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 (SMEs), and corporations. The company offers current accounts and savings products; and loans comprising housing, construction, car, consumer, overdraft, and refinancing loans, as well as various loans to SMEs. It also provides various 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 addition, the company offers short term loans consisting of credit card and overdraft loans; an...
Bd. Expozitiei No.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
Executive Vice President of Corporate Investment & Private Banking Banking and Member of Management Board
Compensation as of Fiscal Year 2013.
UniCredit Tiriac Bank S.A. Key Developments
UniCredit Tiriac Bank Reports Consolidated and Parent Earnings Results for the First Nine Months of the 2013
Nov 12 13
UniCredit Tiriac Bank reported consolidated and parent earnings results for the first nine months of the 2013. For the period, on consolidated basis the company reported net profit after minority interest of RON 206.1 million. Operating profit was RON 580.9 million, as operating revenues stood at RON 1.1 billion. Return on equity (ROE) and return on assets (ROA) were 9.2% and1.0% respectively.
For the period, on parent basis, the company posted a net profit of RON 213.6 million, 47.6% up on the year. The bank's operating profit jumped 23.4% on the year to RON 536.7 million in the period under review. The bank's operating revenue advanced 13.6% on the year to RON 1.03 billion through September.
UniCredit Tiriac Bank Announces Non-Consolidated Earnings Results for the First Half Ended June 2013
Aug 6 13
UniCredit Tiriac Bank S.A. announced non-consolidated earnings results for the first half ended June 2013. The company reported net profit increased 177% on the year to RON 202.9 million in the first half of 2013. The bank's total revenue grew 17.3% on the year to RON 693.5 million through June, positively influenced by higher commission income. Operating profit climbed by a yearly 34% to RON 373 million in the first half.
European Bank for Reconstruction and Development Provides EUR 10 Million New Financing to UniCredit Tiriac Bank S.A
Jul 22 13
The European Bank for Reconstruction and Development is providing EUR 10 million in new financing to UniCredit Tiriac Bank S.A. for on-lending to small and medium-sized enterprises (SMEs) investing in industrial energy efficiency and small-scale renewable energy projects. The loan is extended under the EBRD's Romania SME Sustainable Energy Financing Facility. The EUR 10 million loan comes under the Joint IFI Action Plan for Growth in Central and South Eastern Europe launched in November 2012 by the EBRD, the European Investment Bank Group (EIB Group) and the World Bank Group.
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