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). Total assets: €911 billion (as of March 31, 2011). Net profit: €1.323 billion (for 2010).
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.
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UniCredit Group :: Press Releases
10.11.2010 Consolidated results for the first 9 months of 2010: net profit of 1,165 million euros (-12.5% yoy), profit before tax rises to 2,713 million euros (+1.2% yoy), excluding goodwill impairment in the second quarter of 162 million euros. More
23.09.2010 The Board of Directors of UniCredit and Alessandro Profumo have, upon the guidance expressed by the Board, agreed that, after 15 years, the time is right for a change of leadership. More
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
Financial News
Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012 U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. Source: Reuters
Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011 Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday. Source: Reuters
Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011 Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy. Source: BBC News
Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011 Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market (now < 1% population is banking Islamic Banks), lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry. Source: Fleming Gulf
JBIC inks $43bn credit line pact with Japan banks - 05.10.2011 The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas. Source: Nikkei
U.S. banks begin charging monthly debit-card fees - 01.10.2011 Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Source: CNNMoney
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). Total assets: €911 billion (as of March 31, 2011). Net profit: €1.323 billion (for 2010).
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