Translated version of this PSD: Romanian
The EBRD has subscribed RON 110 million in the local currency senior unsecured bond issue of UniCredit Tiriac Bank SA.
The proceeds are envisaged to be used for the general funding needs of UniCredit Tiriac Bank, which will include granting loans to customers.
The transition impact potential derives from supporting the first local currency bond issue of a Romanian commercial bank since the onset of the crisis, which is envisaged to contribute to the development of the local capital market in Romania.
UniCredit Tiriac Bank is the sixth largest bank in the Romanian banking system with a market share of 6.5% by total assets as of March 2013.
RON 110 million.
RON 550 million.
Categorised FI. Compliance with the EBRD's Performance Requirements 2 and 9 and the EBRD’s Environmental and Social Procedures for Corporate Lending, including the EBRD's Environmental and Social Exclusion Lists and annual reporting.
UniCredit Tiriac Bank S.A.
Bd. Expozitiei 1 F, Sector 1, Bucharest, Romania
Contact: Mr. Gabriel Tinta
Head of ALM
Phone: +40 21 200 10 70
Fax: +40 21 200 19 12
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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