Commercial Banks
Company Overview of UniCredit Tiriac Bank S.A.
Company Overview
Strada Ghetarilor nr 23-25
Sector 1
Bucharest, 014106
Romania
2,983 Employees
Key Executives for UniCredit Tiriac Bank S.A.
UniCredit Tiriac Bank S.A. Key Developments
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. 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. 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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To contact UniCredit Tiriac Bank S.A., please visit www.unicredit-tiriac.ro. Company data is provided by Capital IQ. Please use this form to report any data issues.
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