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UniCredit Bank boosts Romanian market presence after merging with Alpha Bank Romania.
UniCredit Bank, after merging with Alpha Bank Romania, has become a participant in the Bucharest Stock Exchange, enhancing its market presence and offering improved financial services to its clients.
The merger increased UniCredit’s market share to 11% in assets and 13% in loans, making it third in the Romanian banking sector.
The bank now offers access to the capital market for institutional investors interested in Romania.
Additionally, Patria Bank reported a 24% year-over-year increase in performing loans to legal entities, reaching RON2.13 billion.
The Romanian three-month ROBOR index, used for variable interest rates on lei loans, remains at 6.60%.
UniCredit Bank aumenta su presencia en el mercado rumano tras la fusión con Alpha Bank Romania.