UniCredit Tiriac Bank S.A.

    Address  012101, Romania, Bucharest, Bdul. Expozitiei nr.1F, sector 1
Member of Group  UniCredit (Italy)
Bank Identifiers 
    MFI ID  RORBPJR40011
Credit Ratings (as of Dec 2014) 
    Fitch  BBB (good credit quality)
    Moody's  - (not rated)
    S&P's  - (not rated)
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

UniCredit Tiriac Bank S.A. located at Romania, Bucharest is a member of a banking group UniCredit (Italy). It is one of 41 credit institutions operating in Romania.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.


BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

Bank BIC Code  BACX
Country Code  RO (Romania)
Location Code  BU
Branch Code  -

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).


MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.


The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Credit Ratings

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Of the 'Big Three' rating agencies, UniCredit Tiriac Bank S.A. is rated by Fitch.

Credit ratings assigned to UniCredit Tiriac Bank S.A. as of December 2014 are shown in details in the following sections.


Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for UniCredit Tiriac Bank S.A. it is set to BBB (good credit quality), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for UniCredit Tiriac Bank S.A. is set to F3 (fair short-term credit quality).

Long-Term Issuer Default Rating  BBB
    Outlook  negative
    On Watch  No
Short-Term Issuer Default Rating  F3
Viability Rating  bb-
Support Rating  2
Support Rating Floor  -

Viability rating for UniCredit Tiriac Bank S.A. is set to bb- (speculative fundamental credit quality); support rating is 2 (high probability of external support); support rating floor is not set.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Romania are obliged to participate in Romanian deposit guarantee scheme.

In the case of UniCredit Tiriac Bank S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  any credit balance, including due interest
Maximum Protected Amount  100 000 EUR
Paid In Currency  RON

Further Information: Deposit Guarantee Scheme in Romania

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  No
Exempt from MRR by ECB  No

Related Information on Romania

Economy and Banking Sector of Romania

List of Banks in Romania

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