UniCredit Tiriac Bank and Unicredit Consumer Financing took over Retail and Royal Preferred Banking business of Royal Bank of Scotland (RBS) Romania. The transaction, represents approximately 315 million euro in assets and 230 million euro in liabilities*. It is expected to be completed in the second half of this year after the the approval of the National Bank of Romania and the Competition Council.

“With this transaction UniCredit reiterates its commitment to the Romanian market. Retail banking represents a core business for UniCredit Tiriac bank and the acquisition of a part of the business of Royal Bank of Scotland Romania perfectly fits our development strategy in the medium and long-term, while at the same time maintaining our position as a leading European bank in the Romanian market”, declared Răsvan Radu, CEO UniCredit Ţiriac Bank.

UniCredit Ţiriac Bank and RBS Romania are committed to ensuring a smooth transition of customer accounts and all customers will be kept fully informed of the transfer process and its timing. There will be no change to the contractual terms and conditions of the respective products and services offered.

At the same time at the end of March the transaction for sale of 99.75% of the shares of ATFBank Kazakhstan from Bank Austria to KazNitrogenGaz was finalized. This transaction is in compliance with UniCredit Strategic Plan 2012 – 2015, declared in 2011.

As it was pointed out in UniCredit Strategic Plan, Bulgaria is among the key markets of the Group for Central and Eastern Europe thanks to the presence of the strongest bank in the country and the market leaders UniCredit Leasing, UniCredit Consumer Financing, UniCredit Factoring, Pioneer Investments.

More information for clients:

UniCredit Bulbank, Call Centre

Phone: 0700 1 84 84

More information for media:

UniCredit Bulbank, Identity & Communications Department

Viktoria Blajeva, Phone: + 359 2 9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch

Ekaterina Ancheva, Phone: + 359 2 9264 963, flbufsjob/bodifwbAvojdsfejuhspvq/ch

Magdalena Ivanova, Phone: + 359 2 9232 528, nbhebmfob/jwbopwbAvojdsfejuhspvq/ch