UniCredit Tiriac Bank - Bond Issue



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

11 Jun 2013



PSD disclosed:

03 Jul 2013

Translated version of this PSD: Romanian

Project Description

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.

Transition Impact

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.

The Client

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.

EBRD Finance

RON 110 million.

Project Cost

RON 550 million.

Environmental Impact

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.

Technical Cooperation


Company Contact

UniCredit Tiriac Bank S.A.
Bd. Expozitiei 1 F, Sector 1, Bucharest, Romania
E-mail: office@unicredit.ro

Contact: Mr. Gabriel Tinta
Head of ALM
Phone: +40 21 200 10 70
Fax: +40 21 200 19 12
Email: gabriel.tinta@unicredit.ro


Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

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Text of the PIP

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