UniCredit Bank Russia

Last updated
UniCredit Bank
Native name
Юникредит банк
Industry Financial services
Founded1989 (1989)
Headquarters,
Key people
Kirill Zhukov-Emelyanov
Revenue116,225,600,000 Russian ruble (2017)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
4900
Parent Bank Austria
RatingBB+ (S&P), BBB- (Fitch) (2017) [1]
Website www.unicreditbank.ru

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

Contents

History

ZAO International Moscow Bank (IMB) was founded on 19 October 1989. In 2001 IMB was merged with a Russia-based subsidiary of Bank Austria. The bank's shareholders were VEB.RF (20%), Promstroybank of the USSR (10%), Sberbank of the USSR (10%), as well as five international banks - Bayerische Vereinsbank AG, Creditanstalt-Bankverein, Banka Commerciale Italiana, Crédit Lyonnais and Kansalis-Osaki-Pankk), each of which owned 12%. IMB was the first among Russian non-state banks to start operations on international financial markets.

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]

Bank names [7]

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. [8]

In October 2016, as part of the reorganization of the activities of the Unicredit group in Central and Eastern Europe (CEE), the sole shareholder of the Bank was changed to UniCredit S.p.A. Following the completion of the reorganization, UniCredit Bank Austria AG ceased to act as a sub-holding company in charge of the activities of the Unicredit group in CEE and continued its activities in the group as an Austrian commercial bank.

The Leadership

The chairman of the Board - K.O. Zhukov-Emelyanov

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. [9]

Performance indicators

In 2010, the bank's share in the Russian lending market was 2.18%, in the deposit market - 1.36%. [10] The number of personnel in the spring of 2011 is 3.7 thousand people. [9] The bank's financial performance as of December 31, 2011 based on the results of 2011 in accordance with international financial reporting standards (IFRS): [11]

Ratings

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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.CS1 maint: discouraged parameter (link)
  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.CS1 maint: discouraged parameter (link)
  7. "Устав АО ЮниКредит Банк" (PDF). 2017-05-08. Retrieved 2017-09-02.CS1 maint: discouraged parameter (link)
  8. "О Банке - ЗАО ЮниКредит Банк". // unicreditbank.ru. Archived from the original on 2014-01-16. Retrieved 2014-01-15.CS1 maint: discouraged parameter (link)
  9. 1 2 "О Банке - ЮниКредит Банк". // unicreditbank.ru. Archived from the original on 2011-04-17. Retrieved 2011-04-26.CS1 maint: discouraged parameter (link)
  10. 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.CS1 maint: discouraged parameter (link)
  11. "Консолидированная финансовая отчетность по состоянию на 31 декабря 2010 года и за 2010 год по МСФО". // unicreditbank.ru. Archived from the original (PDF) on 2012-02-14. Retrieved 2011-04-26.CS1 maint: discouraged parameter (link)
  12. "АКРА присвоило АО ЮниКредит Банк кредитный рейтинг ААА(RU), прогноз «Стабильный»". АКРА . Retrieved 2017-07-24.CS1 maint: discouraged parameter (link)
  13. "RAEX (Эксперт РА) присвоил рейтинг ЮниКредит Банку на уровне ruААА". Эксперт РА . Retrieved 2018-06-13.CS1 maint: discouraged parameter (link)