03.03.2017

The assets UniCredit’ private banking unit manages reached about EUR450 million last year. The unit has almost 900 customers with EUR500,000 portfolios on average. ` more

01.31.2017

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11.22.2016

The growth engine of the Romanian economy will slow down in 2017 on the backdrop of lower consumption and retail sales and lower industrial activity, following reduced external demand, according to an more

08.11.2016

UniCredit Leasing reported a net consolidated profit of EUR3.7 million in the first six months of 2016, up 33% from the year-earlier period, the company said in a statement Thursday. more

08.04.2016

UniCredit Bank, a top five player in the local banking system, reported a net consolidated profit of RON226 million in the first six months, up 159% compared with the same period a year before, the 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

06.15.2016

Romanian investment fund Fondul Proprietatea (FP.RO) and lender UniCredit Bank have joined the Fund Managers Association, or AAF, as members with full rights, the association said in a statement on more

06.08.2016

Iulius Group, one of the largest players in the local industry of retail centers and office space, has completed the sixth office building United Business Center (UBC 6) located in multipurpose urban more

05.19.2016

Romania will be a global competence center for Italy’s UniCredit, which will independently develop the applications and programs used by the group, said Paolo Cederle, chief executive officer of more

05.16.2016

UniCredit Leasing on Monday said it ended the first quarter of 2016 with a consolidated net profit, calculated under IFRS standards, of EUR2.1 million, up 37% from the same period in 2015. more

05.12.2016

UniCredit Bank has decided to raise the down payment required on mortgage loans in lei and euros to 25%, as of May 16, due to implementation of the law on debt discharge. more

05.11.2016

UniCredit Bank’s net consolidated profit doubled in the first quarter of 2016 to RON108.7 million (EUR24.3 million), while its operating revenues rose 5.5% to RON393.3 million (EUR88.1 million), the more

03.17.2016

UniCredit, ranked among the five largest lenders in the Romanian banking system, registered a record volume of factoring operations in 2015, of EUR886 million, 32% more than in 2014. more

03.09.2016

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02.17.2016

The volume of loans granted by UniCredit Bank to the beneficiaries of financing from EU non-reimbursable funds exceeded EUR1 billion since the start of this activity, in the second half of 2009, and more

02.16.2016

UniCredit Leasing financed assets of EUR338 million in 2015, including the operating leasing volumes of UniCredit Fleet Management, worth EUR43.5 million, while the consolidated profit of the leasing more

02.10.2016

UniCredit Bank on Wednesday said it registered assets of RON30.6 billion (EUR6.8 billion) last year, 6.7% more against 2014, due to a 4.1% increase in lending to RON19.7 billion (EUR4.3 billion), and more

12.21.2015

Polish-held Kredyt Inkaso bought a EUR340 million set of non-performing loans from UniCredit Romania for which it is to pay EUR28 million. This is the largest deal involving NPL this year. more

11.12.2015

UniCredit Bank group registered a consolidated net profit, before minority interest, of RON183.6 million (EUR41.3 million), up 14.3% against the year-earlier period, while the bank’s individual 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

08.25.2015

UniCredit Leasing financed assets of EUR162 million (nearly 720 million lei) in the first semester, similar with 2008, namely before the burst of the financial crisis that meant a downfall of the more

08.20.2015

BRD-Groupe Societe Generale and UniCredit Bank have granted a syndicated loan of EUR127 million to pharmaceutical group A&D Pharma, for a three-year period. 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

08.13.2015

UniCredit Bank AG and UniCredit Tiriac Bank have granted a financing line of over EUR20 million to pork producer Degaro which will use the money to boost the production capacity of two farms and the more

08.12.2015

Two Smithfield companies in Romania have contracted an overdraft loan facility worth RON193.4 million from lender UniCredit Tiriac Bank. more