UNICREDIT
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UniCredit: Won't Sacrifice Romanian Unit's Profit To Attract Deposits At Any Cost
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...
UniCredit: Romania Needs More Reforms To Fuel GDP Growth
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...
Unicredit: Romania’s New IMF Deal Should Include Budget Allocations For EU Funds
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 ente...
UniCredit: Companies Ask For Euros, We Give Them Euros
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...
UniCredit Closed 37 Branches And Cut 130 Jobs In H1
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...
UniCredit Tiriac Bank Names New Chief Economist
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.
UniCredit Cuts Romania GDP Growth Forecast To 0.5% In 2012
Italy’s UniCredit Tuesday revised down its forecast on Romanian economic growth to 0.5% in 2012 from 1.2% previously, saying it expects foreign demand to weaken further due to the worsening...
UniCredit CAIB Securities To Close, Parent Bank Takes Over Brokerage Business
UniCredit Tiriac Bank might soon announce the closing of the brokerage firm UniCredit CAIB Securities, which it fully owns, and integration of the brokerage operations into a department of t...
UniCredit: Greek Euro Exit Unlikely To Hit Romania Too Hard
A potential exit of Greece from the eurozone is unlikely to have a significant impact on the Romanian economy, a senior official of Italy’s banking group UniCredit said Friday.