10.29.2018

UniCredit Bank, the fourth largest bank in Romania by assets, and Allianz-Tiriac Asigurari, the largest insurance company at the end of the first half of 2018, on Monday said they signed a partnership more

06.29.2016

The top ten lenders on the Romanian market could jointly exceed 80% of the market, while some of the small lenders will get certain niches to survive and others will disappear in the next two years, more

10.27.2015

The transaction whereby Italian group UniCredit bought the stake held by businessman Ion Tiriac in Unicredit Tiriac Bank, for over $770 million, is the largest operation on the mergers and more

08.18.2015

UniCredit Tiriac Bank is changing its name into UniCredit Bank Tuesday, after UniCredit Bank Austria had bought 45% of UniCredit Tiriac Bank SA from Tiriac Holdings, controlled by Romanian businessman more

07.30.2015

UniCredit Tiriac Bank will grant financing of EUR28 million to Valvis group, run by businessman Jean Valvis, of which nearly EUR18 million for Carpathian Springs, the bottling firm of Aqua Carpatica. more

06.04.2015

UniCredit Bank Austria AG bought the 45% stake in UniCredit Tiriac Bank from Tiriac Holdings for an undisclosed amount. Romanian businessman Ion Tiriac thus exits the bank he founded back in 1991. more

05.12.2015

UniCredit Tiriac Bank’s net profit dropped 26.8% to 52.8 million lei (EUR11.9 million) in the first quarter of 2015, from RON72.1 million in the year-earlier period. 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

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

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

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

03.11.2014

The net individual profit of UniCredit Tiriac Bank declined 57% in 2013, to 75.1 million lei (EUR16.6 million), RON138 million lower than the profit posted in the first nine months, following an more

02.13.2014

IFC, the private lending arm of the World Bank, has extended a $20 million trade credit line to Romanian lender UniCredit Tiriac Bank, in order to channel additional financing to the bank’s clients 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