UniCredit Rom
Sector: Raw Materials • Location: Romania
Source: International Finance Corporation (IFC)
The proposed project consists of an IFC senior debt investment of up to US$75 million mainly in a bond to be issued by UniCredit Tiriac Bank S.A. (“UCTB”, or the “Bank”), which would be a new client for IFC in Romania. IFC may also provide a loan to finance local SMEs at a later stage._x000B_UCT is the fifth largest bank in Romania with total assets of EUR5.7 billion, equity of EUR609 million, an
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project consists of an IFC senior debt investment of up to US$75 million mainly in a bond to be issued by UniCredit Tiriac Bank S.A. (“UCTB”, or the “Bank”), which would be a new client for IFC in Romania. IFC may also provide a loan to finance local SMEs at a later stage._x000B_UCT is the fifth largest bank in Romania with total assets of EUR5.7 billion, equity of EUR609 million, and net income of EUR40 million as of the end of December 2012. UCT offers a wide range of banking services with a nationwide presence and has a history of over 20 years on the local market. The bank resulted after subsequent mergers in 2006-2007 of 3 mid size banks in Romania: Banca Tiriac, HVB and UniCredit Romania. With 6.9% market share, a national network of around 200 branches, for approximately 600,000 clients, UCT remained profitable throughout the financial crisis. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |