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
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP
Project Complaint Mechanism (PCM)
The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (firstname.lastname@example.org) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.