03.10.2015

Allianz-Tiriac Asigurari targets underwriting revenue of more than RON1 billion this year, from RON990.8 million in 2014, company general manager Remi Vrignaud said in a press release Tuesday. more

02.26.2015

Romanian insurer Allianz-Tiriac Asigurari underwrote 6.2% higher premiums on the year in 2014, to EUR222 million, according to data provided by German group Allianz. more

02.12.2015

UniCredit Tiriac Bank's net profit rose 7% in 2014, to RON80.3 million, and total operating revenue declined 2.1%, to RON1.3 billion, the bank, part of Italian group UniCredit, said in a statement more

12.23.2014

Tiriac Imobiliare, the real estate unit of businessman Ion Tiriac, is set to invest EUR30 million in an office building in Buzesti street, near Bucharest’s Victoriei Square. more

12.16.2014

Clubul Rezidential Stejarii (Stejarii/Oak Trees Residential Club) developed by businessman Ion Tiriac in the Baneasa Forest in northern Bucharest has reached 75% occupancy, four years from completion, more

11.26.2014

Romanian insurer Allianz-Tiriac Asigurari underwrote premiums of RON729.7 million on the general and life insurance segment in the first nine months of 2014, up 8% on the year, while its operating more

09.08.2014

Romanian insurer Allianz-Tiriac nderqrote premiums of RON494.1 million in the first half of the year, up more than 6% on the year, while its consolidated operating profit doubled to RON20.7 million, more

08.06.2014

Romania’s UniCredit Tiriac Bank on Wednesday said its net profit fell 42% to 121.33 million lei (EUR27.4 million) in the first half, from roughly RON209.6 million a year earlier. more

08.05.2014

UniCredit Tiriac Bank has reached an agreement with Royal Bank of Scotland Romania to acquire the latter’s corporate business, pending regulatory authorizations, the two lenders said in a joint more

08.01.2014

Dragos Dinu is one step away from taking the position of chief executive officer of Tiriac Holdings, a group of more than 40 companies in automotive, real estate, aviation, retail, energy and more

08.01.2014

UniCredit is readying to sign with RBS an agreement to take over its corporate portfolio in Romania, after the British bank had ceded its domestic retail portfolio to the same group. more

06.20.2014

Fitch Rating on Friday affirmed its ratings on Romanian lender UniCredit Tiriac Bank and Banca Transilvania (TLV.RO), the rating agency said in a statement. more

06.19.2014

Romanian businessman Ion Tiriac plans to sell his 45.06% stake in UniCredit Tiriac Bank to Italy’s banking group UniCredit Spa, the majority shareholder of the Romanian lender, people familiar with more

06.12.2014

The European Investment Bank will extend a EUR60 million financing line to Romania’s UniCredit Tiriac Bank, said Mihai Tanasescu, EIB Vice-President responsible for lending operations in Romania. more

06.11.2014

Lending activity is slowly picking up, but demand remains weak, particularly in the heavy industry sector, said Rasvan Radu, chief executive of UniCredit Tiriac Bank. more

06.03.2014

Romanian insurer Allianz-Tiriac Asigurari Tuesday said it registered revenues from general and life insurance of 258.8 million lei (EUR58.9 million) in the first quarter of 2014, up 7% on the year. more

05.29.2014

Insurer Allianz-Tiriac had a net profit of RON88.6 million, of which RON18 million were distributed as dividends to shareholders. more

05.14.2014

After having sold its retail business and a set of non-performing corporate loans in 2013, UK's Royal Bank of Scotland now has a branch with a small market share left in Romania. more

05.12.2014

Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, had a net profit of RON72.1 million (EUR16 more

05.05.2014

Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, aims to increase the volume of loans granted to more

04.29.2014

Romania is faring better than he would have thought, one can feel a positive balance that is hard to find in many other parts of Europe, it’s clear the worst has been left behind and this is a good more

04.14.2014

Leu and euro-denominated loan costs have become comparable, but the Romanian central bank needs to carefully monitor the volatility of interbank market interest rates so that foreign currency risks more

04.09.2014

UniCredit Tiriac Bank had factoring operations of EUR812 million last year, up some 2% from 2012, and increased its market share on this segment to 30% as the local factoring market declined 6%, to more

04.04.2014

Romania’s UniCredit Tiriac Bank plans to acquire 99.99% in sister company UniCredit Leasing Romania for 66.87 million lei (about EUR15 million). more

03.19.2014

Romanian insurer Allianz-Tiriac Asigurari, part of German group Allianz, estimates its underwritten premiums will exceed 950 million lei (EUR211.1 million) this year, up 2.5% from RON926.5 million in more