UNICREDIT
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Azomures Gets EUR75M Funding From BCR And UniCredit
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...
Ion Tiriac To Sell His 45% Stake In UniCredit Tiriac Bank To Mother Group
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 famili...
UniCredit Tiriac CEO: Demand For Mortgage NPLs Is Very Low
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 sa...
UniCredit: Romania In Dire Need Of New Investments, Jobs
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 Bu...
UniCredit: Weak Revenue Collections Hinder Social Security Tax Cut
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 incr...
Four Romanian Lenders To Set Up Banking Employer’s Association
Romanian lenders Banca Comerciala Romana (BCR), BRD-Groupe SocieteGenerale, Raiffeisen Bank and UniCredit Tiriac Bank on Friday announced plans to set up the first banking employers’ associa...
A&D Pharma Gets EUR190M Syndicated Loan From UniCredit, BCR And BRD
Sensiblu, part of pharmaceutical group A&D Pharma, has attracted a factoring facility from lenders BCR and UniCredit Tiriac Bank for the lei equivalent of EUR100 million.
UniCredit Tiriac Bank Lent RON320M To SMEs In January-August
Romanian lender UniCredit Tiriac Bank granted loans of RON320 million in January-August to small and medium-sized businesses with turnovers of below EUR3 million, up 9% on the year, said the...
RBS Romania Completes Migration Of Retail Clients To UniCredit Tiriac Bank
Financial group UniCredit Tuesday announced it completed the transfer of the retail and Royal Preferred banking business of RBS Romania to its UniCredit Tiriac Bank and UniCredit Consumer Fi...