May 24, 2013 1:36 PM ET

Commercial Banks

Company Overview of UniCredit Tiriac Bank S.A.

Company Overview

UniCredit Tiriac Bank S.A. provides retail and commercial banking services to individuals, small and medium-sized enterprises (SMEs), corporations, and freelancers in Romania. It offers current accounts and savings products; and loans, including housing, construction, car, study, consumer, overdraft, and refinancing loans, as well as various loans to SMEs. The company also provides various services comprising 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, it offers short term loans consisting of credit card...

Detailed Description

Strada Ghetarilor nr 23-25

Sector 1

Bucharest,  014106

Romania

2,983 Employees

Phone:

40 21 200 2000

Fax:

40 21 200 2022

www.unicredit-tiriac.ro

Key Executives for UniCredit Tiriac Bank S.A.

Chairman of Management Board
Chief Financial Officer
Executive Vice President
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 2012.

UniCredit Tiriac Bank S.A. Key Developments

UniCredit Tiriac Bank S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended 2012

UniCredit Tiriac Bank S.A. reported earnings results for the third quarter and nine months ended 2012. For the quarter, the company reported net profit is RON 71.8 million, close to the performance obtained in the whole first half of the year. For the nine months, the company reported RON 146.8 million (EUR 33.1 million) net profit, up 18.4% compared to nine months of 2011. Total revenues were RON 906 million (EUR 204 million), down 1.3% year-on-year, mainly due to lower net interest margins driven by drop in benchmark rates, high price of deposit, higher deposit volumes and higher cost of funding. Return-on-equity improved versus first half of 2012 (6%) and versus last year (6.9%) reaching 7.6%.

Emanuele Butta from UniCredit Tiriac Bank S.A. to Join UniCredit Bank as Head of Retail Business

Emanuele Butta from UniCredit Tiriac Bank S.A. is to join the management board of UniCredit Bank as head of the UniCredit Bank's retail business. He replaces Eduard Issopov, who has been appointed deputy chairman of the management board responsible for retail at OAO Rosselkhozbank.

UniCredit Tiriac Bank S.A. Presents at Financing Growth in Romania, Mar-27-2012 10:15 AM

UniCredit Tiriac Bank S.A. Presents at Financing Growth in Romania, Mar-27-2012 10:15 AM. Venue: Radisson Blu Hotel, Bucharest, Romania. Speakers: Rasvan Radu, Chairman of Management Board and Chief Executive Officer.

Similar Private Companies By Industry

Company Name Region
UniCredit Tiriac Bank S.A. Europe
RBS Bank (Romania) S.A. Europe
Raiffeisen Banca Pentru Locuinte S.A. Europe
S.C. Bancpost S.A. Europe
Romanian International Bank S.A. Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 30, 2013
RBS Bank (Romania) S.A., Retail and Royal Preferred Banking Business
 

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