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

03.20.2013

Fitch Ratings cut by one notch the ratings of several subisidiaries of Italian lender UniCredit, including Romania's UniCredit Tiriac Bank, following the parent group's downgrade, the agency said 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

02.07.2013

The cuts to deposit interest rates announced by banks in the last few weeks will not also mean a cheapening of loans, according to Rasvan Radu, executive president of UniCredit Tiriac Bank. more

01.28.2013

The year 2013 will be lethargic – liquidity will no longer be a problem for the banking market, but we shall witness a lack of loan demand and it is very difficult to tell where economic growth will more

01.21.2013

UniCredit Tiriac Bank, controlled by Italian group UniCredit in partnership with Romanian businessman Ion Tiriac, will not force a fast adjustment of the imbalance between loans and deposits at the more

01.07.2013

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

12.18.2012

Romania needs more structural reforms to accelerate economic growth and a new loan agreement with the International Monetary Fund could help strengthen political will to implement difficult measures, more

12.04.2012

Romanian authorities could commit to a multiannual allocation of budget resources necessary to provide the co-financing of EU funds that Romania plans to attract by 2015, if the country enters new more

11.15.2012

Romania’s UniCredit Leasing estimates it will grant financing worth EUR220 million in 2012, up 17% from a year before, and forecasts a 10% growth for 2013, the company’s chief executive officer more

11.15.2012

Demand for corporate loans is in euros, and UniCredit Tiriac Bank continues to grant loans in foreign currency because it has the necessary resources to do that and believes it is difficult to give 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

11.06.2012

Italy’s financial group UniCredit will shut down its Romanian brokerage unit UniCredit CAIB Securities, most likely by the end of the year, the Romanian firm said Tuesday. 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

09.18.2012

Romanian lender UniCredit Tiriac Bank named Catalina Molnar as chief economist, replacing Dan Bucsa, who was promoted at the group’s London office for emerging markets analysis and research. 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

07.04.2012

Maurizio Volcich will take over as head of UniCredit Tiriac Bank's retail division, replacing Emanuele Butta, who has been appointed head of retail and executive vice-president of UniCredit Bank more

06.26.2012

Italy’s UniCredit Tuesday revised down its forecast on Romanian economic growth to 0.5% in 2012 from 1.2% previously, saying it expects foreign demand to weaken further due to the worsening climate more

06.01.2012

Romania’s UniCredit Tiriac Bank will integrate the operations of its brokerage arm UniCredit CAIB Securities in a move to optimize the use of its local resources, the lender said in a statement more

05.31.2012

UniCredit Tiriac Bank might soon announce the closing of the brokerage firm UniCredit CAIB Securities, which it fully owns, and integration of the brokerage operations into a department of the bank. more

05.18.2012

A potential exit of Greece from the eurozone is unlikely to have a significant impact on the Romanian economy, a senior official of Italy’s banking group UniCredit said Friday. more

05.10.2012

Romania’s UniCredit Tiriac Bank on Thursday reported a first-quarter net profit of 24.1 million lei (EUR5.6 million), down 26.6% on the year. more

03.28.2012

Romanian lender UniCredit Tiriac Bank is interested in issuing covered bonds, depending on legislation and costs, as a method to obtain long-term financing, the bank’s chief executive officer Rasvan more