Company Overview of UniCredit Tiriac Bank S.A.
UniCredit Tiriac Bank S.A. provides retail and commercial banking services to individuals, small and medium-sized enterprises, and corporations in Bucharest, Romania. It operates through Corporate and Investment Banking, Retail, and Other segments. The company offers current accounts and savings products; and loans comprising housing, construction, overdraft, and refinancing loans, as well as various other loans. The company also provides a range of services, such as direct debit, safe deposit boxes, online banking, telephone, consultancy and analyze, and info SMS services; reconciliation products; debit and credit cards; investment funds; payment services; and bancassurance products. In add...
Bd. Expozitiei Nr.1F
Key Executives for UniCredit Tiriac Bank S.A.
Chairman of Management Board
Executive Vice President of Global Banking Services and Member of Management Board
First Executive Vice President and Member of Management Board
Compensation as of Fiscal Year 2014.
UniCredit Tiriac Bank S.A. Key Developments
UniCredit Tiriac Bank Announces Consolidated Earnings Results for the First Half of 2014
Aug 6 14
UniCredit Tiriac Bank announced consolidated earnings results for the first half of 2014. For the period, net profit after minority interests of RON 106.7 million. Operating profit reached RON 379.7 million, as operating revenues stood at RON 754.5 million. Return on equity was 7.2% in the first half of the year, while return on assets was 0.7%.
Ion Tiriac Reportedly Plans To Divest Stake In UniCredit Tiriac Bank
Jun 19 14
Ion Tiriac plans to divest his 45.059% stake in UniCredit Tiriac Bank S.A. to UniCredit S.p.A. (BIT:UCG), Ziarul Financiar reported. Tiriac owns 45.059% through Redrum International Investments B.V. and Vesanio Trading Limited, the report stated.
UniCredit Tiriac Bank Announces Consolidated Earnings Results for the First Quarter of 2014
May 12 14
UniCredit Tiriac Bank announced consolidated earnings results for the first quarter of 2014. For the quarter, the company posted net profit after minority interest of RON 72.1 million in the first quarter of 2014, up 18% on the year. The consolidated net profit comprises the results of the parent company, UniCredit Tiriac Bank, and UniCredit Consumer Financing, which the bank acquired in January last year. Consolidated operating profit fell 2.5% on the year to RON 197 million in the three months, as operating revenues stood at RON 375 million and operating costs totalled RON 178 million. Return on equity stood at 10% and return on assets was 1.1% in the period under review.
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