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101 new news items in the last 24 hours
2 October 15:33

UniCredit SpA no longer accepts new corporate clients in Russia and is increasing fees for services, in the context of pressures to exit the Russian market.

Lara Maior
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International
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UniCredit SpA's subsidiary in Russia has decided to no longer accept new clients in the corporate segment and has increased fees for the services offered, according to the new plans. Starting from October 1, the monthly fee will increase significantly, and the bank continues to seek ways to exit the Russian market under pressure from the European Central Bank. Three companies from the United Arab Emirates have expressed interest in acquiring UniCredit's operations in Russia, offering a 60% discount compared to the market value. Russia represents an important market for UniCredit, generating nearly 5% of its total revenues.

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UniCredit îşi reduce operaţiunile în Rusia
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Economica
UniCredit îşi reduce operaţiunile în Rusia

ȘTIRI PE ACELEAȘI SUBIECTE

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Russia has increased taxes to support military spending, affecting small businesses, and some entrepreneurs are considering closing down or moving into the informal economy.
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The British government has expanded the list of sanctions against Russia by 40 entities, including energy companies and banks, accused of circumventing international restrictions.
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The director of Sberbank emphasizes the need to attract qualified labor from abroad to support the economic growth of Russia, affected by the war in Ukraine.
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Maria Zakharova, the spokesperson for the Russian Ministry of Foreign Affairs, warns that the confiscation of Russian assets from Euroclear accounts by the EU will result in a "painful response" from Russia.
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The major state-owned oil companies in China have suspended purchases of Russian oil due to the sanctions imposed by the US on Rosneft and Lukoil.
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