded value amounting to over 11bn ROL. ZF