05.12.2015

UniCredit Tiriac Bank’s net profit dropped 26.8% to 52.8 million lei (EUR11.9 million) in the first quarter of 2015, from RON72.1 million in the year-earlier period. more

04.09.2015

Fitch Ratings has affirmed the long-term issuer default rating of UniCredit Tiriac Bank at BBB and revised the outlook to stable from negative, following a similar move on the Romanian lender's more

03.02.2015

Iulius Group, owned by businessmen Iulian Dascalu, has leased UniCredit Business Integrated Solutions 7,000 square meters of office space in United Business Center in Iasi, half of the fifth building more

02.12.2015

UniCredit Tiriac Bank's net profit rose 7% in 2014, to RON80.3 million, and total operating revenue declined 2.1%, to RON1.3 billion, the bank, part of Italian group UniCredit, said in a statement more

02.11.2015

Italian banking group UniCredit's consolidated profit in Romania more than doubled last year, from EUR19 million to EUR42 million, as deposits and loans increased 7% on the year, the group said in its more

12.16.2014

UniCredit Tiriac Bank has completed the takeover of RBS Romania's corporate client portfolio, which consists of more than 500 medium and large companies, assets of around EUR260 million and deposits more

12.12.2014

Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, bought office building UniCredit HQ from businessman Raul Doicescu, in a EUR43 million transaction approved by more

11.11.2014

Italian banking group UniCredit reported consolidated profit of EUR35 million in Romania in January-September 2014, down 22.9% from EUR45 million in the year-earlier period, the group said in its more

10.24.2014

BCR and UniCredit Tiriac, two large banks in Romania, granted funding worth EUR75 million to Romanian fertilizer producer Azomures. The company will use the money to upgrade its two ammonia plants. more

08.06.2014

Romania’s UniCredit Tiriac Bank on Wednesday said its net profit fell 42% to 121.33 million lei (EUR27.4 million) in the first half, from roughly RON209.6 million a year earlier. more

08.05.2014

UniCredit Tiriac Bank has reached an agreement with Royal Bank of Scotland Romania to acquire the latter’s corporate business, pending regulatory authorizations, the two lenders said in a joint more

08.01.2014

UniCredit is readying to sign with RBS an agreement to take over its corporate portfolio in Romania, after the British bank had ceded its domestic retail portfolio to the same group. more

06.20.2014

Fitch Rating on Friday affirmed its ratings on Romanian lender UniCredit Tiriac Bank and Banca Transilvania (TLV.RO), the rating agency said in a statement. more

06.19.2014

Romanian businessman Ion Tiriac plans to sell his 45.06% stake in UniCredit Tiriac Bank to Italy’s banking group UniCredit Spa, the majority shareholder of the Romanian lender, people familiar with more

06.12.2014

The European Investment Bank will extend a EUR60 million financing line to Romania’s UniCredit Tiriac Bank, said Mihai Tanasescu, EIB Vice-President responsible for lending operations in Romania. more

06.12.2014

UniCredit Leasing Corporation will get a EUR50 million credit line from the European Investment Bank (EIB), which it will use to finance small and medium-sized businesses. more

06.11.2014

Romania’s UniCredit Tiriac Bank has sold unsecured non-performing loans worth less than EUR100 million so far, mainly in the consumer loans segment, the bank’s chief executive Rasvan Radu said more

06.11.2014

Lending activity is slowly picking up, but demand remains weak, particularly in the heavy industry sector, said Rasvan Radu, chief executive of UniCredit Tiriac Bank. more

05.14.2014

After having sold its retail business and a set of non-performing corporate loans in 2013, UK's Royal Bank of Scotland now has a branch with a small market share left in Romania. more

05.13.2014

Romania faces one of the highest declines in employment levels in Central and Eastern Europe, has the least skilled personnel and is in dire need of new investments and new jobs, said Dan Bucsa, an more

05.12.2014

Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, had a net profit of RON72.1 million (EUR16 more

05.05.2014

Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, aims to increase the volume of loans granted to more

04.29.2014

Romania is faring better than he would have thought, one can feel a positive balance that is hard to find in many other parts of Europe, it’s clear the worst has been left behind and this is a good more

04.16.2014

Romania’s weak revenue collections in the first months of the year will likely limit the scope for a reduction of the social security contributions, even though the fiscal measure would increase more

04.14.2014

Leu and euro-denominated loan costs have become comparable, but the Romanian central bank needs to carefully monitor the volatility of interbank market interest rates so that foreign currency risks more