UNICREDIT
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UniCredit: Romania May Draw IMF Money In 2012
Romania is likely to draw funds from its precautionary loan agreement with the International Monetary Fund in 2012 because of scarce capital inflows, while other countries in central and eas...
Head Of Unicredit’s Retail: Expansion Stops, But Number Of Machines For Non-Stop Operations Will Rise
New types of deposits with maturities of two years and of eight months, mortgage loans meant to encourage financing in lei, supplying all branches with special machines for non-stop operatio...
EBRD Accuses Austrian Central Bank Of Scaring Investors
The National Bank of Romania has abstained from criticism over the announcement of the Austrian supervisory authorities, while Erik Berglof, chief economist of the European Bank for Reconstr...
Analysts Calculate How Many Hundreds Of Billions Will Be Withdrawn By Euro Zone Banks
Risk premiums in the region have jumped again, local financial markets have contracted and a wave of catastrophic predictions about euro zone banks cutting their financing shook Central and...
UniCredit Romania Pretax Profit Down 45% YY In Jan-Sep, To EUR33M
Italian group UniCredit on Monday announced a pretax profit of EUR33 million in Romania for the first nine months, down 45% from EUR59 million in the same interval of 2010.
Pascariu, Unicredit: Romania Has No Money To Create Or Buy A Large Bank
Dan Pascariu, chairman of the Supervisory Board of UniCredit Tiriac Bank, believes the Romanian government lacks the money to create or buy a large bank that can make a difference on the mar...
UniCredit: Romanian Banking Profitability To Continue Decline
Romanian banking profitability is likely to continue its decline through 2011, due to increasingly high costs, while the small, less specialized banks could even shut their doors, the head o...
UniCredit Says Ready To Boost Capital Of Romania Unit
Italy’s UniCredit is ready to boost the capital of its Romanian subsidiary UniCredit Tiriac Bank to meet potential lending growth, but a final decision will be made together with its local a...
UniCredit Plans EUR100M Investment In Romania, Doesn’t Rule Out New Buys
Italy’s financial group UniCredit plans to invest over EUR100 million in 300 new branches in Romania over the next years, the group’s general manager Roberto Nicastro said Thursday.