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

05.23.2011

Bancpost chief economist Dan Bucsa will move to UniCredit Tiriac Bank as chief economist starting June, replacing Rozalia Pal who went on maternity leave, people close to the matter told MEDIAFAX. more

05.20.2011

Romanian households spend more than half of their monthly budgets on food, gas and electricity bills, ranking first among EU countries, UniCredit said in a presentation at the EBRD annual meeting in more

05.20.2011

Italian banking group UniCredit will kick off its territorial expansion program in Romania once the economy is sure to have emerged from the crisis, said Gianni Franco Papa, head of Unicredit’s more

05.17.2011

UniCredit Business Partner, the back-office unit of the UniCredit group, rented 10,000 square meters in Bucharest’s Novo Park, the largest transaction on the office market so far in 2011. more

05.15.2011

UniCredit Tiriac Bank, a local lender controlled by Italy's UniCredit group in partnership with businessman Ion Tiriac, in the first quarter generated net income worth 52 million lei (EUR12.3 million) more

05.13.2011

Romania’s UniCredit Tiriac Bank on Friday said its net profit fell 47% to 34 million lei (EUR8.3 million) in the first quarter, due to negative effects of the recession and lower margins, according more

05.11.2011

Consumer loan demand is showing signs of growth, but it is not the healthy result of wage raises, instead reflecting the need for money of people short on cash, says Rasvan Radu, CEO of UniCredit more

04.11.2011

Romania’s UniCredit Tiriac Bank estimates its retail portfolio will double to over 1,000,000 clients until 2015, while the territorial network is expected to exceed 540 units, chief executive more

03.28.2011

Romanian lender UniCredit Tiriac Bank appointed Marco Esposito, corporate head at UniCredit’s Bulgarian subsidiary, as vice-president in charge with the corporate division starting April 1. more