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185 new news items in the last 24 hours
yesterday 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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Economy
Raiffeisen Bank reported a $1.05 billion profit in the first six months of 2023, despite Western sanctions.
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International
Russia's Raiffeisen Bank posted a net profit of 83.9 billion rubles in the first half of the year, up 17.8% year-on-year, despite international pressures.
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Economy
UniCredit Bank CEO Mihaela Lupu says lending appetite remains steady, but there are concerns about investment and the impact of tax changes on companies
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International
The CEO of UniCredit, Andrea Orcel, stated that the bank could sell its 26% stake in Commerzbank if it receives a favorable offer from outside the EU.
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Diaspora
The German bank Postbank will apply new fees for cash deposits and withdrawals, and customers are advised to be attentive to the announced changes.
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UniCredit Russia ECB united arab emirates

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3 hours before

Vladimir Putin: "In some countries, there is an attempt to ban political opponents who have already gained significant legitimacy. But democratic electoral procedures cannot be endlessly transformed into a farce, the will of the people cannot be manipulated, as has happened, let’s say, in Romania."

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