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

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