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Societe Generale could take over the Italian bank UniCredit

Societe Generale, the second biggest bank in France, could make an offer to take over the Italian bank UniCredit, Hotnews.ro informs.

The reason is that the French financial institution has a solid position on the market. Laura Schalk, spokeswoman of Societe Generale, refused to comment the article. Actually, Societe Generale and UniCredit have carried also in 2007 negotiations for a partnership.

Unicredit Tiriac received BNR's assent for the crediting norms

UniCredit Tiriac Bank received the assent for the new internal norms governing the credits granted to the population, has recently declared for Mediafax the Executive President of the bank, Rasvan Radu. "The fact that we received the assent of the National Bank so quickly is due to our norms largely aligned to the conditions required by the regulator. The bank is prudent in approaching the risk, its objective being not the market quota, but the bank profitability and solidity. We remain near our clients with crediting products adapted to their demands," Rasvan Radu said. He added that in the last four months, the growth of the volume of credits granted to natural persons by UniCredit Tiriac was above the dynamics of the market, and with the new norms the bank will manage to remain at the current rate.

 

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Tags: unicredit generale societe

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