UniCredit Group is one of the largest banking and financial services organisations in Europe with a network of 10 000 branches and strong local roots in 22 countries. UniCredit's core markets are Italy, Austria and Southern Germany, and it also has substantial operations in Central & Eastern Europe (CEE).
In the CEE region, UniCredit operates the largest international banking network with over 4,000 branches and outlets. The Group operates in the following CEE countries: Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Kazakhstan, Kyrgyzstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine.
12.05.2010 The Board of Directors of UniCredit approved the consolidated results for first quarter 2010 which show the Group's portion of net profit at €520 million, increasing both QoQ (+40.1%) and YoY (+16.5%). More
17.07.2009 From the merger between the UniCredit ITC operations Italian, German and Austrian, the new Global ICT Company of the Group was born, a new global ITC company has been created, which is among the top 12 of the European ICT sector. More
Business and Financial News
Best Banks in Central and Eastern Europe for 2009 - 14.05.2010 The following are the «Best Banks in Central and Eastern Europe for 2009» according to rankings published by Global Finance magazine: Source: Global Finance
Big banks slashed small business credit lines - 13.05.2010 The biggest Wall Street banks slashed their small business loan portfolios by 9% between 2008 and 2009, more than double the rate at which they cut their overall lending, according to a government report released Thursday. Source: CNN Money
European Union agrees on €750bn bailout fund for eurozone - 10.05.2010 Crisis-hit Europe on Monday announced a monster rescue package running to 750 billion euros between euro countries and the IMF, sending the euro surging in Asian trade. Leaders hope an unprecedented international intervention, worth just shy of one trillion dollars, will represent a game-changing European financial war chest, which will also be backed by European Central Bank action to nudge debt and currency markets. Source: Financial News
Debt crisis may hurt banks outside Greece - 06.05.2010 Credit ratings agency Moody's Investor Service said the banking systems in Portugal, Italy, Spain, Ireland and Britain could all be hurt by a widening debt crisis. Source: Associated Press
Bank of Russia cuts discount rate - a historic low for Russia - 04.05.2010 The Bank of Russia slashed its discount rate by another 0.25 percent from April 30. Starting tomorrow, the rate will be 8 percent per annum - a historic low for Russia. Source: RBC
UniCredit Group is one of the largest banking and financial services organisations in Europe with a network of 10 000 branches and strong local roots in 22 countries. UniCredit's core markets are Italy, Austria and Southern Germany, and it also has substantial operations in Central & Eastern Europe (CEE).
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