10.13.2011

Fitch Ratings Thursday affirmed its long-term issuer default rating on Romanian UniCredit Tiriac Bank at ‘BBB+’, with stable outlook, following the placement of Italy’s UniCredit group rating of more

10.06.2011

UniCredit Tiriac Bank, the fifth largest lender in Romania, has gained trust to resume branch opening. However, the spectacular plan of opening 300 units in five years announced in late 2010 was more

10.05.2011

Romania’s funding needs will remain high next year, as UniCredit analysts estimate it will reach EUR22.4 billion, EUR5.7 billion (34%) higher than this year. more

09.14.2011

Romanian brokerage firm UniCredit CA-IB Securities appointed Ioana Tanase as general manager, starting Wednesday, replacing Liviu Giugiumica who resigned in May, people close to the matter told more

09.12.2011

UniCredit Leasing, which controls a third of the leasing market, is tapping the used car market with a major project, taking over the former complex built by AAA Auto at the entrance to the more

09.05.2011

Steel pipe maker TMK Artrom Slatina (ART.RO) will contract three loans worth a total EUR55 million, from UniCredit Tiriac Bank and Banca Comerciala Romana, to refinance other loans and secure working more

09.01.2011

Romanian grains and fertilizer trader Ameropa Grains Constanta (CCRL.RO), former Comcereal, on Thursday said it seeks funding worth at most EUR48.2 million from UniCredit Tiriac. more

08.18.2011

The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are seeing their more

08.10.2011

Shareholders of Romanian paper and cellulose producer Vrancart Adjud (VNC.RO) Wednesday approved the contracting of a loan worth EUR6 million from UniCredit Tiriac Bank, for financing a production more

08.04.2011

Romania’s UniCredit Tiriac Bank on Thursday said its net profit fell 36.6% to 94 million lei (EUR22.6 million) in the first half, on higher operating costs and lower revenue from interests. more

08.03.2011

Italian banking group UniCredit posted pretax profit in Romania of EUR25 million in the first half, down 39% on the year, the group said in its financial report Wednesday. more

07.29.2011

Romanian steel pipe maker TMK Artrom Slatina (ART.RO), part of Russian steel group TMK, Friday said it plans to take out loans worth a total EUR60 million from UniCredit Tiriac Bank and Banca more

07.25.2011

Romanian companies have already depleted over two thirds of the European structural funds that target the private sector, with up to EUR1 billion remaining by the end of the allocation period in 2013, more

07.22.2011

Fitch Ratings has affirmed its rating on Romanian lenders Banca Transilvania (TLV.RO), UniCredit Tiriac Bank and ProCredit Bank Romania, the agency said in a statement Friday. more

07.20.2011

Austrian banks had an almost EUR33 billion exposure to Romania at the end of last year, followed by Greek lenders, which were far behind, with assets worth EUR15 billion on the local market. more

07.08.2011

UniCredit Tiriac Bank has filed a petition requesting the insolvency of Avrig 35 and Avrig Asset Management, after having lent them more than EUR70 million over time for real estate projects initiated more

07.08.2011

The Romanian economy could use the conditions generated by the crisis to come up with stronger local companies, capable of achieving the status of “national champion”, as well as operate abroad more

07.07.2011

Fitch Ratings Thursday upgraded the long-term issuer default ratings of Banca Comerciala Romana (BCR), BRD - Groupe Societe Generale (BRD.RO) and UniCredit Tiriac Bank to 'BBB+' from 'BBB' following more

06.29.2011

Real estate developer Oasis, controlled by two Sibiu businessmen, has secured EUR7 million worth of funding to develop several projects. more

06.22.2011

The shareholders of Romanian ball bearing maker Rulmenti Barlad (RBL.RO) recently approved the contracting of a EUR5 million loan from UniCredit Tiriac. more

06.15.2011

UniCredit Tiriac Bank, controlled by Italy’s UniCredit Group, is set to move its central office into a new 15-floor building on Expozitiei Boulevard nearby the World Trade Center in the first more

06.09.2011

Apartments in Romania are still less affordable than in other countries in the region, reveals a regional survey by UniCredit. The only place where it is harder to buy a home is Russia. more

06.07.2011

Italy’s UniCredit group, which controls the seventh domestic bank by assets, UniCredit Tiriac Bank, is opening up on a possible acquisition as an alternative to the classic business expansion more

06.06.2011

Italian lender UniCredit is not planning any changes in the shareholding structure at UniCredit Tiriac Bank, where Romanian businessman Ion Tiriac holds 45%, UniCredit general manager Roberto Nicastro more

05.30.2011

The rising euro financing costs, particularly for consumer loans, will spur the shaping up of a market of consumer loans in lei, says Rasvan Radu, executive vice-president with UniCredit Tiriac Bank. more