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UNICREDIT BANK

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UniCredit Group Posts EUR62M Profit in Romania in 1H, Down 18%
Banks-Insurance

UniCredit Group Posts EUR62M Profit in Romania in 1H, Down 18%

Italy's UniCredit Group, which owns the fifth largest bank in Romania by assets, reported a consolidated net profit of EUR62 million in Romania for the first half of 202, down 18% compared w...

Oana Gavrila · 14.08.2020 · 10:38 · 1 min
Unicredit Bank Sees Romania’s GDP Plunging 9.4% In 2020, After Record Contraction Expected In 2Q
Macroeconomics

Unicredit Bank Sees Romania’s GDP Plunging 9.4% In 2020, After Record Contraction Expected In 2Q

Unicredit Bank analysts expect a gradual revival of Romania's economy as of the third quarter of 2020 provided restrictions are gradually eased, the measures taken by the government are effi...

Ecaterina Craciun · 06.05.2020 · 18:08 · 1 min
UniCredit Bank Named Best Private Bank In Romania By Global Finance
Banks-Insurance

UniCredit Bank Named Best Private Bank In Romania By Global Finance

Global Finance magazine has named UniCredit Bank the best private bank in Romania, within the fifth annual edition of World’s Best Private Banks Awards 2020.

Ecaterina Craciun · 19.11.2019 · 18:00 · 1 min
UniCredit Bank Sees Romania’s GDP Growth At 4.2% In 2019
Banks-Insurance

UniCredit Bank Sees Romania’s GDP Growth At 4.2% In 2019

Romania's gross domestic product (GDP) is expected to grow 4.2% in 2019 and 2.6% in 2020, against the backdrop of increased activity in the construction sector and of a laxer fiscal policy,...

Ecaterina Craciun · 08.11.2019 · 21:55 · 2 min
Bergamot Developments Borrows EUR20.7M From Unicredit Bank To Fund Luxuria Domenii Residence Project
Real Estate

Bergamot Developments Borrows EUR20.7M From Unicredit Bank To Fund Luxuria Domenii Residence Project

Bergamot Developments, held by real estate developer Impact Developer & Contractor, has signed a loan contract worth EUR20.7 million with Unicredit Bank in order to fund the second stage of...

Ecaterina Craciun · 16.10.2019 · 14:15 · 1 min
Unicredit Bank: Annual Inflation Rate May Have Grown To 3.9% In March 2019, From 3.8% In Feb
Macroeconomics

Unicredit Bank: Annual Inflation Rate May Have Grown To 3.9% In March 2019, From 3.8% In Feb

Romania's annual inflation rate may have grown to 3.9% in March 2019, from 3.8% in February, reaching one of the three peaks expected in 2019, considering that the next two peaks are envisag...

Ecaterina Craciun · 08.04.2019 · 15:23 · 1 min
Unicredit Bank: Romania May Have Trouble Keeping Budget Deficit Under 3% Of GDP In 2019-2020
Macroeconomics

Unicredit Bank: Romania May Have Trouble Keeping Budget Deficit Under 3% Of GDP In 2019-2020

Romania is facing a difficult end of the economic and electoral cycles and political and fiscal risks will probably increase in 2019-2020, according to Unicredit Bank analysts who also think...

Ecaterina Craciun · 28.01.2019 · 19:46 · 1 min
UniCredit Bank, Allianz-Tiriac Sign Partnership For Distribution Of Insurance Policies In Romania
Banks-Insurance

UniCredit Bank, Allianz-Tiriac Sign Partnership For Distribution Of Insurance Policies In Romania

UniCredit Bank, the fourth largest bank in Romania by assets, and Allianz-Tiriac Asigurari, the largest insurance company at the end of the first half of 2018, on Monday said they signed a p...

Ecaterina Craciun · 29.10.2018 · 15:48 · 1 min
Unicredit Bank: Romania Annual Inflation Rate Seen Moderating At 4.9% In Sept 2018
Macroeconomics

Unicredit Bank: Romania Annual Inflation Rate Seen Moderating At 4.9% In Sept 2018

Unicredit Bank analysts believe the official data for September 2018 will probably show the annual inflation rate entering a downward trend and falling to 4.9%, from 5.1% in August 2018, a t...

Ecaterina Craciun · 08.10.2018 · 17:18 · 1 min