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

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

11.27.2013

Loan interest rates in Romania are not likely to decline by much in the following period, because of a high level of risk costs in the banking system, particularly with non-performing loans, an more

11.27.2013

Romania’s economic performance is above the region average and the country could reach a growth potential of 4% to 5% a year until 2020, the head of ING Bank Romania said Wednesday. more

11.12.2013

Romania’s UniCredit Tiriac Bank on Tuesday said its net profit rose 47.6% to 213.6 million lei (EUR48.5 million) in the first nine months, helped by higher revenue from lending and reflecting the more

10.14.2013

Romanian lender UniCredit Tiriac Bank has granted South African investment fund NEPI a EUR30 million credit line, the bank said Monday. more

09.30.2013

The private banking division of UniCredit Tiriac Bank has reached a portfolio of nearly 3,000 clients following the transaction completed earlier this month whereby the bank took over all the retail more

08.06.2013

Romania’s UniCredit Tiriac Bank on Tuesday said its net profit more than doubled on the year to 202.9 million lei (EUR46.2 million) in the first half, on higher revenue from fees and trading more

08.05.2013

Royal Bank of Scotland Romania has completed the transfer of its retail and royal preferred banking business to UniCredit Tiriac Bank, the two banks said in a joint statement Monday. more

06.12.2013

Interest rates on leu-denominated loans will stay high due to weak economic performance, the head of UniCredit Tiriac Bank said Wednesday. more

06.12.2013

Romania’s UniCredit Tiriac Bank, a unit of Italy’s banking group UniCredit, will launch in June a five-year corporate bond issue in a bid to raise 500 million lei (EUR111.2 million), the bank’s more

05.23.2013

Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more

05.10.2013

UniCredit Tiriac Bank, the Romanian arm of Italy’s UniCredit, Friday said its first-quarter net profit rose 166.4% on the year to 60 million lei (EUR13.7 million) in the first quarter, on 16% higher more

03.25.2013

Romanian lender UniCredit Tiriac Bank reported revenues from factoring operations of EUR796.5 million last year, similar to the level registered in 2011. more

03.18.2013

Romania’s UniCredit Tiriac Bank, a unit of Italy’s banking group UniCredit, plans to launch its first corporate bond issue in the second half of the year, most likely as part of a larger medium more

03.15.2013

Romania’s UniCredit Tiriac Bank posted a 9.4% increase in its pretax profit to EUR46 million in 2013, helped by lower provisions for bad loans, the mother bank said Friday. more

01.07.2013

UniCredit Tiriac Bank granted a EUR16.5 million loan to Romanian liquid petroleum gas (LPG) distributor Crimbo Gas International. more

11.13.2012

Romania’s UniCredit Tiriac Bank on Tuesday said its net profit rose 18.4% to 146.8 million lei (EUR33.1 million) in the first nine months, helped by lower provisions for bad loans. more

10.08.2012

UniCredit Tiriac Bank, controlled by Italy’s UniCredit in partnership with businessman Ion Tiriac, started a significant adjustment in the first half. This is a reversal of the 2011 strategy when it more

09.14.2012

The European Investment Bank is considering extending a financing line of up to EUR150 million to Romanian UniCredit Tiriac Bank for on-lending to small- and medium-sized enterprises. more

08.03.2012

Romania’s UniCredit Tiriac Bank on Friday said its net profit fell 19% to 75 million lei (EUR16.13 million) in the first half, hurt by higher operating costs and lower revenue from interests. more