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

09.25.2013

Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million. more

09.24.2013

Romanian lender UniCredit Tiriac Bank granted loans of RON320 million in January-August to small and medium-sized businesses with turnovers of below EUR3 million, up 9% on the year, said the bank’s more

09.17.2013

Financial group UniCredit Tuesday announced it completed the transfer of the retail and Royal Preferred banking business of RBS Romania to its UniCredit Tiriac Bank and UniCredit Consumer Financing 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

07.30.2013

Romania’s UniCredit Tiriac Bank has appointed Mihaela Lupu as chief financial officer to replace Stanislav Georgiev, whose mandate has expired. more

07.22.2013

The European Bank for Reconstruction and Development Monday said it has extended a EUR10 million loan to Romania’s UniCredit Tiriac Bank for on-lending to small and medium-sized enterprises (SMEs) more

06.27.2013

UniCredit Tiriac Bank has cut its Romania territorial unit by another 20 units since the beginning of the year after closing 37 units in 2012. The bank now has 188 functional units. more

06.21.2013

Romanian UniCredit Tiriac Bank has raised 550 million lei (EUR121 million) at a five-year corporate bond sale ended Friday, the bookrunner on the deal said in a statement. more

06.19.2013

Romanian lender UniCredit Tiriac Bank has set a coupon of 6.35% on its five-year bond issue launched June 14. more

06.17.2013

Romanian lender UniCredit Tiriac Bank funded around 100 small and medium-sized businesses with a total EUR25 million through the Joint European Resources for Micro to Medium Enterprises (JEREMIE), more

06.13.2013

Romanian UniCredit Tiriac Bank will launch on June 14 a five-year corporate bond issue in a bid to raise 500 million lei (EUR111.5 million), the bank said in a statement Thursday. 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

06.06.2013

Royal Bank of Scotland Romania will transfer its retail business to UniCredit Tiriac Bank by early September, the bank’s president Henk Paardekooper said Thursday. more

05.27.2013

UniCredit Tiriac Bank expects it will recover about 80%, or EUR17.2 million, of a EUR22 million loan granted to the Spanish developers of insolvent residential compound Alia Apartments in Bucharest, 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

04.30.2013

Romanian lender UniCredit Tiriac Bank and sister company UniCredit Consumer Financing Tuesday have reached an agreement to acquire the retail and private banking business of Royal Bank of Scotland’s more

04.01.2013

The management of UniCredit Tiriac Bank, the fifth largest bank in Romania by assets in 2012 will propose the general meeting of shareholders called for April 23 to use the entire 173.1 million more

03.27.2013

Romania’s UniCredit Leasing Corporation said Wednesday it granted new financing worth EUR274.7 million in 2012, up 6% on the year. more