UniCredit Bank
Native name
Юникредит банк
IndustryFinancial services
Founded1989 (1989)
Headquarters9, Prechistenskaya emb., Moscow, 119034, Russian Federation,
Moscow
,
Russia
Key people
Kirill Zhukov-Emelyanov
Revenue116,225,600,000 Russian ruble (2017) Edit this on Wikidata
Number of employees
4900
ParentBank Austria
RatingBB+ (S&P), BBB− (Fitch) (2017)[1]
Websitewww.unicreditbank.ru

AO UniCredit Bank is a Russian bank headquartered in Moscow. It was a wholly owned subsidiary of Italy-based UniCredit Group.

History

ZAO International Moscow Bank (IMB) was founded on 19 October 1989. In 2005, Bank Austria along with its parent company HypoVereinsbank was acquired by UniCredit Group. (Bank Austria remained as the direct parent company of the Russian bank until September 2016[2])

In 2007, IMB was renamed as ZAO UniCredit Bank.[3]

In May 2013, the bank merged its own ATM network with the Raiffeisenbank ATM network.[4]

In 2014, the bank was registered as AO UniCredit Bank.[5]

In March 2019, UniCredit Bank topped the list of the most reliable banks in Russia according to Forbes experts, ahead of 99 other banks, including Raiffeisenbank.[6]

The Owners

Until October 2016, 100% of the bank's voting shares belonged to UniCredit Bank Austria AG (Vienna, Austria), which is part of the Italian group UniCredit.[7]

Activity

AO UniCredit Bank has a general banking license No. 1. The bank specializes in servicing corporate and private clients, corporate finance and treasury operations. The main focus is on lending to small and medium-sized enterprises; the retail services sector is developing less actively. As of the spring of 2011, the bank had 106 branches in Russia and a representative office in Belarus, over 985 thousand individual clients and more than 22.6 thousand corporate clients.[8]

Performance indicators

In 2010, the bank's share in the Russian lending market was 2.18%, in the deposit market – 1.36%.[9] The number of personnel in the spring of 2011 is 3.7 thousand people.[8] Financial indicators of the bank as of December 31, 2011, following the results of 2011 in accordance with International Financial Reporting Standards (IFRS).[10]

References

  1. ↑ "Рейтинг банков - 2017 (таблица)". Forbes.ru. 23 March 2017. Retrieved 1 May 2017.
  2. ↑ "Transfer of CEE Division from Bank Austria to UniCredit SpA". UniCredit. 30 September 2016. Retrieved 16 December 2016.
  3. ↑ "History". UniCredit Bank (Russia). 2016 [circa]. Retrieved 21 December 2016.
  4. ↑ "Райффайзенбанк и ЮниКредит Банк объединяют банкоматные сети". // raiffeisen.ru. Retrieved 2013-05-14.
  5. ↑ "New official name and legal form of AO UniCredit Bank". UniCredit. 29 December 2014. Retrieved 21 December 2016.
  6. ↑ "Forbes назвал самые надёжные российские банки" (in Russian). Life.ru. 2019-03-20. Retrieved 2019-03-20.
  7. ↑ "О Банке - ЗАО ЮниКредит Банк". // unicreditbank.ru. Archived from the original on 2014-01-16. Retrieved 2014-01-15.
  8. 1 2 "О Банке - ЮниКредит Банк". // unicreditbank.ru. Archived from the original on 2011-04-17. Retrieved 2011-04-26.
  9. ↑ Алексей Рожков. "«Госбанки не загубили конкуренцию», — Михаил Алексеев, председатель правления «Юникредит банка»". // Ведомости, 26.04.2011, № 74 (2840). Archived from the original on 2011-04-27. Retrieved 2011-04-26.
  10. ↑ "Консолидированная финансовая отчетность по состоянию на 31 декабря 2010 года и за 2010 год по МСФО" (PDF). unicreditbank.ru. Archived from the original (PDF) on 2012-02-14. Retrieved 2011-04-26.
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