Press Centre

06.09.2021 - New accounts from UniCredit Bank offer exactly what you are looking for

UniCredit Bank is coming up with big news in its current account offer, introducing three entirely new current accounts START, OPEN and TOP. All accounts are simple, transparent and designed to meet the clientsindividual needs. They will replace the bank's previous offer and, besides the basic parameters, they will also offer benefits in the form of travel insurance or cashback, as well as popular free withdrawals from ATMs at home and abroad. In addition, clients get not only banking services, but also a sense of freedom, security and a welcome gift with their chosen account. Accounts can be opened at the branch or online via Internet Banking or mobile Smart Banking.

Having recently introduced its new digital OPEN concept, UniCredit Bank has come up with three brand new accounts that will offer clients exactly what they are looking for.  The START account is intended for everyone who is looking for a simple current account for basic banking operations. It is completely free of charge and with no conditions. Compared to the current offer, the OPEN and TOP accounts are upgraded to include special benefits in the form of cashback, travel insurance or insurance of cards, personal belongings and shopping on the Internet. The introduction of the new packages was preceded by interviews with potential clients and extensive market research aimed at finding the best possible offer for all customers.

We are constantly improving and expanding our range of products and services to meet the changing needs of our clients. The new offer of accounts meets the expectations of our clients, i.e., simplicity, transparency and emphasis on individual client needs,” points out Tomáš Drábek, Head of Retail and Private Banking, Bank Czech Republic and Slovakia.

 


Contact details:                 

Petr Plocek, Presspokesman UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

19.08.2021 - UniCredit Bank introduces a unique chatbot with artificial intelligence

Since July, UniCredit Bank has been gradually deploying artificial intelligence - UniCredit chatbot - in its recruitment process in the Czech Republic and Slovakia. It's a smart recruitment chatbot that interviews candidates for the first round and provides valuable data not only to the company but also to the candidates. UniCredit Bot can do more than any other chatbot on the Czech and Slovak market. It not only talks to candidates, but also analyses their data, tests them, and sorts them according to their suitability for the position.

 

“Digitisation is primarily to save people's work where technology can do it, “Hana Čitbajová, Head of People and Culture (Human Resources) presents the strategy behind the unique smart recruitment chatbot project. “We want to do more of the work that machines will never replace us for. Thanks to the chatbot, we get more space to engage in consultancy, advice and direct contact with employees. This is where I see the future of care and human development. “

UniCredit Bot knows how to know how a person fits into our bank. This profile fit, i.e. the ability to succeed in a position based on core competencies, commitment and mindset, helps recruiters from operational blindness. By identifying mainly, the approach to the job, even candidates who would not otherwise have a chance are given the opportunity. There are some skills that you can't get into a position without, but at UniCredit we can teach candidates quite a lot of skills in practice. The chatbot makes recruitment faster, more flexible and more open to different candidate talents.

“We see strategic work with data as the future and want to be market leaders in it. The chatbot project that we have launched is so unique that we plan to use it not only for recruitment, but also for the development of existing employees.  Chatbot is also an important part of UniCredit Bank's overall digital strategy “, says Jakub Dusílek, CEO of UniCredit Bank.

“We are gradually digitising our main retail products; we are constantly innovating our mobile and internet banking as well as we launched a new application for private clients. Chatbot demonstrates that we can fully leverage artificial intelligence and data analytics to attract quality colleagues who will strengthen our team, not only in the area of digitisation, “describes General Manager, Marco Iannaccone.

The intelligent chatbot doesn't just ask common HR questions. Candidates will have their personality profile created and emailed to them, even if they do not meet the requirements for the position. UniCredit wants to reward the candidates' time and interest, and at the same time motivate them for further growth. The profile also includes tips on how to continue to improve, for example when sharing information with the team or your own motivation. But it is important to add that there is certainly not universally good or bad profile. It always depends on the needs of the position or team.

 

Data future

Recruitment chatbots that collect basic candidate information already exist on the market, but none of them can work with the collected data like UniCredit Bot. Ordinary chatbots can only interview candidates according to a pre-prepared script that asks mainly about professional experience. UniCredit Bot goes much further, measuring how candidates fits a position, their approach to work, but also logical thinking. The data is then analysed in detail and the UniCredit Bank recruitment team uses the personality profile, which is part of the output from the chatbot, to find out not only what the candidate can do, but more importantly, how they will fit into the team, how satisfied they will be with the position and what their performance will be. The chatbot can measure whether a candidate is better suited to be an analyst or a salesperson, how motivated they are for their own growth and whether they have managerial potential. Moreover, its predictions will only get better: the more candidates it recruits, the smarter it gets.

 


Contact details:                 

Petr Plocek, Presspokesman UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

20.06.2021 - UniCredit wins big across Europe in Euromoney’s Awards for Excellence 2021

Leading European business and finance magazine names UniCredit the Best Bank for Transaction Services in Western Europe and the Best Bank for Advisory in Central and Eastern Europe.

 

UniCredit has been named Western Europe’s Best Bank for Transaction Services and Central and Eastern Europe’s Best Bank for Advisory at the Euromoney Awards for Excellence 2021. The wins come as part of a clutch of awards that also includes Best Bank in Bosnia and Herzegovina in the same set of awards and separate recognition for several categories of Best in Service in Central and Eastern Europe, Middle East and Africa (CEEMEA) in the Euromoney FX Survey 2021.

Established 19 years ago as the first awards of their kind, the Euromoney Awards for Excellence recognise corporate and investment banks that are role models in how they deliver market-leading products and services to meet client needs.

We are delighted to receive these awards, which are further recognition of both our continued hard work and strength of approach” says Andrea Orcel, CEO of UniCredit. “As ever, we continue to put clients at the very heart of what we do. My thanks go out to those clients for their trust and loyalty, as well as to our committed teams who have helped them with a range of different tools – from transaction banking services to tighten up everyday operations through to trusted advisory on capital raising and financing needs.

With the accolade for Best Bank for Advisory in Central and Eastern Europe, UniCredit further cemented its leadership in the region, with Euromoney saying “UniCredit once again leveraged its regional network, sectoral approach and careful market positioning to notch the largest number of announced deals in the 12 months to March 31, 2021.UniCredit’s expertise in a range of sectors was amply demonstrated,” highlighting deals across financial institutions, infrastructure, renewable energy and technology.

The Western Europe’s Bank for Transaction Banking award comes as part of a growing recognition of UniCredit’s services in the field, with Euromoney noting that “the bank has emerged as a leading provider of vital cash management products, such as virtual accounts" while also praising other cutting-edge services such as IBAN check and high-speed international payments.

This has been reflected in the bank’s awards success. In recent years, the bank has consistently picked up some of the most prestigious prizes available, including The Banker’s Best Transaction Bank in Western Europe in 2019, The Banker’s Best Bank for Supply Chain Finance in 2020, and Euromoney’s Best Bank for Transaction Services in CEE in 2020.

 


Contact details:                 

Petr Plocek, Presspokesman UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

15.06.2021 - UniCredit picks up eight country awards on the way to winning Global Finance’s Best Sub-Custodian Bank in Central Eastern Europe for the 12th year in a row

UniCredit is pleased to announce that it has been recognised as the Best Sub-Custodian Bank in Central and Eastern Europe for 2021 by Global Finance – continuing a winning streak that now runs into its twelfth consecutive year. Alongside these top regional honours, the bank also picked up the top prize in eight individual country awards, scooping the title of Best Sub-Custodian Bank in Austria, Bulgaria, Bosnia & Herzegovina, Czech Republic, Croatia, Hungary, Serbia and Slovenia.

 

The awards for each region and country are determined by Global Finance's editorial board, factoring in market research, input from expert sources and users of sub-custodian services, as well as entries from banks, in order to select the institutions that reliably provide the best services in local markets.

 

The criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices, with UniCredit’s expertise in the securities services’ market regulation setting the bank apart from other providers.

 

Julia B. Romhanyi, Global Head of Securities Services, added: "At UniCredit, we take great pride in our sub-custodian services so we are delighted to have confirmed our position as the best sub-custodian bank in Central and Eastern Europe, on top of leading in eight countries as well. These accomplishments underline the bank’s dedication, especially throughout the challenges brought about by 15 months of changes due to the pandemic, where we have nevertheless ensured a consistently high-quality service. At the core of our success has been the dedication of our excellent team and our continued focus on providing high-quality, tailor-made and digital solutions. I would like to take this opportunity to thank the team for their hard work and, of course, our clients, who give us the platform to reach these achievements."

 


Contact details:                 

Petr Plocek, Presspokesman UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

09.06.2021 - Call for Europe: UniCredit banks and Foundation support local projects to help children with 360,000 euros

In December 2020, UniCredit Foundation launched for the second year the “Call for Europe” initiative with the aim to identify and support social projects helping children in the different European countries where UniCredit operates outside of Italy. The Group’s banks provided a shortlist of relevant local projects in each country to the UniCredit Foundation by the end of February 2021 and an expert jury appointed by the Foundation selected the winning initiatives which were granted a total of 30,000 euros per country split among the winning projects.

 

48 projects were selected to receive the Foundation’s support this time across 12 UniCredit countries: Czech Republic, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. This included initiatives focused on supporting children’s education and learning, fostering inclusion, and providing dedicated facilities for their activities and health needs.

 

Maurizio Beretta, Chairman of the UniCredit Foundation, commented: “The Call for Europe initiative allows us to continue to raise awareness of children’s needs in our territories across Europe further encouraging all our local banks to actively monitor and engage with relevant solidarity projects in their communities. This is in line with our shared goal of supporting the needs of all the local communities where we operate and constantly working to generate a positive social impact in our countries.

 

The winning projects in 2021 were:

Czech Republic

  1. Foundation of Paediatric Oncology Krtek (NFDO Krtek)
  2. Charity House of Ronald McDonald
  3. Nadační fond Zelený život

Slovakia

  1. Viera-láska-nádej
  2. Kolobeh života
  3. O.z. Návrat

 

UniCredit Foundation stays committed to supporting the communities in all the markets in which UniCredit is present. Last year, in response to the coronavirus emergency, the Foundation made significant donations in the various markets of the Group to support hospitals as well as different non-profit organisations on the front lines in the fight against the virus. This included contributing a total of over 1.2 million euros alongside funds raised from UniCredit employees to support three of the Italian hospitals most involved in the battle against COVID-19, 1.2 million euros donated for coronavirus emergency initiatives in Italy and 190 000 euros donated in support of fundraising initiatives in other Group countries in Europe.

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.

 

About UniCredit Foundation
UniCredit Foundation is a corporate foundation established in 2003 in order to contribute to the development of solidarity and philanthropy in the communities and regions where it operates, primarily in the geographical areas in which UniCredit is present. Through the transfer of financial resources and management skills typical of the company, UniCredit Foundation supports projects for significant social impact and innovation, by local non-profits.


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

13.5.2021 - UniCredit Social Impact Banking advances social impact finance measurement standards with a dedicated system

The measurement & evaluation system has been developed with the think tank Human Foundation, to drive greater outcomes of social impact finance projects.

 

In line with the mission of UniCredit’s Social Impact Banking (SIB) initiative, to concretely contribute to building a fairer and more inclusive society, SIB has developed a new measurement & evaluation (M&E) system together with the think tank Human Foundation, focused on advancing social impact finance measurement standards and maximising the related direct and indirect social outcomes.
The dedicated M&E system allows UniCredit SIB to consistently monitor and evaluate its social impact finance activities across all 11 Group markets where SIB is active: Austria, Bosnia & Herzegovina, Bulgaria, Croatia, Czech Republic, Germany, Hungary, Italy, Romania, Serbia and Slovakia.
The aim is to track performance and the impact generated by comparing expected and achieved results on a continued basis through a tailored framework that also accounts for the characteristics of the different beneficiaries of specific projects. The Human Foundation think tank was chosen as a partner for the development of the M&E system thanks to their work in promoting innovative solutions to societal issues.

 

Laura Penna, Head of Group Social Impact Banking at UniCredit, commented: “At UniCredit, ESG is part of our DNA and this includes a strong social commitment in all our markets. Our Social Impact Banking programme helps us drive tangible positive social change in our communities and in order to ensure we are always growing our impact and making a real difference, we need to be able to track and measure social impact finance outcomes in a concrete and uniform way. This new measurement & evaluation system has been designed to help us do this effectively as well as make an important contribution for increased transparency and common standards in the wider social impact finance sector.

 

The purpose of social impact finance is to create tangible positive social benefits through the financing of projects and initiatives that have the potential to deliver such outcomes. The sector has significantly grown worldwide in recent years and we expect this trend to accelerate driven by the effects of the Covid-19 crisis.
This context increases the need for clear and common measurement methods to ensure the credibility of impact finance activities and avoid the risk of “impact washing” . It is also important for the beneficiaries of impact finance programmes to guarantee a level playing field, agreement on specific KPIs for each project and increase transparency in the selection process.

UniCredit’s social impact finance offer is aimed at supporting social innovation as a driver of change through loans at advantageous conditions as well as providing financial training and access to relevant partnerships and networks. A “pay for success” mechanism is integral to the offer to allow for additional economic benefits to the project / initiative based on the successful achievement of agreed social impact goals. In addition, UniCredit’s Social Impact Banking programme is also committed to inclusive finance, supporting entrepreneurs and small businesses through microcredit and to financial education to encourage greater financial knowledge and social inclusion that can empower active citizenship.

 

To find more information on the M&E system please refer to the SIB Position Paper here.

For more information on UniCredit Social Impact Banking, please see here.

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.

13.5.2021 - UniCredit gets Pan-European Guarantee Fund for up to EUR 300 million in loans for COVID-19 recovery backing to support Bulgarian, Croatian and Slovakian SMEs
  • European Investment Fund (EIF) and UniCredit sign umbrella guarantee agreement under the Pan-European Guarantee Fund to support SMEs affected by COVID-19 in Bulgaria, Croatia and Slovakia.
  • Guarantees fall under Pan-European Guarantee Fund (EGF), a EUR 25 billion guarantee fund established by the EIB Group to accelerate post-COVID recovery of European companies.
  • The uncapped guarantee provided by the European Investment Fund covers 70% of the loan exposure up to a total of EUR 300 million, has been signed with local banks in Bulgaria, Croatia and Slovakia to support working capital and investment finance under the EGF.

 

European Investment Fund and UniCredit entered into an umbrella guarantee agreement in response to the COVID-19 pandemic, offering support to companies in Bulgaria, Croatia and Slovakia under the Pan-European Guarantee Fund (EGF).The guarantee will allow UniCredit to offer working capital and investment loans to SMEs guaranteed by the EIF at a rate of 70%. The portfolio of such lending is expected to reach up to EUR 300 million.

 

Gianfranco Bisagni, CEO of Commercial Banking CEE for UniCredit said:We are offering continuous support to businesses through this initiative in order to manage the liquidity issues caused by COVID-19. This new agreement seeks to guarantee cash flow availability to companies, especially SMEs, which are the backbone of the European economy and generally lack access to capital markets. We thus allow them to finance working capital and investment programs, ensuring proper functioning of production and supply chains. At UniCredit, we work with our countries and engage in decisive and concrete measures to be part of the solution, helping companies and the local economies especially in light of the emergency we are living.

 

Roger Havenith, Deputy Chief Executive of the EIF said: The EIF operation with UniCredit is good news for SMEs in Croatia, Slovakia and Bulgaria as it unlocks urgently needed financing for COVID-19 recovery, the protection of jobs and livelihoods of European citizens. In response to the COVID-19 pandemic, the EIB Group created the European Guarantee Fund to mobilize up to EUR 200 billion in investments and accelerate the recovery of the European economy. Today, five months after its launch, the EGF is half way to meeting this ambitious goal and I would like to thank UniCredit for contributing and partnering with us in this effort to support European businesses.

 

As of March 31st 2021 UniCredit in the CEE countries had 37 established guarantee schemes from IFIs and local development banks in total capacity of about EUR 5,1 billion, out of which EUR 2,7 billion was already utilized, and EUR 2,4 billion available for lending support in the region within the next 2-3 years. Since the start of the COVID-19 pandemic UniCredit has been providing quick response to the market and doubled its risk sharing capacity, continuing to finance its clients in this unprecedented time. The main increase in the support solutions, about EUR 2 billion, was achieved thanks to the new local COVID-19 related governmental programs, that UniCredit successfully channeled through its network in CEE.

 

As for the cooperation with IFIs, UniCredit extended the support solutions with EIB Group, implementing upgrades to the existing facilities (InnovFin, COSME) and designing new ones, such as this new EGF uncapped guarantee umbrella facility.
The UniCredit banks in Bulgaria, Croatia, and Slovakia will benefit from this new guarantee scheme, the protection shield for EU businesses and one of the financial pillars of the EU economy recovery.

 

EIF
The European Investment Fund (EIF) is part of the European Investment Bank Group. Its central mission is to support Europe's micro, small and medium-sized businesses (SMEs) by helping them to access finance. EIF designs and develops venture and growth capital, guarantees and microfinance instruments which specifically target this market segment. In this role, EIF fosters EU objectives in support of innovation, research and development, entrepreneurship, growth, and employment. More information on EIF's work is available here.

 

About UniCredit
UniCredit is a simple successful Pan European Commercial Bank, with a fully plugged in Corporate & Investment Banking, delivering a unique Western, Central and Eastern European network to its extensive and growing client franchise. Client needs are met with solutions which harness synergies between business divisions: Corporate & Investment Banking, Commercial Banking and Wealth Management. The way in which these solutions are developed and provided is as important as the solutions themselves, which is why everything is based on two core values: ethics and respect.
By focusing on banking that matters, UniCredit offers local and international expertise, providing unparalleled access to market leading products and services in 13 core markets through our European banking network. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.

About the Pan-European Guarantee Fund
The Pan-European Guarantee Fund is established by EIB Group and participating EU member states in response to the COVID-19 pandemic. Its total capacity of EUR 25 billion will help businesses recover from the pandemic, hire employees and grow. By mobilizing extra finance from the private sector, EGF aims to generate up to EUR 200 billion for the EU economy.
The EGF provides guarantees to free up capital for national promotional banks, local banks and other financial intermediaries in order to make more financing available for small and medium companies, mid-caps and corporates.
The participating countries in the European Union provide guarantees proportional to their share in the EIB or other institutions. The EGF Contributors’ Committee, made up by representatives from these countries, decides on the availability of the guarantees.
The guarantees will cover losses that may occur in the EGF operations of the EIB Group - including the EIB and its specialized SME-financing arm, the European Investment Fund.


Kontakt:                

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

4.5.2021 - UniCredit Bank’s new mobile app Private Invest. An exclusive tool for managing your financial assets.

A detailed overview of your own assets and investment portfolio, market news or the opportunity to trade in securities, all available literally in a few clicks on your phone. UniCredit Bank introduces a new mobile app Private Invest for private banking clients.

 

Digitisation is one of the strategic pillars of our bank’s development, on which our success in the market is built. As part of the digitisation of our services, we now introduce a new mobile app for our private clients. This app is an exclusive tool for managing clients’ finances and asset portfolio,” said Tomáš Drábek, Member of the Board of Directors and Head of Retail & Private Banking at UniCredit Bank, adding that: “The app does not seek to replace important personal contact with the banker in private banking; instead, it aims to enable clients to have information and key services at hand literally anywhere.

 

In addition to the portfolio overview, trading opportunities and market news, clients will also find portfolio performance, an overview of the transactions made and events planned, or information on other products and services of the bank in the app.

 

The app is available to clients in Slovakia and the Czech Republic in the Google Play and App Store. It can be used on both mobile devices and tablets. Before activating the app, a demo version is available on the splash screen, which guides clients through all available features, allowing them to try the app without the need to activate it.

 


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

21.4.2021 - UniCredit supports circa 37 thousand suppliers in the last 12 months thanks to processing close to 4 billion euros of invoices faster

UniCredit supports circa 37 thousand suppliers in the last 12 months thanks to processing close to 4 billion euros of invoices faster.

 

UniCredit has supported around 37 thousand suppliers thanks to processing close to 4 billion euros of invoices significantly faster through a dedicated initiative first launched in April 2020 in response to the business impact of the Covid-19 crisis.

 

Paying suppliers faster means paying invoices “at sight” rather than by standard contractual terms thereby considerably speeding up the payment cycle and helping businesses with their working capital needs.

 

Carlo Vivaldi, Co-Chief Operating Officer of UniCredit, said: “Businesses across our markets continue to face the many challenges from the Covid-19 emergency and we are committed to supporting them and providing liquidity to the real economy. The faster invoice processing initiative allows us to offer concrete support to thousands of suppliers across our Group, helping us be part of the solution and actively contribute to business recovery from this crisis.

 

The initiative has so far allowed UniCredit to significantly speed up the payment of 300 000 invoices Group-wide compared to standard terms and will be extended until end of September 2021 to offer continued support in the current challenging market context, always in compliance with all standard local controls.

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia.
Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

26.3.2021 - UniCredit supports Earth Hour for the 14th consecutive year

Tomorrow, Saturday 27 March at 8.30pm CET, UniCredit will turn off the lights in 45 of its buildings across 14 countries for sixty minutes marking the Group's fourteenth consecutive year of taking part in Earth Hour. Organised by the World Wildlife Fund (WWF), this is a global movement uniting people to take action on environmental issues and help protect the planet.

 

Giuseppe Zammarchi, Head of Group Sustainability, said: "Our annual participation in Earth Hour is part of UniCredit’s wider efforts to support sustainability and take action against climate change. We are committed to reducing the environmental impact of our operations as well as assisting our clients in the transition to a low carbon and climate resilient economy. Sustainability is part of our DNA and core values as a bank and we continue to further integrate ESG across all areas of our operations and business. In 2020, UniCredit achieved a 60 percent reduction versus its 2008 GHG emissions with the long-term target of an 80 percent reduction by 2030."

 

A further example of the bank’s strong commitment to sustainability is the partnership with Treedom, an online platform which allows people to plant trees remotely and follow their growth online. This initiative was launched in 2020 and will create the UniCredit Forest consisting of at least 90,000 new trees, which will be planted across: Italy, Colombia, Haiti, Kenya, Madagascar and Tanzania. The UniCredit Forest will help reduce global CO2 by approximately 20,542,500kg over the next 10 years, equivalent to emissions produced by around 4,400 cars each year.

 

The main UniCredit buildings participating in Earth Hour this year are listed below:

 

Country

City

Address

Austria

Vienna

Campus, Rothschildplatz 1

Campus, Rothschildplatz 4

UniCredit Sphere at the Danube Tower

Bosnia and Herzegovina

Mostar

Kardinala Stepinca bb

Sarajevo

Zelenih beretki, 24

Bulgaria

Sofia

7, Sq. Sveta Nedelya

14, Gyueshevo Str.

8, Aksakov Str.

Ruse

5, Sveta Troitsa Sq.

Burgas

22, Alexandrovska Str.

Stara Zagora

126, Simeon Veliki Blvd.

Plovdiv

4, Ivan Vazov Str.

Croatia

Zagreb

Samoborska, 145

Resellova, 4

Prosenikova 5-7

Francesca Tenchinija 2a

Czech Republic

Prague

4, Zeletavska 1 – Filadelfie

1, Námesti Republiky 3a - Banking House

Germany

Munich

HVB Tower, Arabellastrasse, 12

HHO, Arabellastrasse, 14

KF14, Kardinal-Faulhaber-Str., 14

Hungary

Budapest

Szabadság tér 5-6

Italy

Milan

UniCredit Tower A - Piazza Gae Aulenti, 3

Via Livio Cambi, 1

Bologna

Via del Lavoro

Reggio Emilia

Via Rivoluzione di Ottobre, 16

Verona

Via dell'Agricoltura

Rome

Largo Fochetti, 16

Largo Anzani

Genova

Via Dante, 1

Palermo

Via Ruggiero Settimo, 26

Romania

Bucharest

UniCredit Tower, Expoziției Bulevardul 1F

No. 23-25th, Ghetarilor Street Bucharest

 

No. 2-4, George Constantinescu Street, Campus Globalworth, building C

 

Iasi

No. 5C Palas Street

 

Russia

Moscow

Prechistenskaya emb., 9

 

Boutikovsky lane, 9

 

Andropova avenue, 18/1

 

1-st Kazachy lane, 9/1

 

Saint Petersburg

Fontanka emb., 2/48

Serbia

Belgrade

Rajiceva street, 27-29

BBC, Jurija Gagarina, 12

Slovenia

Ljubljana

Šmartinska cesta, 140

Slovakia

Bratislava

Sancova, 1/A

United Kingdom

London

Moor House 120, London Wall

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia.
Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

11.3.2021 - UniCredit surges to number one in CEE in Euromoney’s Cash Management Financial Institutions Survey

Benchmark independent survey of financial institutions elects UniCredit as the Market Leader for cash management in Central & Eastern Europe across the All Currencies, US Dollar and Euro categories, while also ranking the bank as number one for “Best Services”.

 

UniCredit has cemented its status as the leading cash management bank in Central and Eastern Europe (CEE) by claiming top honours in Euromoney’s Cash Management Survey – Financial Institutions. In an impressive haul, the bank secured the top spot in the “Market Leader” rankings for the overall All Currencies categories, as well as the individual Euro and US Dollar rankings.

 

This builds on the previous year’s already impressive results, with the bank rising four places in the All Currency rankings and two places in the Euro rankings to reach top spot in both cases, reflecting the ability not only to maintain client support through challenging times, but also to continuously develop and improve services with innovative solutions.

 

"We are delighted to receive such a strong set of results, reflecting our comprehensive strength in CEE," says Fabio Fornaroli, UniCredit’s Head of Corporate & Investment Banking in Central & Eastern Europe. "This recognition demonstrates the resilience of our business through the difficult times of the COVID-19 pandemic, maintaining – and even raising – our service levels in the face of an unprecedented challenge. My thanks go out to our Cash Management team whose hard work and expertise drive our best-in-class GTB solutions, as well as to our trusted and valued clients for their continued support."

 

Conducted on a yearly basis, the survey takes in the opinions of cash managers, treasurers, and financial officers around the world, using their feedback to comprehensively establish the best providers in the market. Leading financial institutions were asked to indicate which banks they currently use most for their cash management services and to rate their most used cash managers across various service categories.

 

The survey results follow successive award wins for UniCredit in Central and Eastern Europe. Recent honours include Best Service Provider for Cash Management and Market Leader for Cash Management in Euromoney’s Corporate Cash Management Survey as well as Best Trade Finance Bank in CEE and Best Supply Chain Finance (SCF) Provider in CEE at Global Finance’s Trade and Supply Chain Finance Awards 2021. In 2020, the bank also picked up the award for Best Bank for Transaction Services in Central & Eastern Europe – along with five other accolades – in Euromoney's Awards for Excellence 2020.

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia.
Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

10.3.2021 - UniCredit named best distributor of structured products in Austria, Germany and Eastern Europe

Annual industry awards underline strength of platform and distribution network.

UniCredit has once again been recognised for its excellence in the distribution of structured retail products – retaining its market-leading status through a string of performance-related accolades at Structured Retail Products' 2021 Awards, including:

 

  • Best Distributor, Austria;
  • Best Distributor / Best Performance, Germany;
  • Best Distributor, Eastern Europe

 

The bank also picked up two new awards, namely:  

  • Best Performance, Czech Republic;
  • Best Distributor / Best Performance, Slovakia

 

The Structured Retail Products Awards are the only quant-driven, independent awards for the structured products industry, with the results based on sales and performance data.


Commenting on this year’s success, Guido Filippa, Head of Institutional Distribution and Private Investor Products, said: “In what has been a challenging context, these results reflect the intrinsic value of having a 'fully plugged-in' CIB across our core European markets, as well as the ability to innovate and adapt to client demand with best-in-class solutions.


UniCredit's Private Investor Products division is responsible for the distribution of Markets products – across all asset classes – to the Group's extensive client franchise. Acting as a sales organisation and product manufacturer, it provides best-in-class tailored solutions to meet a wide range of investment needs.


Filippa added: "Looking ahead, we will continue to put clients at the core of our business – leveraging on the close synergies between our distribution networks to optimise our product offering and provide greater control over portfolios.

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia.
Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

8.3.2021 -UniCredit named best global trade finance bank for customer service once again in Euromoney Trade Finance Survey

Leading status in over thirty categories reflects strength of pan-European platform.


UniCredit has been recognised as the best global trade finance bank for customer service in this year’s Euromoney Trade Finance Survey, which saw the bank consolidate its market-leading position picking up 31 awards across various categories and geographies.

 

The survey, now in its tenth year, collates feedback from over 11,000 corporates and financial institutions, providing compelling evidence of UniCredit’s product expertise, best-in-class customer service and deep understanding of its core European markets.

 

The results benchmark banks under two headings – ‘Best Service’, which assesses levels of customer service, and ‘Market Leader’, which combines penetration, percentage of business and turnover data to create an overall ranking of the best trade finance banks.

 

In the ‘Best Service’ rankings, UniCredit not only retained top global honours in the ‘All Services’ category, but also for its ‘Advisory’ and ‘Product’ capabilities, whilst picking up two new global titles for ‘Support & Advisory’ and its ‘Digital Offering’ – the latter a nod to the bank’s ongoing push to develop innovative solutions tailored to clients' evolving needs.

 

At a regional level, UniCredit was once again recognised as the best provider of ‘All Services’ in Central & Eastern Europe (CEE), as well as leading the region’s ‘Digital Offering’ and ‘Product’ categories. The depth of the bank’s geographical coverage was further underlined by number-one rankings for ‘All Services’ in Austria, Bosnia and Herzegovina, Bulgaria, Czech Republic, Croatia, Germany, Hungary, Italy, Romania, Serbia, and Slovakia.

 

Notably, UniCredit was also highly successful in the ‘Market Leader’ category, securing both the top spot in CEE, alongside a further eleven countries – namely, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Italy, Romania, Russia, Serbia and Slovakia.

 

Commenting on the recognition, Luca Corsini, UniCredit's Co-Head of Global Transaction Banking, said: “We strive to deliver the highest-quality products to our clients – with the shift to remote working prompting increased interest in our burgeoning range of digital solutions. This year’s Trade Finance Survey recognises our ongoing efforts in these areas as we continue to support and finance the real economy.

 

Giovanni Solaroli, also Co-Head of Global Transaction Banking, added: “This set of truly pan-European results are testament to our teams' collaborative spirit, expertise, and commitment to providing best-in-class services in a challenging environment.

 

The Euromoney Trade Finance Survey adds to an increasing list of successes for UniCredit’s trade finance platform. Recent honours include ‘Best Trade Finance Bank in CEE’ and ‘Best Supply Chain Finance Provider in CEE’ at Global Finance’s 2021 Trade and Supply Chain Finance Awards. In 2020, UniCredit was also recognised as the ‘Best Bank for Transaction Services in Central & Eastern Europe’ at Euromoney's Awards for Excellence.

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia.
Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

28.1.2021 - Andrea Orcel designated Chief Executive Officer of UniCredit

Today, the Board of Directors of UniCredit SpA unanimously nominated Andrea Orcel as designated Chief Executive Officer (CEO), for inclusion in the list for the renewal of the Board of Directors, to replace the outgoing CEO, Jean Pierre Mustier. The list will be presented for approval at the upcoming AGM on April 15, 2021. Upon AGM approval of the list, the Board will confirm his appointment as CEO.

 

Chairman Cesare Bisoni said: “After an intense search and a thorough evaluation process, I am pleased to report that the Board has unanimously chosen Andrea Orcel as designated CEO of UniCredit. He has an impressive track record in bringing together talent and technology to transform financial organizations across multiple geographies. Also on behalf of the Board of Directors, I would also like to thank Jean Pierre Mustier for his years of dedicated service and outstanding contribution to our Group.

 

Chairman Designate Pier Carlo Padoan said: “Andrea Orcel is a strong international leader, well-respected and committed to achieving results together with his teams. He has a vast breadth of experience and exceptional strategic judgement, which will be essential in leading UniCredit into the future. I look forward to working with him.

 

In making the appointment, the Corporate Governance, Nomination and Sustainability Committee, supported by Spencer Stuart, considered candidates with extensive experience and an ability to inclusively lead an organization through change. The committee noted in particular Andrea Orcel's exceptional credentials, strong leadership and deep knowledge of the challenges and opportunities in international financial services.

In compliance with applicable regulations, the appointment of all board members will be submitted to the European Central Bank following the AGM for its fit & proper assessment.

In the selection of all candidates for the list of the new Board of Directors, including the CEO, the Board of Directors is proceeding according to the official process, which can be consulted in the governance section of the Group’s website.

 


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

27.1.2021 - UniCredit Bank celebrates 30 years in Slovakia

UniCredit Bank celebrates its thirtieth anniversary of operating in the Slovak market. During this period, it became a key player in the Slovak banking sector and a significant driver of the Slovak economy.


At the beginning of this year 2021, it will be exactly 30 years since UniCredit Bank kicked off its operation in Slovakia. However, it was established several months earlier. Its predecessor, the Slovak Agricultural Bank, was established at the inaugural general meeting held on 26 June 1990.
Four years later, the bank was renamed Poľnobanka. An important milestone was the change of the majority shareholder in 2000, the Italian group UniCredito Italiano. Two years later, Poľnobanka was rebranded as UniBanka, which also meant transforming a bank focused on the agricultural sector to a universal financial institution.
In 2007, UniBanka and HVB Bank Slovakia merged, which resulted in a much larger universal bank with a new name UniCredit Bank Slovakia.
In 2013, we carried out the first cross-border merger of UniCredit Bank in Slovakia and the Czech Republic. Since 1 December 2013, it has become UniCredit Bank Czech Republic and Slovakia, a banking institution that operates in both Slovak and Czech markets. As a result, a cross-border bank has been established, being the largest bank in terms of the amount of capital and volume of assets as it leveraged on the synergies from both markets.
The bank represents one of the leaders in the Slovak corporate banking, having taken part in major local and international transactions and international business financing, keeping its strong position in agribusiness. In addition, the bank has always maintained strong position in both private and retail banking segments, as recognised by numerous local and international awards.

 

UniCredit Bank as a financial institution represents one of key drivers of the Slovak economy, supporting local clients and communities and driving the innovation. Being a part of a leading pan-European banking group, we have always been able to face challenges head on and always support our clients’ business with the best services in the Slovak and Czech markets. As a result, we have generated value added for the country, our clients, employees and shareholders,”“ says Jakub Dusílek, CEO, UniCredit Bank Czech Republic and Slovakia.

Digitisation and client satisfaction are and will remain one of our key strategic pillars. As an answer to the fast-changing needs of our clients, throughout the years of our business operations in the Slovak and Czech markets, we significantly invested in innovative banking solutions and development of financial services. We have provided our clients with easy-to-deal-with mobile and internet banking, online sales of banking products, simplified processes in retail, corporate and investment banking, and we will continue to invest in digitisation,“ says Marco Iannaccone, General Manager UniCredit Bank Czech Republic and Slovakia.

Our bank has always acted as a strong and committed supporter of local communities in which it operates. In recent years alone, we have donated more than one million euros to charity and socially responsible activities. We have always represented a role model in dealing with the tax-relief mechanisms, at the same time, always demonstrating strong employee commitment and engagement from all our Group colleagues in local initiatives in Slovakia,“ emphasised Miroslav Štrokendl, Head of Foreign Branch.

 

Just to list the most important ones, UniCredit Bank has helped build the Paediatric Day Oncology Clinic in Kramáre, so that children could be at home as much as possible during the most difficult period of treatment. In addition to this, we participated in modernising the rooms at the clinic. The bank supported financially numerous children’s associations with purchase of equipment, reuniting children with their families, rewarding talents and supporting children with different medical conditions.
During the pandemic, in cooperation with the UniCredit Foundation, the bank distributed 180,000 euros among five hospitals that urgently needed help, primarily to purchase protective equipment for their medical staff and equipment to fight COVID-19.
An integral part of the bank are its employees. Some of them have been with the bank right from the start and they have been working here since the beginning of the bank’s operation in Slovakia. Recently, in its main head office buildings, the bank gradually introduced the so-called Smart Office, a modern office space where employees can use a creative work environment in combination with working from home. The bank offers equal opportunities and supports its teams’ diversity and is a proud recipient of the Top Employers Institute certification as the Best European Employer in 2018 and 2019.

 

History of UniCredit Bank Czech Republic and Slovakia, a. s., pobočka zahraničnej banky 1990 – 2020

  • 1990: Establishment of the Slovak Agricultural Bank, which was, by the way, the first “private bank”, a joint-stock company in Slovakia.
  • 1994:Slovak Agricultural Bank rebranded as Poľnobanka.
  • 2000: Change of the majority shareholder to the Italian group UniCredito Italiano.
  • 2002: Poľnobanka rebranded as UniBanka and transformation from an agricultural bank to a universal financial institution.
    Bank Austria – Creditanstalt – HypoVereinsbank – HVB Bank Slovakia
  • 1994: Bank Austria Slovakia, a. s., established itself in the Slovak banking market.
  • 1999: Merger with the second largest Austrian bank Creditanstalt operating in Slovakia created a bank with the common name Bank Austria Creditanstalt Slovakia, a. s. (BACA).
  • 2001: A year of further expansion of the bank. The Austrian Bank Austria Creditanstalt merged with the German HypoVereinsbank, which previously operated in the Slovak market under the name HypoBank. A new multinational bank HVB Bank Slovakia, a. s., was established.
  • 2007: April 2007 is an important milestone when the Italian UniBanka and the German-Austrian HVB Bank merged to create the common UniCredit Bank Slovakia, a. s.
  • 2013: Merger of UniCredit Bank Czech Republic and UniCredit Bank Slovakia. Since 1 December 2013, the bank has been operating under the common business name of UniCredit Bank Czech Republic and Slovakia, a. s. In Slovakia, the business name of the new bank is extended by the addendum “pobočka zahraničnej banky”.

 

About UniCredit

UniCredit is a simple successful pan-European commercial bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.

 


Contact details:                 

Petr Plocek, tiskový mluvčí UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

26.1.2021 - UniCredit has been recognised as a Top Employer in Europe in 2021

UniCredit has been officially certified by the Top Employers Institute for the fourth year running for its exceptional employee offering, reaffirming the Group's status as a great place to work.
The European level Top Employers Certification was awarded thanks to the local Certifications achieved by UniCredit in Austria, Germany, Hungary, Italy and Russia.


Each year, the Top Employers Institute certifies organisations who are focused on putting their people first through their exceptional HR policies.


The organisations are certified based on the participation and results of their HR Best Practices Survey, which covers six HR domains consisting of 20 topics such as People Strategy, Work Environment, Talent Acquisition, Learning, Wellbeing and Diversity & Inclusion.


Receiving the Top Employers Europe Certification again this year shows how, even in very complex and difficult times like the current period, UniCredit continues to focus on supporting the development of its people and ensuring a positive working environment where all employees feel engaged and can actively add value to the Group,” commented Paolo Cornetta, Head of Group Human Capital.


Contacts
UniCredit Media Relations
e-mail: mediarelations@unicredit.eu

 

15.12.2020 - UniCredit awarded as the Best Private Bank 2021 in CEE by Global Finance

UniCredit is pleased to announce that it has been recognised as the Best Private Bank in Central and Eastern Europe for 2021 by Global Finance, for the 6th year in a row. Alongside this regional award, the bank also took home other individual country awards as best Private Bank 2021 in Bulgaria for the first year, in Czech Republic for the second year in a row and, for the 6th consecutive year, in Austria with Schoellerbank.


The awards for each region and country within the sixth annual World’s Best Private Banks Awards for 2021 were determined by Global Finance’s editorial board, factoring in inputs from executives and industry insiders, information from entries submitted by banks as well as independent research, in order to evaluate a series of objective and subjective factors to select the banks that best serve the specialised needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth.


Commenting these achievements, Gianfranco Bisagni, Niccolò Ubertalli, Francesco Giordano and Olivier Khayat, respectively Co-CEOs Commercial Banking, Central Eastern Europe and Co-CEOs Commercial Banking Western Europe, said: “We’re extremely proud of these results, accomplished thanks to a very talented team of people. We’re confident that together as One Bank, One UniCredit we will keep delivering the best value proposition to our clients”.

 


Contacts

Media Relations

Tel +39 02 88623569

e-mail: mediarelations@unicredit.eu

 

9.12.2020 - Further underlining the Bank's commitment to sustainability, the Group-wide initiative reduces CO2 and engages all employees

UniCredit is partnering with Treedom, an online platform which allows people to plant trees remotely and follow their growth online. The initiative will create the UniCredit Forest, consisting of at least 90,000 new trees which will be planted across Italy, Colombia, Haiti, Kenya, Madagascar and Tanzania. The UniCredit Forest will help reduce global CO2 by approximately 20,542,500kg over the next 10 years, equivalent to emissions produced by around 4,400 cars each year[1].


All employees of the Group will have the opportunity to get involved in the project, also by planting their own, personal tree in the UniCredit Forest for free. In addition, colleagues will get a special discount if they want to plant more trees.

Jean Pierre Mustier, CEO of UniCredit commented: "We are proud of this initiative, another example of our strong commitment to sustainability, which is part of our Group's DNA. The partnership with Treedom, closely followed by our Millennial Board, allows us to support the environment whilst also raising awareness and engaging our employees in the important mission to fight climate change. Our UniCredit Forest will consist of trees dedicated to all our employees, with everyone getting their own tree, showing that we are One Bank."


The project follows the 2019 Global Week of Climate Action when the Group encouraged employees to exchange ideas amongst themselves and with clients about what UniCredit can do to make a difference. The creation of the UniCredit Forest was one of the projects to emerge from this exchange and was closely followed by our Millennial Board[2].

 

UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 


Contacts

Media Relations

Tel +39 02 88623569

e-mail: mediarelations@unicredit.eu

 

[1]Source: https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator

[2] The UniCredit Millennial Board consists of employees ranging from 22-32 years of age, working to challenge pre-conceived patterns and raise awareness on the views of new generations (on banking topics), proposing innovative ideas and solutions. UniCredit UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

7.12.2020 - UniCredit recognised as top provider in 2020 Euromoney Cash Management Survey

Client-led survey names UniCredit as either Best Service Provider or Market Leader for Cash Management in twelve countries.

UniCredit has been recognised as the Best Service Provider in ten individual countries, including two of the bank’s core markets – Austria and Germany – in Euromoney’s 2020 Cash Management Survey. In addition, the bank also retained its longstanding position as Market Leader in Austria and Italy – alongside eight CEE regions – for a second consecutive year.
Conducted annually, the Euromoney Cash Management Survey identifies the leading providers of cash management products and services – this year collecting over 32,000 responses from non-financial institutions.


Commenting on the results, Luca Corsini, UniCredit’s Co-Head of Global Transaction Banking, said: “We are very proud of these achievements, which reflect both the pan-European coverage of our platform and the ability to help clients of all shapes and sizes navigate the unprecedented challenges we’ve seen this year.
Giovanni Solaroli, also Co-Head of Global Transaction Banking, added: “This recognition is testament to our teams’ collaborative spirit, expertise, and commitment to providing best-in-class cash management services.


The results follow a strong year of investment across UniCredit’s cash management platform – including innovations such as virtual accounts, instant payments, SWIFT gpi, and digital document signing – whereby the Group has sought to spearhead industry trends and optimise digital tools, remaining agile around clients’ ever-changing needs.

 

Full breakdown as follows:

 

Best Service Provider in

  • Austria
  • Bosnia and Herzegovina
  • Bulgaria
  • Croatia
  • Czech Republic
  • Germany
  • Hungary
  • Serbia
  • Slovakia
  • Slovenia

 

Market Leader in

  • Austria
  • Bosnia and Herzegovina
  • Bulgaria
  • Croatia
  • Hungary
  • Italy
  • Romania
  • Serbia
  • Slovakia
  • Slovenia

 

The bank’s standout performance in this year’s survey adds to a burgeoning list of award wins within Global Transaction Banking, with recent recognition including: ‘Best Bank for Supply Chain Finance’ at The Banker's 2020 Transaction Banking Awards; ‘Best Bank for Transaction Services in Central & Eastern Europe’ at Euromoney's 2020 Awards for Excellence; and ‘Best Transaction Services Provider in Western Europe’ at The Banker's 2019 Transaction Banking Awards.

 

UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 


Contacts

Media Relations

Tel +39 02 88623569

e-mail: mediarelations@unicredit.eu

 

 

27.10.2020 - UniCredit and the UniCredit European Works Council sign first Joint Declaration on Remote Work

UniCredit and the UniCredit European Works Council (UEWC) have signed the first joint declaration on remote work. This will allow the Group to extend the opportunities offered by technological advances, enabling new ways of working to support a better work-life balance and greater efficiency.

 

At UniCredit, the safety of our employees and clients is our top priority, so we take decisions based on data. At the same time, we are building on insights gained during the pandemic to prepare for the future, focusing on the evolving needs of our employees and clients, to ensure an increasingly inclusive environment.

The joint declaration was signed by UniCredit CEO Jean Pierre Mustier and UEWC Chairman Luciano Malvolti. Together, they have built on experiences from the ongoing pandemic to strengthen remote work solutions, integrating them in combination with work in physical premises. The document defines the guidelines, principles and future minimum quality standards for remote work, in line with UniCredit’s goal of building a positive and engaging work environment for all employees.

 

UniCredit CEO Jean Pierre Mustier commented: “Covid-19 has significantlychanged our clients’ mindset and behaviours, encouraging us to accelerate our digital and remote banking transformation. We are also leveraging on this new reality for our colleagues, because we believe that remote work can increase their quality of life. This is fully in line with our social commitments and ambition to be the best place to work.

UEWC Chairman Luciano Malvolti said: “This is another positive step forwards in our ongoing investment in social dialogue with UniCredit. It is crucial to our joint progress that, in challenging times such as these, we are still able to plan for the future and define concrete solutions to meet the needs of employees as well as of the company.

 

The new joint declaration aims to develop a global approach to offer all our colleagues access to remote working in the future, with a progressive local implementation plan which targets the following Group standards:

  • Headquarters and central offices: 40 per cent of remote working time, to be distributed on a weekly or monthly basis (i.e. on average 2 days per week)
  • Network: 20 per cent of remote working time, to be distributed on a weekly or monthly basis (i.e. on average 1 day a week).

The implementation of this agreement will be jointly monitored by representatives of both parties. It complements several other joint declarations, such as on Training, Learning and Professional Development, Equal Opportunities and Non-Discrimination, Responsible Sales and Work-Life Balance.

 

UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 


Contacts

Media Relations

Tel +39 02 88623569

e-mail: mediarelations@unicredit.eu

 

 

21.10.2020 - Capital Finance International awards UniCredit as Best Social Impact Bank in Europe

UniCredit has been recognised by Capital Finance International (CFI.co) magazine as the Best Social Impact Bank in Europe in 2020. The judges highlighted UniCredit’s determination to “make a difference and have an impact” as well as its redoubling of efforts considering the Covid-19 pandemic, to engage with stakeholders, map their concerns and needs, and adjust policies and product offering accordingly. UniCredit’s commitment to creating a diverse and inclusive workplace was further highlighted as well as its “strong and meaningful corporate social responsibility policies”.

 

Commenting on the award, Roberta Marracino, Head of Group ESG Strategy & Impact Banking, said: “We are very proud to be acknowledged by CFI as the Best Social Impact Bank in Europe. This tells us that our strong efforts through our Social Impact Banking programme, UniCredit Foundation and the Group’s overall approach to ESG are noticed and valued by our stakeholders. Acting in a socially responsible way continues to be a priority for UniCredit. The Covid-19 crisis has made all of us much more aware of the role of corporations in driving positive social change. We will continue to do the right thing and work in this direction in line with the needs and interests of all our stakeholders.

 

Winners were selected by the Capital Finance International judging panel of industry experts seeking to identify individuals and organisations that contribute significantly to the convergence of economies and truly add value for all stakeholders.


UniCredit’s Social Impact Banking has since launch supported more than 4,000 beneficiaries through Microcredit and Impact Financing as well as providing various financial education programmes to the benefit of around 50.000 young people and disadvantaged individuals.
In 2020 UniCredit has confirmed its continued strong social commitment by providing more than 6.4 billion euros to European SMEs to help them mitigate the unprecedented Covid-19 emergency whilst also making significant donations in the various markets of the Group through UniCredit Foundation to support hospitals and different non-profit organisations on the front lines in the fight against the pandemic.


For more information on UniCredit SIB, please visit: www.unicreditgroup.eu

 

UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 


Contacts

Media Relations

Tel +39 02 88623569

e-mail: mediarelations@unicredit.eu

 

 

15.7.2020 - UniCredit wins six awards at Euromoney Awards for Excellence

UniCredit has won six awards at this year’s Euromoney Awards for Excellence, achieving recognition across the following categories.

 

  • Best Bank in Central & Eastern Europe
  • Best Bank for Transaction Services in Central & Eastern Europe
  • Best Bank in Austria
  • Best Bank in Bulgaria
  • Best Bank in Bosnia & Herzegovina
  • Best Bank in Germany

 

Alongside the CEE regional accolade, the results also see UniCredit retain its crown as the ‘Best Bank for Transaction Services in Central & Eastern Europe’, with Euromoney commenting: “As well as maintaining leading transaction services, advisory and markets franchises, the Italian group has shown consistent appetite for putting its balance sheet to work across the region”.

 

The Euromoney Awards for Excellence were established in 1992 and are widely regarded as the definitive awards programme for the global banking industry, identifying ‘the best of the best’ in all countries offering banking services.

 

As in previous years, the judging criteria include profitability, demonstrable growth, relative outperformance compared with peers and the ability to adapt to changing market conditions and client needs.

 

Jean Pierre Mustier, CEO of UniCredit, said: “Being recognised by Euromoney as the best bank across these markets is clear testament to the tremendous work our teams are doing and to our continued efforts to support clients across the Group. I am very proud of these awards and would like to personally thank each of our employees across Europe who continue to work tirelessly to help us deliver on our commitments.

 


Contacts

Media Relations

Tel +39 02 88623569

e-mail: mediarelations@unicredit.eu

 

About UniCredit

UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia.
Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

15.7.2020 - UniCredit banks and Foundation support 44 non-profit projects focused on children in 12 Group countries with a total 500 000 EUR

In December 2019, UniCredit Foundation launched the “Call for Europe 2019 – Supporting Childhood” initiative with the aim to identify and support social projects helping children in the different European countries where UniCredit is present outside of Italy. The Group’s banks were asked to provide UniCredit Foundation with a shortlist of relevant local projects in each country by the end of February 2020 and an expert jury appointed by the Foundation selected the winning initiatives to be granted a total of 500 000 euros (13.5 milion CZK) split among the winners.


44 projects have received the Foundation’s support across 12 Group countries, including: Czech Republic, Slovakia, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Hungary, Romania, Russia, Serbia and Slovenia.


Maurizio Beretta, Chairman of the UniCredit Foundation, commented: “In line with our shared belief of always doing the right thing, the different banks of UniCredit Group in Europe have worked together with UniCredit Foundation to identify deserving local projects focused on children and their needs. The role of our banks of different Countries has been key in this initiative to select the right projects to be rewarded in line with the needs and circumstances of each community.


UniCredit Foundation stays committed to supporting the communities in all the markets in which the Bank is present. In response to the coronavirus emergency, the Foundation has made significant donations in the various markets of the Group to support hospitals as well as different non-profit organisations in the front line in the fight against COVID-19.

All projects selected for the “Call for Europe 2019 – Supporting Childhood” initiative are run by non-profit organisations and have a focus on supporting children and adolescents (0-18) in line with the priorities of each specific local community and with the aim of generating a positive social impact in the medium/long term.

 

The winning projects are

Czech Republic

  • Nave Italia
  • Domov Laguna Psary
  • Deti Upinku

Slovakia

  • Naruc – Help for Children
  • Malicek, o.z.
  • Hospic Plamienok

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 

About UniCredit Foundation
UniCredit Foundation is a corporate foundation established in 2003 in order to contribute to the development of solidarity and philanthropy in the communities and regions where it operates, primarily in the geographical areas in which UniCredit is present. Through the transfer of financial resources and management skills typical of the company, UniCredit Foundation supports projects for significant social impact and innovation, by local non-profits.


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

30.06.2020 - UniCredit awarded as the Best Private Bank for use of technology in CEE by Professional Wealth Management

UniCredit is pleased to announce that the Bank has been recognised as the Best private bank for use of technology in Central Eastern Europe (CEE) by Professional Wealth Management (PWM) for the third time in a row within prestigious PWM Global Wealth Tech 2020 Awards.

UniCredit CEE Private Banking won this coveted award thanks to its continued efforts in improving client digital experience and empowering relationship managers through comprehensive use of technology.

Commenting on the awards, Daniela Croitoru, Head of CEE Private Banking at UniCredit, said: ”I am very pleased that our efforts to improve our digital experience within CEE were recognized by this prestigious and independent jury of PWM and I strongly believe that our teams will be able to maintain our innovative approach for the relationship managers as well as for our clients and this is a priority across all CEE countries in our perimeter.”

UniCredit CEE Private Banking serves 8 countries (BG, CZ, HR, HU, RO, RU, SK, and SI) across Central and Eastern Europe with a unique service model rooted in the holistic understanding of our clients, offering them digital solutions and following the UniCredit Global Private Banking Investment Strategy.

In line with specific clients’ needs, UniCredit CEE Private Banking more recently focused on further improving the digital experience of wealthy clients as part of continuous strengthening client relationships via improved and refreshed advisory tool for private bankers as well as brand new wealth management application for end customers in order to serve them.

 

About UniCredit

UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

22.06.2020 - UniCredit retains crown as Best Sub-custodian Bank in Central Eastern Europe along with five country awards from Global Finance

UniCredit is pleased to announce that it has been recognised as the Best Sub-custodian Bank in Central and Eastern Europe for 2020 by Global Finance for the eleventh year in a row. Alongside this regional award, the bank also took home gold in several individual country awards, scooping the title of Best Sub-custodian Bank in Austria, Bulgaria, Hungary, Serbia and Slovenia.


The awards for each region and country are determined by Global Finance’s editorial board, factoring in market research, input from expert sources and users of sub-custodian services, as well as bank submissions, in order to select the institutions that reliably provide the best services in local markets.


The criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices.


Julia B. Romhanyi, Global Head of Securities Services, added: “We take great pride in our sub-custodian services at UniCredit and are delighted to have confirmed our position – not only as the best sub-custodian bank in Central and Eastern Europe, but as the leader in many individual countries as well. Our continued focus on providing high-quality, tailor-made and digital solutions has been central to our work over the past years and it is a pleasure to see the recognition of our continued efforts and our strong positioning in the region. This also underlines our dedication, throughout the recent pandemic, where we ensured a continued high-quality service. I am very proud of the dedicated teams across all of our countries who make it possible to keep our leading role and deliver excellence in the client, post-trade, securities servicing space.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

16.6.2020 - UniCredit supports SMEs and mid-caps across nine Central and Eastern Europe countries leveraging on EIF COVID-19 measures under InnovFin guarantee
  • InnovFin Umbrella facility is already established in nine local banks and six leasing companies to sustain working capital and investment finance 
  • Approximately EUR 600 mln out of the initial amount of 1bn InnovFin Umbrella is now available with the special COVID-19 conditions

 

UniCredit has entered into a COVID-19 support package offered by the European Investment Fund (EIF) allowing the bank to provide working capital loans to CEE SMEs and mid-caps guaranteed by the EIF at a rate of 80% (previously 50%) under simplified eligibility criteria. The new measures extend the application of the InnovFin guarantee also to large mid-caps, widening the range of eligible companies in addition to already covered small and medium-sized enterprises (SMEs) and small mid-caps.

Furthermore, in order to further support the uptake of digital technologies and the digital transformation of enterprises, the InnovFin guarantee has also been extended to cover the financing of digital transformation. This transaction benefits from the support of Horizon 2020, the EU's Framework Programme for Research and Innovation, and the European Fund for Strategic Investments (EFSI) – the heart of the Investment Plan for Europe.
These new measures allow UniCredit to provide extensive support for companies in Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Romania, Serbia, Slovakia and Slovenia.

 

"We are offering continued support to businesses through this initiative in order to manage the liquidity issues resulting from the COVID-19 emergency," said Gianfranco Bisagni and Niccolò Ubertalli, Co-CEOs Commercial Banking CEE at UniCredit. "This concrete step seeks to guarantee cash flow continuity for companies in the current exceptional and difficult circumstances as well as supporting working capital. At UniCredit, we are engaging in decisive, concrete measures to support companies and pledge our full support to the real economy."

They added: "We're ready to play our part in the wide-ranging measures envisaged by European Institutions and Countries and this agreement with the EIF allows us to guarantee CEE entrepreneurs the support they need in facing the consequences of this emergency, ensuring continuity for the production chain and laying the foundations for the recovery of their economies”.

 

As of June 2020 UniCredit in CEE countries has 30 established guarantee schemes from IFIs and local development banks, supporting the financing of SMEs and mid-sized companies with up to 3,8 bln EUR, out of which 1,2 bln has already been utilised.
The remaining EUR 2,6 bln also include new local guarantee schemes dedicated to COVID support in the amount of EUR 1,2 bln as well asthe above mentioned InnovFin guarantee with COVID package for EUR 0,6 bln, aimed to facilitate lending activities in the region within the next 2-3 years.

 

About EIF
The European Investment Fund (EIF) is part of the European Investment Bank Group. Its central mission is to support Europe's micro, small and medium-sized businesses (SMEs) by helping them to access finance. EIF designs and develops venture and growth capital, guarantees and microfinance instruments which specifically target this market segment. In this role, EIF fosters EU objectives in support of innovation, research and development, entrepreneurship, growth, and employment. More information on EIF's work under EFSI is available here.


About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.


About the Investment Plan for Europe
The European Fund for Strategic Investments (EFSI) is the main pillar of the Juncker Plan and provides first loss guarantees, enabling the EIB to invest in more projects that often come with greater risks. EFSI has already yielded tangible results. The projects and agreements approved for financing under EFSI are expected to mobilise more than EUR 458.8bn in investment and support more than 1 million SMEs in the EU Member States. More information on the results of the Investment Plan for Europe is available here.


About InnovFin
The InnovFin SME Guarantee Facility is established under the “EU InnovFin Finance for Innovators” initiative backed by Horizon 2020. It provides guarantees and counter-guarantees on debt financing of between EUR 25,000 and EUR 7.5m in order to improve access to loan finance for innovative small and medium-sized enterprises and mid-caps. The facility is managed by EIF, and is rolled out through financial intermediaries – banks and other financial institutions – in EU Member States and Associated Countries. Under this facility, financial intermediaries are guaranteed by EIF against a proportion of their losses incurred on the debt financing covered under the facility.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

19.5.2020 - CZK 2,2 million from UniCredit to help children in the Czech Republic and Slovakia

Within an open Call for Europe, UniCredit Foundation will distribute almost CZK 2,2 million through UniCredit Bank in the Czech Republic and  Slovakia.  This amount will go to six non-profit organisations, which help children and minors up to an age of 18 years in both countries.

When submitting projects, the bank tried to support its long-term partnerships with organisations helping children, as well as organisations that are repeatedly nominated within the Gift Matching employee programme, where employees present organisations. The entities in selection also included organisations proposed by customers in the Wishes Fulfilled campaign, where they sent their dreams to help children, and the bank provided finances for the most touching ones.

We believe that thanks to the UniCredit Foundation support we helped lighten difficult fate and at least partially create conditions for better life of many children and minors. With our financial support to organisations we met half way our partners,  but more we listened to voices of our employees and wishes of our customers, and helped create more beautiful living conditions for those with unfavourable fates,” says Jakub Dusílek, Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia.

In Czech Republic, the Nave Italia long-term project for children after cancer treatment and from socially disadvantaged families will be supported in cooperation with the Italian Embassy in Prague and Chance4Children.  The Laguna Psáry Home is the other organisation receiving support; it provides home to children with mental disabilities so that they can live in decent conditions; it provides them with pedagogic care and education as a normal human approach and conditions for satisfactory life. Last but not least, we will also help the association of parents called Full Moon Children, who try to create conditions for decent life of children with various autism spectrum disorders or mental handicaps using the form of so-called home-sharing – regular relief stays of children at trained hosts’ places. This programme helps family rally and the child can get new social contacts and skills.

Thus, in Slovakia, UniCredit Bank along with UniCredit Foundation will support the Plamienok Hospice providing palliative care to critically ill children and sorrow therapies to children, who have lost their close relatives. The “Náruč – help for children in crisis” civil association helping children experiencing abuse, maltreatment or neglect, and providing advice to domestic violence victims, is another beneficiary. Help for pre-term infants and their families will flow through the Malíček civil association.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

17.4.2020 - Smart Banking application by UniCredit Bank offers upgraded features, including Face ID

UniCredit Bank introduces a new version of the Smart Banking mobile application. Owing to the new version, clients can conveniently manage their bank account from anywhere; through the application, they can handle most common tasks without having to visit our branch. Besides the modern design of the application, the new version includes advanced features such as faster logging into the application using Face ID, new breakdown of payment overview or details of current or credit accounts and credit cards. Of course, the application is easy to navigate and user friendly, and available for iOS and Android operating systems. UniCredit Bank teamed up on the new version of Smart Banking with Meniga, a leading European FinTech’s digital banking software and Czech Republic belongs to one of the first countries where it was launched.

Domácí platby

 

UniCredit Bank Smart Banking brings you the possibility of login using Touch ID or Face ID, where users can make payments with one click. The application also entails the possibility of categorising your costs or browsing through your transactions simply and quickly using keywords. Of course, the application also includes the possibility of activating, blocking and changing the limits of your payment and credit cards.

 

Domácí platby

The way the Czechs work and live is changing very dynamically, not only because of adoption of modern technologies. Today, for many of our clients, the phone is the primary channel through which they control their banking services. At UniCredit Bank, we are responding to this, by developing innovative products and services as the Smart Banking mobile banking application brings very concrete and tangible benefits to clients and respond to their needs,“ says says Marco Iannaccone, Vice-Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia.

 

The Smart Banking application contains all information about all individual banking products of the client, such as current and savings accounts, loans or mortgages. UniCredit Bank’s statistics show that the average user saves four hours a year by using the application, which corresponds to up to 12 visits to a brick-and-mortar branch.

 

The Czech Republic is among the first countries within CEE UniCredit, where the Group is launching the upgraded Smart Banking. The Smart Banking application can be activated in Online Banking or at any UniCredit Bank branch. The mobile application is available for iOS 9.0 and later and Android 4.1 and later, and it can be downloaded via Apple Pay or Google Play.


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

15.4.2020 - UniCredit Bank and its employees send over CZK 4.9 million (EUR 180 thousand) to Czech and Slovak hospitals to fight against COVID-19

Together with UniCredit Foundation, UniCredit Bank and its employees provided financial support to three Czech and two Slovak hospitals in the fight against COVID-19 pandemic.

In cooperation with UniCredit Foundation, the Bank launched an employee fundraising initiative in both countries in early April. Owing to this initiative, it will distribute over CZK 4.9 million (EUR 180 thousand) among five hospitals which are in urgent need of these funds and will use it mainly for purchasing protective equipment for medical personnel and medical devices p to combat COVID – 19.

In less than two weeks of this initiative, the Bank’s employees raised more than CZK 800 thousand (EUR 30 thousand). UniCredit Foundation increased the funds raised by CZK 1,1 million (EUR 40 thousand) and UniCredit Bank and UniCredit Leasing itself contributed additional CZK 3 million (EUR 110 thousand).

The health of us all, our clients and our employees, is our top priority. Everyone at UniCredit Bank is doing everything they can to help effectively where it is needed during this difficult period. Together with our employees, we have, therefore, decided to support our hospitals, doctors and nurses in the Czech Republic and Slovakia, and confirm again that we are doing the right thing,says Jakub Dusílek, Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia.

I am very pleased to have the opportunity to join, together with our colleagues, the call for support of hospitals as soon as I came to this market. Although I have come in the most difficult times, participating in a strong wave of spontaneous solidarity and commitment of all employees means a lot to me. It is a unique feeling that we managed to provide immediate help to hospitals in such a short time," says Marco Iannaccone, Vice-Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia.

 

Together with UniCredit Foundation, UniCredit Bank supports:

  • Hospital in České Budějovice
  • St. Anne's University Hospital in Brno
  • University Hospital in Brno
  • University Hospital in Bratislava
  • University Hospital in Košice

Contact detail:              

Petr Plocek, tiskový mluvčí UniCredit
Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

 

 

 

6.4.2020 Temporary closure of OTROKOVICE branch

Today on Monday 6 March UniCredit Bank was informed that an employee of franchise branch UniCredit Bank Expres in Otrokovice has been tested positive for the COVID-19 virus. The employee was last at work on Monday 24 March, 2020. We are in constant contact with our colleague and wish her a quick recovery.

 

As a precautionary measure, we decided to close Otrokovice franchise immediately. The branch has been thoroughly disinfected and will be opened again on Thursday. All franchise employees who could be in close contact with the sick colleague were advised to remain in quarantine for 14 days and follow the health care authorities instructions. They all feel good and has no symptoms of illness. Clients, who have come into contact with our employee and we have records in our systems, we will inform via phone.

 

All clients served at the franchise UniCredit Bank Expres in Otrokovice will be informed about the temporary closure of the branch by SMS, e-mail and on the bank's website. They can in the meantime use our digital channels comfortably from home, such as Online Banking or Mobile Smart Banking. If necessary, they can also visit another branches of UniCredit Bank.

 

The safety and health of our employees and clients is our top priority. Therefore, in order to prevent the spread of coronavirus, we have implemented a wide range of measures, such as limitation of any business trips, external visits, maximizing home office or temperature control at the entrances to our main buildings. At the same time, we installed disinfection equipment and ensured the distribution of masks and antibacterial gels in Bank properties. The Bank also recommended that its suppliers and partners take similar measures.

 

UniCredit Bank continues to closely monitor the situation and, in response to the current situation, will take all necessary measures to ensure the health and safety of all Bank employees and clients.

 

29.3.2020 - UniCredit Bank supports clients and companies affected by COVID-19

The health and well-being of customers and employees is UniCredit's Bank top priority.

 

UniCredit Bank actively supports its clients who are affected by the impact of COVID-19. Clients who have lost their income or lost their jobs as a result of the global epidemic and need finances to meet their daily needs are provided with the option of moratorium on three monthly mortgage loan repayments, PRESTO Loans and Loans to small enterpreneurs or sole traders. Clients can submit their applications at  www.unicreditbank.cz

Currently, the Bank has received approximately 1,300 clients' requests to postpone installments for 3 months. Almost 50% of applications are mortgage loans, 45% consumer loan repayments and 5% loans for small businesses and sole traders.

UniCredit Bank is also close to small and medium-sized companies in these difficult situations, therefore the Bank joined the COVID II program, which is prepared by the Czech-Moravian Guarantee and Development Bank (CMZRB) together with the Ministry of Industry and Trade ( MPO). Small and medium-sized companies can thus obtain a preferential loan with a guarantee for operational financing and in addition, with a financial contribution to pay interest. The advantageous loan can be drawn for three years and aims to help entrepreneurs with the impact of the coronavirus epidemic. Specific conditions will be announced in the near future by ČMRZB.

With more than 100 major corporate clients operating in the sectors most affected by the epidemic, UniCredit Bank's relationship managers are in daily contact and the bank, after an individual assessment, provides a deferral of principal payments for up to 5 months. The first applications have already been approved.

“It is important for us in this difficult situation to always stand by our clients and do the right things. We want to help them mitigate the unexpected effects associated with the spread of COVID-19, while supporting the stability of the domestic economy, says Jakub Dusílek, Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia.

22.3.2020 - The health and well-being of employees and customers is UniCredit Bank’s top priority.

UniCredit Bank regrets to communicate that an employee based in Kolín  branch has been tested positive for the COVID-19 virus and the result was available on Saturday, March 21st, 2020. Our employee was last time in the branch on Friday March 13th. We are in ongoing contact with her to ensure she gets all the support possible and wishes her a speedy recovery.

In line with the instructions of the health authorities, we have already closed Kolín  branch and deep-cleaned and disinfected the entire premises. The branch will be temporary closed and re-open on Wednesday, March 25th, 2020. If you need to visit a branch, you can use our closest at Kutná Hora Branch in Šultysova 153 or refer to the branch finder available on the website www.unicreditbank.cz. Clients served by Kolín branch can also use our UniCredit digital channels, such as Online Banking or Mobile Smart Banking.

We have been contacted all employees and we are contacting clients who may have been in close and recent contact with the individual which we have registered records, advising them to self-quarantine for 14 days and to follow the instructions of the health authorities.

Therefore as precautionary measures, we have already implemented all health and safety measures such as restrictions any business trip, external visits, maximizing home-office  work or temperature control at the entrances to our main buildings. At the same time, we installed disinfection equipment and ensured distribution of masks and antibacterial gels. The Bank also recommended  its suppliers and partners to take similar measures.

UniCredit Bank will continue to actively monitor the situation, always act in everyone's best interests and do the right thing vis à vis all our stakeholders!

 


Media Contact:   

Petr Plocek,

press spokesman UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

16.3.2020 - COVID-19 preventive measures

Dear clients,

 

The health and well-being of employees and customers is UniCredit Bank’s top priority.

UniCredit Bank has taken decisive action to guarantee nation-wide service coverage for its clients while protecting the health of both, clients and staff.

From March 17, 2020, the opening hours of branches, on working days will be from 10:00 to 14:00 hours. We kindly ask you to access the branch individually as directed by our  staff. Please also respect the distance of at least two meters both between customers and staff and clients themselves. Please kindly follow this measure both inside and outside the building to protect you and your surroundings.

 

UniCredit Bank is working actively to ensure that all banking services are available through remote channels.

UniCredit Bank clients can retrieve all relevant information on products and services and perform all main banking activities in a simple, fast and secure way from the comfort of your home through multiple remote channels including: Online Banking and Smart Banking. We also recommend using our Apple Pay, Google Pay mobile payments to minimize cash handling.

More information HERE.

 

If you need advice from your banker, make an appointment by phone or contact customer service at 800 14 00 14, available from Monday to Sunday from 7:00 to 22:00.

 

We will continue to actively monitor the situation, always act in everyone's best interests and do the right thing vis a vis all our stakeholders!

30.1.2020 - UniCredit has been recognised as a Top Employer in Europe in 2020

Local Certifications were achieved in eight European Countries: Austria, Bulgaria, Croatia, Germany, Hungary, Italy, Russia and Serbia.

 

UniCredit is proud to announce that it has been officially certified by the Top Employers Institute for the third year running for its exceptional employee offering, reaffirming the Group’s status as a great place to work.

The annual, international research undertaken by the Top Employers Institute recognises the leading employers around the world: those that provide excellent employee conditions, nurture and develop talent throughout all levels of the organisation and strive to continuously optimise employment practices.

The European level Top Employers Certification was awarded thanks to the local Certifications achieved by UniCredit in Austria, Bulgaria, Croatia, Germany, Hungary, Italy, Russia and Serbia.

The Top Employers Certification is based on a thorough research process and a set of required standards. All the data was independently audited, verifying UniCredit's outstanding employee conditions and earning the Bank its spot among the select group of certified Top Employers.

 

The Top Employers Institute assessed UniCredit's employee offering based on the following criteria:

  • Talent Strategy
  • Workforce Planning
  • Talent Acquisition
  • On-Boarding
  • Learning & Development
  • Performance Management
  • Leadership Development
  • Career & Succession Management
  • Compensation & Benefits
  • Culture
15.1.2020 - EIF and UniCredit support for innovative SMEs in Central and Eastern Europe increased to EUR 1bn
  • Mobilising EUR 500m of new funds to support innovative companies in nine CEE countries
  •  Funds will be allocated through nine local banks and six leasing companies
  • 1,300 SMEs are expected to be supported

 

The European Investment Fund (EIF) and UniCredit have agreed to increase the InnovFin SME guarantee aimed at improving access to finance for innovative small and medium-sized enterprises (SMEs) and small mid-caps in nine countries. This new agreement will allow UniCredit to offer, via its nine banks and six leasing entities across Central and Eastern Europe, additional financing worth EUR 500m  to innovative companies in Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Romania, Serbia, Slovakia and Slovenia. This means that SMEs and mid-caps across these countries will have access to a total of EUR 1bn via UniCredit’s extensive network in the CEE region.

This transaction benefits from the support of Horizon 2020, the EU's Framework Programme for Research and Innovation, and the European Fund for Strategic Investments (EFSI) – the heart of the Investment Plan for Europe.

The banks in Bosnia and Herzegovina and in Serbia and the leasing company in Serbia will benefit from the support of a guarantee provided by the EIF and backed under Horizon 2020, while the guarantee agreements with the banks and leasing companies in Bulgaria, Croatia, the Czech Republic, Slovakia, Hungary, Romania and Slovenia will be backed by EFSI, the financial pillar of the Investment Plan for Europe.

Lilyana Pavlova, EIB Vice-President said: “This second increase of the UniCredit Umbrella transaction is a testament to the successful cooperation between EIF and UniCredit. Going forward, we hope that by leveraging on our existing relationship, together we will continue to design efficient ways to offer support to those in need of it and thus fulfil our policy objectives. This is of even higher importance when tackling market gaps in the CEE region.” Alessandro Tappi, EIF’s Chief Investment Officer continued: “The operation signed today will increase the overall portfolio from EUR 500m up to EUR 1bn for the benefit of some 1,300 SMEs and small mid-caps. This growth is proof of EIF’s and UniCredit’s dedication to enhancing access to finance for SMEs operating in Central and Eastern Europe”.

Gianfranco Bisagni and Niccolò Ubertalli, Co-CEOs of Commercial Banking, CEE, at UniCredit, said: “Over the last eight years, UniCredit has launched more than ten initiatives in cooperation with EIF across CEE with total capacity of more than EUR 1.7bn, including JEREMIE, RSI, the SME Initiative, COSME, the Microfinance Facility, WB EDIF, Fund of Funds under EAFRD, EaSI and, InnovFin SMEG. These instruments are already utilised above 50%, benefitting more than 5,000 clients in the region.

Thanks to InnovFin SMEG, more than 350 clients have already received support for the development of their innovative projects. With the doubling of our umbrella facility to EUR 1bn, we can further facilitate the development of innovative SMEs across the CEE countries, allowing easier access to finance and supporting local economies. It further highlights our strong commitment to serving our clients in the Central and Eastern European region”.

The transaction reflects the EU's commitment to rapidly launch concrete initiatives aimed at accelerating lending and guarantee transactions capable of boosting jobs and growth in the EU.

 

About EIF

The European Investment Fund (EIF) is part of the European Investment Bank Group. Its central mission is to support Europe's micro, small and medium-sized businesses (SMEs) by helping them to access finance. EIF designs and develops venture and growth capital, guarantees and microfinance instruments which specifically target this market segment. In this role, EIF fosters EU objectives in support of innovation, research and development, entrepreneurship, growth, and employment. More information on EIF's work under EFSI is available here.

 

About UniCredit

UniCredit is a simple successful pan-European commercial bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 14 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey.

Leveraging on an international network of representative offices and branches, UniCredit serves clients in a further 18 countries worldwide.

 

About the Investment Plan for Europe

The European Fund for Strategic Investments (EFSI) is the main pillar of the Juncker Plan and provides first loss guarantees, enabling the EIB to invest in more projects that often come with greater risks. EFSI has already yielded tangible results. The projects and agreements approved for financing under EFSI are expected to mobilise more than EUR 458.8bn in investment and support more than 1 million SMEs in the 28 Member States.

More information on the results of the Investment Plan for Europe is available here.

 

About InnovFin

The InnovFin SME Guarantee Facility is established under the “EU InnovFin Finance for Innovators” initiative backed by Horizon 2020. It provides guarantees and counter-guarantees on debt financing of between EUR 25,000 and EUR 7.5m in order to improve access to loan finance for innovative small and medium-sized enterprises and small mid-caps (up to 499 employees). The facility is managed by EIF, and is rolled out through financial intermediaries – banks and other financial institutions – in EU Member States and Associated Countries. Under this facility, financial intermediaries are guaranteed by EIF against a proportion of their losses incurred on the debt financing covered under the facility.

9.1.2020 - UniCredit retains top spot as best global trade finance provider in Euromoney’s Trade Finance Survey 2020

UniCredit retains top spot as best global trade finance provider in Euromoney’s Trade Finance Survey 2020

 

The survey, now in its ninth year, collates feedback from over 7,000 corporate banking clients, providing compelling evidence of UniCredit’s product expertise, best-in-class customer service and deep understanding of its core European markets.

The bank also landed numerous #1 positions in the individual country rankings for All Services, including recognition as the best provider in CEE, Western Europe, Austria, Bosnia and Herzegovina, Bulgaria, Czech Republic, Hungary, Italy, Romania, Serbia, Slovakia and Croatia – as well as globally.

The breadth and depth of UniCredit’s geographical coverage was further underlined by #1 Market Leader positions in Austria, Bosnia and Herzegovina, Bulgaria, Czech Republic, Hungary, Italy, Romania, Russia, Serbia, Slovakia, Croatia and Turkey.

“We are very proud of these results,” says Richard Burton, UniCredit’s Head of Corporate & Investment Banking. “We strive to continue delivering the highest-quality products and services to our customers – focusing on the development of innovative solutions tailored to our clients’ needs. This Euromoney survey recognises our ongoing efforts in these areas as we continue to support the real economy and forge strong client relationships. These relationships are central to everything we do, and we would like to take this opportunity to thank all of our clients for their continued partnership and support."

UniCredit continues to invest in trade finance innovation – most notably through its award-winning client portal, Trade Finance Gate – and remains committed to meeting clients’ needs through tailor-made trade finance and working capital solutions.


Contact details:  

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

E-mail: petr.plocek@unicreditgroup.cz

Tel. No.: 606 694 156

16.12.2019 - UniCredit Bank fulfils its clients' Christmas wishes. Let's help decide. Do the right thing!

UniCredit Bank continues its successful Fulfilled Wishes campaign launched last year. The campaign is based on clients’ wishes sent to the Bank during the past year. They decided to support one of the Czech and Slovak charity organisations. The Bank selected three projects and will reward each project with CZK 100,000. As a bonus, the Bank announced a vote on the best organisation to become the overall winner and receive CZK 100,000. The vote will end on 31 January 2020.

 

Thanks to UniCredit Bank, clients in the Czech Republic can support Podkrkonošská společnost přátel dětí zdravotně postižených Semily, Tango manažeři na vozíčcích from Havlíčkův Brod and Tam, kde zvířata pomáhají z.s.

 

We are a bank for everything that matters. Fulfilled Wishes is an initiative which we want to actively share with our clients and invite them to vote. Together we can help those who really need it. This year there are several really interesting projects to choose from, which concern, among others, elderly people or sick children,” says Tomáš Drábek, Member of the Board of Directors and Head of Retail and Private Banking at UniCredit Bank.

The Bank will distribute CZK 300,000 among three organisations. The project with the most votes will get a bonus of an additional CZK 100,000.

Bank clients in Slovakia also have the possibility to choose from three organisations. Here, the Bank will grant EUR 4,000 to each charity organisation and a bonus of EUR 4,000 to the winning project based on votes. UniCredit Bank clients and employees can vote on the overall winner at www.zalezinamnatom.cz.

 

List of charity organisations UniCredit Bank clients and employees can vote for:

  • Tam, kde zvířata pomáhají z.s.
  • Tango Havlíčkův Brod, v.o.s. - Tango manažeři na vozíčcích
  • Podkrkonošská společnost přátel dětí zdravotně postižených Semily, z.s.

 


Contact details:   

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

E-mail: petr.plocek@unicreditgroup.cz

Tel. No.: 606 694 156

10.12.2019 - UniCredit Bank Launching Google Pay on Visa Cards

UniCredit Bank clients in Slovakia and the Czech Republic may start using the Google Pay service from 10 December for comfortable, fast and secure payments in shops and on-line using the premium, credit and debit Visa card. To activate the service, they only need to install the Google Pay application in any Android device or a Google account. Google Pay may also be used for contactless withdrawals from ATMs. UniCredit Bank clients in Slovakia and the Czech Republic may start using the Google Pay service from 10 December for comfortable, fast and secure payments in shops and on-line using the premium, credit and debit Visa card. To activate the service, they only need to install the Google Pay application in any Android device or a Google account. Google Pay may also be used for contactless withdrawals from ATMs.

 

The installation and use of the Google Pay service is simple and completely free. The service operates on mobile phones running on the Android version 5.0 or higher with NFC technology for contactless payments.


Payments are simple and fast and are possible in any brick-and-mortar shop that accepts contactless payments. For amounts of less than EUR 20, the only thing clients need to do is to light up the phone display and touch it against the contactless terminal. For higher amounts, the phone needs to be unlocked with fingerprint, password or any other secure form. The transaction confirmation is displayed in the application immediately after payment. Google Pay™ puts great emphasis on payment security. The number of the debit card is not kept in the mobile device. The device only uses an encrypted and secure token.


Google Pay™ may be used for on-line payments also by clients who have a Google account. They only have to add a payment card to it and pay without the need to fill in the lengthy on-line payment forms. The service currently supports the following payment gates: Global Payments Europe, PayU and GoPay which are used by most Slovak e-shops. This means that clients may use Google Pay™ in more than 10,000 Slovak e-shops from electronic goods to travel tickets, books, on-line pharmacies or mobile operators.

 

How to start using Google Pay with a Visa debit card from UniCredit Bank?

  1. In your mobile device, download the Google Pay application from the Google Play store.
  2. When the installation is complete, simply add the card by scanning the card number and entering other payment data. Google will then send you the registration code you will enter in the application.
  3. And that's it! You can immediately start using the service in shops labelled with the contactless payment logo.

Note: You may add more than just one card in your application and choose one of them as the main card. One card may be added to up to 5 devices running on the Android operating system.

 


Contact details:   

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

E-mail: petr.plocek@unicreditgroup.cz

Tel. No.: 606 694 156

 

4.12.2019 - UniCredit Bank launches Apple Pay for Visa cards

Searching for payment cards in your pockets or wallets is over. UniCredit Bank launches the Apple Pay service for Visa premium, credit and debit cards for its clients in the Czech Republic and Slovakia from 4 December. UniCredit Bank's Visa cards can be uploaded into your digital wallet (Wallet) in some of your Apple smart devices and used for making convenient and secure payments owing to the NFC technology.

 

Since its launch, the Apple Pay service enjoys widespread popularity. For the last month, UniCredit Bank clients spent nearly CZK 100 million in 225,000 Apple Pay transactions, i.e. CZK 500 per payment and CZK 7,500 per each active client per month. Based on UniCredit Bank data, the number of users of this form of contactless payment is constantly rising, which means thousands of new clients a week.


The new service is available to UniCredit Bank clients with a Visa card who own an Apple device. With Apple Pay, clients can make contactless payments in shops and on the Internet.


Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.


Apple Pay contactless payments can be made via individual Apple devices – iPhone, Apple Watch, iPad or MacBook. If clients want to have their card uploaded into several devices, they need to upload it separately into the device to improve security. Apple Pay payments can be made at all contactless terminals, both at home and abroad, as well as by contactless payment cards – by putting the device near the payment terminal which allows for contactless payments. Moreover, the service can also be used for online transactions.


When paying for goods and services on the go in apps or Safari, Apple Pay works with iPhone 6 and later, iPhone SE, iPad Pro, iPad (5th Generation), iPad Air 2, and iPad mini 3 and later. You can also use Apple Pay in Safari on any Mac introduced in or after 2012 running macOS Sierra and confirm the payment with iPhone 6 or later or Apple Watch, or with Touch ID on the new MacBook Pro.

 


Contact details:   

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

E-mail: petr.plocek@unicreditgroup.cz

Tel. No.: 606 694 156

 

19.11.2019 - UniCredit Bank launches Google Pay for its clients

UniCredit awarded as the World’s Best Private Bank 2020 in Central & Eastern Europe as well as Best Private Bank for Entrepreneurs in CEE.


Country awards were also achieved for Best Private Bank in Austria (Schoellerbank), Czech Republic and Romania.

 

UniCredit  has been recognised by Global Finance magazine in its fifth annual World’s Best Private Banks Awards 2020 as the Best Private Bank in Central & Eastern Europe.

Additionally, UniCredit has also been selected for another regional award – Best Private Bank for Entrepreneurs in CEE – and country awards for Best Private Bank in Austria (Schoellerbank), Czech Republic and Romania.

 

The winners, as described by Global Finance, are the banks that best serve the specific needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth. The winners are not always the biggest institutions, but rather the best—those with qualities that individuals rate highly when choosing a provider.

The award ceremony will take place in February in New York.


It’s a great honour for us to be recognised as the world’s Best Private Bank in CEE and to receive further country recognitions in Austria, Czech Republic and Romania” commented Gianfranco Bisagni and Niccolo’ Ubertalli, CoCEOs Commercial Banking, CEE. We are proud of our ability to build sustainable relationships with our customers, so that they continue to choose us. These awards prove the value of our continuous efforts to be a leader in the delivery of innovative and relevant investment solutions to our wealth management clients in our all our markets.


We want to bring in private banking to the market the latest trends in wealth management, innovation, modern technology, UniCredit's global investment strategy and specific services such as Artbanking. The award from experts is a clear proof of the high quality of our private banking services, which are using thousands of Czech families in long-term with trust, ”says Tomáš Drábek, Member of the Board and Director of Retail and Private Banking of UniCredit Bank in the Czech Republic and Slovakia.

 


Contact details:   

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

E-mail: petr.plocek@unicreditgroup.cz

Tel. No.: 606 694 156

 

5.11.2019 - UniCredit Bank launches Google Pay for its clients

UniCredit Bank launches the Google Pay service for its client, owing to which you will make convenient, fast and secure payments in shops and on the Internet. The Bank’s clients can now connect their Mastercard debit card in the Google Pay application on any device running on Android or to their Google account. Google Pay can also be used for cash withdrawals from ATMs with contactless technology.

Almost one in ten Czechs pays by mobile phone today, while most mobile devices run on the Android operating system. Launching convenient and fast payments with Google Pay is a logical step for us. With the contactless payment service, clients can pay not only in brick-and-mortar shops, but also at thousands of online shops including the most popular ones,” explains Tomáš Drábek, Member of the Board of Directors and Head of Retail and Private Banking at UniCredit Bank.

As of today, Google Pay is available to UniCredit Bank clients holding one of the Mastercard debit cards. Installation and use of the service is simple and completely free-of-charge. The service works on mobile phones running on Android 5.0 and higher with NFC technology for contactless payments.

You can make quick and easy payments in any brick-and-mortar shop that accepts contactless payments.

As regards amounts up to CZK 500, just turn on the phone's display and attach it to the contactless terminal. As regards higher amounts, you need to unlock your phone with your fingerprint, password or some other form of security. Confirmation of transaction will be displayed immediately after payment directly in the application. Google Pay also places great emphasis on payment security. The uploaded debit card number is not stored on your mobile device. The device uses an encrypted and secure token.

Clients with a Google account can also use Google Pay to make payments on the Internet. It is also possible to connect a payment card to your Google account and pay conveniently without having to fill in online payment forms. The service currently supports the Global Payments Europe, PayU and GoPay payment gateways, which are used by most Czech online shops. You can pay with Google Pay in more than 10,000 Czech online shops, from electronics to tickets, books, online pharmacies or mobile operators.

 

How to start using Google Pay with a Mastercard debit card from UniCredit Bank?

  1. Download the Google Pay application from the Google Play store on your mobile device.
  2. Once installed, simply add the card to the application by scanning the card number and typing in additional payment information.
  3. Google will send you the registration code you enter into the application.
  4. Everything is done and you can start paying with the card immediately in places marked with the contactless payment logo.
  5. You can add more cards to the application and choose one to use as the main card.
  6. You can also add a single card to up to 5 devices running on Android operating system.

 

Contact details:   

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

E-mail: petr.plocek@unicreditgroup.cz

Tel. No.: 606 694 156

 

20.9.2019 - UniCredit joins Global Week of Climate Action promoting staff engagement on the topic

UniCredit is joining the Global Week of Climate Action (20-27 September) in recognition that companies and the society at large need a new approach to build a sustainable future. The bank’s staff is encouraged to spend one hour on Friday 20 September 2019 focused on the topic of climate change. Employees are asked to exchange ideas with colleagues and clients about what is already being done to combat climate change and what else can UniCredit do to make a difference.

Staff has also been asked to share their best ideas through which the group can contribute to protecting the sustainability of the environment. Approximately 500 ideas have already been put forward by colleagues for evaluation.

Jean Pierre Mustier, UniCredit CEO, commented: “To take care of our world, we can no longer continue with ‘business as usual’. We need a new approach to build a sustainable future. This is an important challenge for both people and businesses. It has an impact on current and future generations, which is why we need to create awareness on this and work together as One Bank, One UniCredit, to identify new, smarter solutions to protect our future.”

UniCredit’s support of the Global Week of Climate Action through employee engagement is part of the group’s wider sustainability efforts. This includes the ongoing review of current business policies to assess the need for updated or new guidelines with regards to climate change. Some of the bank’s wider sustainability efforts further include:

 
Decreasing operational emissions – 60 per cent by 2020: In 2018, the bank decreased its operational emissions by 49 per cent compared to 2008 – on target for the 2020 goal (long term target is a reduction of 80 per cent by 2030).


Increasing use of renewable energy: Last year, 78 per cent of the group’s total electricity consumption came from renewable energy sources.


Make premises and data centres more energy-efficient: UniCredit has so far installed centralised, remote-controlled heating, ventilation and air conditioning systems in around 1000 branches and energy monitoring devices in 800 branches.


Reduce the environmental footprint, operational costs and emissions of
the group
: In 2018, UniCredit reduced its office space by 172,000 square metres in Western Europe alone.

       
Plastic-free project: The bank has launched a plastic-free project in line with the European Directive 2018/0172 in order to significantly reduce the use of plastic across UniCredit’s offices and branches by 2020.

 

Milan, September 20, 2019

 

Enquiries

UniCredit Media Relations e mail: mediarelations@unicredit.eu 

13.9.2019 - Hana Čitbajová appointed a new Head of Human Resources Management at UniCredit Bank

Hana Čitbajová became a new member of the Executive Committee and Head of Human Resources Management at UniCredit Bank Czech Republic and Slovakia. Her appointment is effective from September 2019.

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Being with UniCredit Group on various key positions in several countries since 2003, Hana Čitbajová gained experience in HR management, cost management, business development and mergers and acquisitions. She also managed several key processes related to performance, compensation and benefits policy.

Hana Čitbajová started in training and development at UniCredit Bank Slovakia. In 2009, she became Global HR Business Partner for CFO and Identity&Communication in Milan, Italy. From 2011, she worked as Senior HR Business Partner for CEE Division in Vienna, Austria, moving to similar position in UniCredit Bank Czech Republic two years later. From 2015, she posed as Head of Human Resources at UniCredit Bulbank in Bulgaria.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

3.9.2019 - UniCredit Bank launches first contactless charity kiosks

Place the card, beep and contribute to a good cause? Charity kiosks from UniCredit Bank in cooperation with SoNet, Payment4U and Mastercard, will be the first on the market to enable charity contribution using contactless payment card or mobile wallet. Thus, the donation process speeds up, attracts attention of more donors and connects the charity and modern technologies. First kiosks will be tested in the Prague´s St. Vitus Cathedral, the St. Nicholas Church at the Lesser Town square and in the Church of Our Lady Victorious and of the Prague Infant Jesus and in the flagship branch of UniCredit Bank at Náměstí republiky, Prague 1.

At first, UniCredit Bank will provide ten kiosks in total and offer them for free to selected charity institutions in the Czech Republic and in Slovakia. The experience from abroad shows that the predefined amount of contribution connected with card payment or mobile wallet option results in increased contributions by as much as 30 %.

Our aim is to provide products and services with a positive impact on the society. I am very pleased that UniCredit Bank as the first one on the Czech and Slovak market has launched contactless charity kiosks which are an innovative step in the modern banking in the right way. Thanks to them, Czech and Slovak non-profit organisations can get more contributions for good causes and will be connected in new modern and transparent way of payments for charity,” says Paolo Iannone, General Manager of UniCredit Bank.

We are pleased to participate in the pilot launch of charity kiosks with our projects and we have a number of them in stock,” adds Antonín Juriga, Chief Executive Officer of Archbishopric of Prague with a smile. “We will be grateful for every donation to the St. Vitus organ in the cathedral and we would like to thank on behalf of our little ones in the baroque environment of St. Nicholas at the Lesser Town square or in the premises of UniCredit Bank, as the donations collected here will be donated to the new Don Bosco school, which offers shelter for disabled children.

Lenka Bukalová, Head of Trade and Marketing at Sonet: “We are glad to participate, together with Payment4U company, in the development of the charity kiosk that brings a universal solution of contactless payment across countries for organisations that are fully or partially dependent on contributions from third parties,“ says the representative of the company SoNet that provides banks and merchants with complex services within payment technologies and that cooperates in the project of mentioned charity kiosks.

 

Simple, safe, unpretentious operation

The charity kiosk will suit to all organisations that are fully or partially dependent on the third-party support. It can be used in church institutions, charity and humanitarian organisations, associations for restoration of cultural monuments or in zoological gardens.

The donation by a contactless payment card or mobile wallet is simple, quick and safe (no need to handle any cash) and transparent. The visitor can see the amount of donation and the transaction confirmation thanks to an intelligent LED system, including the thank-you note at the end of the process.

With their design, the kiosks do not interfere with venues usually intended for contemplation or praying. They do not require a wired internet connection and can be placed anywhere in the venue. Their operation is ensured by batteries that need to be recharged approximately every week.

This is not the first contactless-payments product for UniCredit Bank. The bank has always belonged among leaders in self-service payment terminals. For example, the Bank was first to have had launched card payments for self-service parking machines.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

20.8.2019 - Start investing regularly and get a 2 per cent reward with UniCredit Bank

Do you know that you should save at least one tenth of your monthly income to create a sufficient financial buffer? Thanks to UniCredit Bank and the U invest Plus programme, you can start investing with just CZK 500 on a regular basis. You will create a necessary financial buffer and you will also be able to achieve attractive returns. Moreover, you will receive a reward of 2 per cent of your investment’s value from the Bank after one year.

 

UniCredit Bank guarantees the reward amounting to 2 per cent of the investment’s value for everyone who complies with the campaign’s terms and conditions. Join the U invest Plus regular investment programme from 15 August until 31 October 2019 and make your first regular monthly payment no later than 30 November 2019. If you can invest regularly throughout the year, you will get a reward amounting to 2 per cent of the value of the money you invested.

 

At a time of low interest on current, savings and term accounts, investments are a suitable instrument to make your dreams come true. Start making regular investments in just three simple steps. First you choose the monthly amount, starting from as low as CZK 500 a month. Then you choose between three investment strategies – conservative, balanced or dynamic. Conservative investments are generally less risky, but at the same time they yield lower returns; as regards dynamic investments, it's the other way around.  A balanced strategy combines both approaches. In the last step, you decide for how many years you want to invest.

 

With the U invest Plus regular investment programme from UniCredit Bank, you have your funds available at any time, you can interrupt your investment at any time, withdraw the required amount or renew your investment. All for free. A diversified portfolio, managed by experts of Amundi Asset Management, a leading European asset management company, as well as the periodicity and long-term investment help reduce the risks arising from possible market volatility.

 

More information about the campaign and regular investment possibilities is available on the UniCredit Bank website.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

18.7.2019 - UniCredit Bank launches Apple Pay

Searching for payment cards in your pockets or wallet is over. UniCredit Bank launches the Apple Pay service for its clients. UniCredit Bank's Mastercard debit cards can be uploaded into your digital wallet (Wallet) in Apple smart devices and used for convenient and secure payments with NFC technology. After all, 40 per cent of the Czechs confirm that they want to use or already use Apple Pay or another mobile payment and digital wallet.

 

From mid-July, the new service will be available to UniCredit Bank clients with Mastercard cards who own an Apple device. With Apple Pay, clients can make contactless payments in shops, on the Internet, and withdraw cash from ATMs using contactless technology.

 

Introducing Apple Pay is another step towards the strengthening of our long-term relationship with clients,” says Tomáš Drábek, Member of the Board of Directors and Head of Retail and Private Banking at UniCredit Bank. More than 40 per cent of the Czechs normally carry two or more payment cards. Thanks to Apple Pay, clients no longer need to search for their plastic card in their wallet or write down card data when paying on the Internet. All they need to do to make payments is simply use their smartphone or smartwatch that are always at hand,” adds Tomáš Drábek.

 

Bank´s public survey showed that 40 per cent of respondents use or want to use Apple Pay services or another mobile payment and digital wallet. The clear majority of respondents (85 per cent) said that the main reason for using pay-by-phone services is the convenience and speed of such services; 45 per cent of respondents further confirmed that they like to use modern services, and almost 30 per cent want to have all their cards in one device.*

 

 

We are really glad that another major bank introduces their clients to the Apple Pay payment service, which, following its kick-off in the Czech Republic in February, helped revive interest in payment innovations and paying by mobile phone substantially. Apple Pay’s benefits include speed, comfort and safety of transactions, which is ensured by the tokenization technology of Mastercard allowing for reliable connection of the mobile device with the payment card,” says Luděk Slouka, Director of Product and Innovation Development at Mastercard for the Czech Republic, Slovakia and Austria.

 

Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.

 

Apple Pay contactless payments can be made via individual Apple devices – iPhone, Apple Watch, iPad or MacBook. If clients want to have their card uploaded into several devices, they need to upload it separately into the device to improve security.  Apple Pay payments can be made at all contactless terminals, both at home and abroad, as well as by contactless payment cards – by putting the device near the payment terminal which allows for contactless payments. Moreover, the service can also be used for online transactions.

 

When paying for goods and services on the go in apps or Safari, Apple Pay works with iPhone 6 and later, iPhone SE, iPad Pro, iPad (5th Generation), iPad Air 2, and iPad mini 3 and later. You can also use Apple Pay in Safari on any Mac introduced in or after 2012 running macOS Sierra and confirm the payment with iPhone 6 or later or Apple Watch, or with Touch ID on the new MacBook Pro.

 

* Source: UniCredit Bank online survey of June 2019 made together with the IPSOS agency.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

22.5.2019 - UniCredit recognised as “Best Bank” in three Global Finance categories

UniCredit has been recognised in this year’s Global Finance Best Bank Awards, winning the following categories:

  • “Best Bank in Central and Eastern Europe”
  • “Best Bank in Bulgaria”
  •  “Best Bank in Croatia”

 

Gianfranco Bisagni and Niccolò Ubertalli, designated coCEOs of the UniCredit CEE Division commented : „We are pleased to have received this external recognition of our outstanding performance in the overall CEE region and, specifically, in Bulgaria and Croatia. These awards were earned thanks to the effort and commitment of our people to our customers, serving them through our simple, succesful pan-European commercial bank. We appreciate the opportunity to share this success with the UniCredit CEE population.”

 

These awards are based on a range of factors including:

asset growth, profitability, geographic reach, strategic relationships, new business development and product innovation as well as the opinions of equity analysts, credit rating analysts, banking consultants and others industry experts.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

14.5.2019 - The CEE opportunity: supporting growth in the region
  • Macro-economic outlook: CEE likely outperformer in emerging markets
  • Corporates and SMEs: confirming growth potential
  • Retail banking: human and digital capital driving growth
  • Green, social and sustainability bonds: growing commitment to ethics
  • CEE region confirmed as an important growth engine for UniCredit

 

MACRO-ECONOMIC OUTLOOK: CEE LIKELY OUTPERFORMER IN EMERGING MARKET

Growth in the CEE region will likely remain at a healthy pace in 2019 in most countries

 

External environment: A cyclical slowdown of global growth is expected in 2019 and 2020, mainly due to an expected technical recession in the US, where the current recovery period will likely be the longest on record. The slowdown in global trade has already materialised, with a short-term recovery expected this summer thanks to a probable rebound in German manufacturing, a potential trade deal between the US and China and looser global financial conditions once the Fed and the ECB have become more dovish. Later in 2019 and in 2020, the global slowdown will mainly be driven by the end of the cycle in the US. The euro area is expected to see economic growth slowing to 1.0 per cent in 2019 and 2020.

 

CEE likely outperformer in emerging markets: like the rest of the world, CEE will be affected by the global slowdown, however the region might be better placed than other emerging markets to face external headwinds thanks to the strength of domestic demand, supportive monetary policy and lower reliance on short-term volatile external funding. The economic environment is expected to remain favourable in 2019. After a peak in 2018, GDP in the EU-member CEE countries is expected to continue to grow above expected long-term rates with Poland, Hungary, Bulgaria, Slovakia, Serbia and Slovenia all above 3.2 per cent YoY. Russia is expected to grow close to 1 per cent while Turkey is undergoing its first recession since the global financial crisis but could return to growth in 2020. 

   

CORPORATE AND SMEs: CONFIRMING GROWTH POTENTIAL

UniCredit to leverage on expected CEE GDP growth in 2019 with the region reaping the benefits of being an open economy and Foreign Direct Investments and EU Funds playing a relevant role for the economy and ensuring growth potential for corporate sector and SMEs.

Corporate sector and M&A market: The CEE corporate sector remains conservative in terms of financing, focusing mostly on traditional bank lending. There is still room for growth in terms of debt and equity financing, although largely dependent on each country’s specific factors.
M&A in the region has seen the highest deal value of the last 5 years in 2018, though far below historical highs. There were 222 transactions in 2018 (254 in 2017), with the consumer sector being the most active, with 48 deals followed, by TMT and FIG. In 2018, UniCredit was involved in 20 transactions in the CEE region – more than any other investment bank. This positions UniCredit as the leader in M&A league tables in terms of number of transactions for the fifth consecutive year.

CEE shows dynamic corporates and SMEs supporting the economic growth: UniCredit offers a full range of banking products and services to Corporates and SMEs and is focused on further improving its offer, in order to anticipate and meet clients’ needs. The CEE SME sector employs 11.4 million people in 3.2 million enterprises, creating EUR 195 million of economic added value.
It is largely impacted by trends imposed by the fast changing environment, that are creating new needs to be addressed by banks – regulatory impacts, capital markets and digitalisation. Among other initiatives, in the SME sector UniCredit provides support through the dedicated UniCredit CEE Lounge - an exclusive partnership with the London Stock Exchange Group’s ELITE initiative, helping them better understand the various funding options available, as well as prepare them to interact with investors, which might be required to support their future growth. To date, the UniCredit CEE Lounge has admitted more than 60 companies from 11 countries across UniCredit's CEE network. UniCredit also continues to facilitate access to EU fund opportunities, that play a very important role in CEE (approx. 90 billion EUR in 2014-2017, 18% of EU budget).

 

Andrea Diamanti, Head of CEE Corporate and Investment Banking and Private Banking, UniCredit stated: “As the largest lender in the region and a strong partner of our clients and the communities in which we operate, we strive to support their development and growth. Our strength lies in our deep knowledge of local markets, our strong international network and our continued investments in digitalisation to meet and anticipate clients’ needs.

 

RETAIL BANKING: HUMAN AND DIGITAL CAPITAL DRIVING GROWTH

Human capital, digital readiness and the technological footprint are the features that make CEE geographies the ideal ground for digitalisation, growth and development.

CEE Banking sector efficiency: CEE and Western European markets have similar populations of approximately 150 million citizens where convergence is occurring, pushing up incomes and nominal GDP to the levels of EU average. However, CEE markets in the Retail Banking business have room to grow thanks to:

  • lower banking costs of CEE Banks that can serve similar populations with contained operative costs and greater efficiency in terms of employees, branches and ATMs
  • less penetration in terms of volumes/GDP Retail loans market size (ca. 9 per cent vs ca. 14 per cent)
  • a faster digitalisation rate, due to smaller technological legacy, resulting in higher speed of broadband coverage and in faster online  penetration growth (76,3 per cent)

 

Ivan Vlaho, Head of CEE Retail in UniCredit commented: “UniCredit serves more than 15 per cent of the CEE banking population with one of the largest networks in the region and a truly multichannel approach. We leverage on data analytics to really know our customers and to provide them with the best customer experience through every channel, thanks to our best practice sharing and competence centers, while simplifying our processes at the same time. This commitment is having positive results. The size of our customer base is growing and the number of mobile banking users also increased from 13 per cent in 2015 to 40 per cent today”.

 

GREEN, SOCIAL AND SUSTAINABILITY BONDS: GROWING COMMITMENT TO ETHICS

The growing interest to Green financing sources, like Green Bonds, shows evidence of businesses appreciating sustainability values and its commitment to being good corporate citizens.

Market development by outstanding volume: Issuance volumes are growing apace. Green bond issuance reached a peak of USD 167 billion in 2018 (increasing by 5.8% yoy) despite lower issuance volume in the global bond market. For 2019, we expect green bond issuance to increase further, to USD 170 billion (up by 1.7% yoy). Issuance volumes in Europe reached USD 66 billion in 2018, contributing 40 per cent to total new issuance in 2018. We expect European issuers to bring USD 72 billion into the primary market in 2019 (comprising 42 per cent of total new issuance of green bonds).

UniCredit a pioneer to bring green bonds to the market: UniCredit has been active in the market for Green, Social and Sustainability Bonds from the start, being the Joint Lead Manager in the European Investment Bank’s climate Awareness Bond in 2007. UniCredit has since underlined its expertise through numerous mandates in landmark Green Bonds. In CEE Slovenia's promotional and development bank SID Banka successfully priced in 2018 its  naugural Green Bond transaction (EUR 75 million) being the first Green Bond from an issuer in Slovenia. UniCredit acted as sole bookrunner & green bond structuring bank.

 

CEE region confirmed as an important growth engine for UniCredit

CEE continues to be an important growth engine for the Group with a further strengthened leadership position and continued strong client growth in 2018. UniCredit is the largest lender in the CEE region (EUR 65.33 billion) with 11.6 per cent market share in lending and solid growth in the last 5 years. UniCredit is ranked as #1 in CEE overall in terms of total assets, and in the top 5 in most individual CEE countries.


UniCredit’s customer base in CEE is constantly growing towards the target of 2.6 million net new customers by the end of 2019. The quality of the portfolio is also improving, with the ratio of gross NPEs reduced by 152 basis points (from 7.9 to 6.4 per cent) in FY18 when compared to FY17.

As a result, the return on allocated capital stood at 15.7 per cent in 2018, once again underlining the strong profitability of the CEE division.

UniCredit’s success in the region is based on its solid franchise - one of the largest and most diversified in CEE, 1663 branches in 11 countries - with strong local coverage and relationship management and the ability to leverage global product lines, “best-in-class” services and the know-how of the Group to best serve its customers. UniCredit’s market position in CEE provides local banks with a substantial competitive advantage thanks to strong brand recognition, access to international markets, sharing of best practice and significant economies of scale.

 

About UniCredit

UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise: 26 million clients.

UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 14 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey. Leveraging on an international network of representative offices and branches, UniCredit serves clients in  another 18 countries worldwide.

For more information, please go to www.unicreditgroup.eu/en.

 

 

Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

26.4.2019 - UniCredit supported 6 companies in joining the ELITE network
  • The UniCredit ELITE CEE Lounge supports fast-growing companies from Central and Eastern Europe
  • ELITE facilitates business model upgrades and encourages corporates networking across UniCredit's CEE countries
  • 2 companies from 2 CEE countries – Bulgaria and Serbia – have joined in the ninth cohort of the UniCredit CEE Lounge today; additional 4 SMEs joined ELITE thanks to the special cooperation between UniCredit Hungary and Budapest Stock Exchange

 

UniCredit CEE is pleased to announce 2 new companies joining the innovative the ELITE international ecosystem today. UniCredit CEE Lounge is part of ELITE, London Stock Exchange Group's international business support and capital raising platform and focuses on helping to accelerate the growth of promising companies.

 

The new joiners are companies from two Central and Eastern European (CEE) countries where UniCredit has active operations. To date, the UniCredit CEE Lounge has admitted 48 companies from 11 countries across UniCredit's CEE network.

 

The UniCredit CEE Lounge aims to help SMEs with their future growth, increasing their awareness of capitalmarkets and of the available ways to attract funding. The programme also helps the companies to establish a direct dialogue with relevant investors. The companies that joined the previous cohort are currently in the process of their executive training.

 

This ninth cohort of the UniCredit CEE Lounge is comprised of the following companies:

  • ASIGEST - I&G BROKERS, Bulgaria
  • TERMOVENT, Serbia

 

Additionally, as a result of the special cooperation between UniCredit Hungary and Budapest Stock Exchange, four new companies joined this cohort:

  • CORECOMME SI, Hungary
  • SOMOGYI, Hungary
  • VIA BERAUTO, Hungary
  • GSV, Hungary

   

"We are proud that our partnership with ELITE has proven to be very successful,said Andrea Diamanti, Head of UniCredit Corporate and Investment Banking and Private Banking in CEE.

This initiative underscores our strong belief in the potential of the most-ambitious mid-sized companies in CEE, and helps us to support them in upgrading their business models and boosting their growth. ELITE is also an innovative way for the companies to better understand their needs and strategies. It brings growing businesses together and gives them the opportunity to inspire each other, exchange ideas, share best practices and identify mutual business opportunities.

 
 

Luca Peyrano, CEO, ELITE: “We are delighted to witness increasing interest in ELITE from companies across the CEE region, validating and highlighting the importance of partnerships like the consolidated cooperation with UniCredit CEE and Budapest Stock Exchange. ELITE is delighted to support CEE’s region most ambitious SMEs, connecting them to capital and supporting them to compete on a global stage, as well as working to develop a connected funding ladder for such businesses.

 

Since its launch in 2012,ELITE has supported over 1100 international companies.  ELITE is a platform and ecosystem that helps private, ambitious companies grow, offering them access to education, business support and direct contact with the international financial and advisory community. Management teams are guided on how best to fast-track their development, how to access the most suitable funding for their needs, whether private equity, venture capital or the bond or equity markets, and given advice on building their profile and reach. ELITE is designed to meet the individual needs of each company selected for the UniCredit CEE Lounge, with UniCredit contributing to training modules and tutoring as well as providing access to its own tailored SME support services. Please read more at www.elite-growth.com.

 

 

Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

4.4.2019 - Paolo Iannone has become General Manager of UniCredit Bank

UniCredit Bank has changed the organisational governance structure of its top leadership team. Paolo Iannone, Deputy CEO and Vice-Chairman of the Board of Directors has become General Manager.

Apart from currently leading the business divisions of retail, private, corporate and investment banking, and Global Banking Services division, Paolo Iannone will also be newly leading the Slovak Branch and the business enabling functions – namely Human Resources and Identity & Communication. He will still hold his office of Vice-Chairman of the Board of Directors with reporting line to the chairman of the Board of Directors and CEO of the bank, Jakub Dusílek.

 

Paolo Iannone has forty years of solid experience within UniCredit Group, of which twenty are in top leadership positions. Within the top leadership at UniCredit Bank in the Czech Republic for more than ten years, he initiated and was driving the bank’s transformation in a fully-fledged universal bank.

 

Before joining the Czech and Slovak markets, Paolo Iannone was Vice-Chairman of the Board of Directors at the Polish Bank Pekao. Previously he was responsible for the development of retail banking in New Europe Division of UniCredit.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

29.3.2019 - UniCredit joins Earth Hour 2019 across 14 countries

Tomorrow, Saturday 30 March at 8.30pm, UniCredit will turn off the lights in 74 buildings across 14 countries (Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Germany, Hungary, Italy, Romania, Russia, Serbia, Slovenia, Slovakia, United Kingdom) for sixty minutes marking the Group's twelfth consecutive year of participating in Earth Hour, the World Wildlife Fund’s (WWF) global initiative which brings together citizens, institutions and companies in a common goal to give the world a sustainable future and combat the challenge of climate change.

 

Giuseppe Zammarchi, Head of Group Sustainability and Foundation, said: “We participate in Earth Hour every year as part of our wider efforts to support sustainable development and the conservation of the environment. In particular, UniCredit’s climate strategy calls for a major reduction in our operational emissions of greenhouse gases. The Group’s target is to reduce carbon emissions by 60 percent by 2020, and the long-term target is a reduction of 80 percent by 2030.

 

In 2018, UniCredit achieved an overall reduction of 49 percent versus its 2008 emissions. The Group accomplished this by enhancing energy efficiency, reducing its office space by 172,000 square meters in Western Europe, offering smarter ways to use workspaces, and by increasing the digitalisation of its banking operations. We continue to use new technologies to reduce the environmental footprint, costs and emissions of our operations.

 

UniCredit’s Austria Campus, the new headquarters of UniCredit Bank Austria AG, opened last year is among the Group buildings to switch off their lights. Austria Campus unites UniCredit Bank Austria, the Bank’s CEE units and all the other Group companies based in Vienna in one location. Austria Campus has been one of the largest relocation projects in Central Europe, including 5,300 employees together with the IT infrastructure who were relocated to the new company headquarters without any interruptions to business. The Campus has its own system for extracting geothermal energy, which is one of the largest in Europe in terms of area. The energy it produces is used for basic heating in the winter and cooling in the summer, in compliance with all the relevant environmental regulations.

 

The main buildings participating in Earth Hour this year are listed below:

 

Country City Adress
Austria


Vienna


Campus, Rothschildplatz 1
Campus, Rothschildplatz 4
Danube Tower
Bosnia and Herzegovina
Mostar
Kardinala Stepinca bb
Sarajevo
Zelenih beretki, 24
Bulgaria Sofia 7, nám. Sveta Nedelya
14, ul. Gyueshevo
8, ul. Aksakov
Ruse 5, nám. Sveta Troitsa
Varna 1, ul. Petko Karavelov
Burgas 22, Alexandrovska ul.
Stara Zagora 126, Simeon Veliki Blvd.
Plovdiv 4 Ivan Vazov Str.
Croaria Zagreb
Samoborska, 145
Resellova, 4
Vlaška cesta
Trg bana Josipa Jelačića, 10
Czech Republic
Prague 4, Želetavská 1 – Filadelfie
1, Náměstí Republiky 3a - Bankový dům
Germany Munich HVB Tower, Arabellastrasse, 12
HHO, Arabellastrasse, 14
KF14, Kardinal-Faulhaber-Str., 14
Hungary
Budapest Szabadság tér 5-6
Italy


Milan
UniCredit Tower A - Piazza Gae Aulenti, 3
Cologno Monzese
Via Volta, 1
Bologna
Via del Lavoro
Reggio Emilia
Via Rivoluzione di Ottobre 16
Rome
Via Tupini, 180
Largo Fochetti, 16
Largo Anzani
Genova
Via Dante 1
Palermo
Via Ruggiero Settimo, 26
Romania
Bucharest UniCredit Tower, Bulevardul Expoziției 1F
Fabrica de Glucoza, 5
Iasi Strada Palas Nr. 5C
Russia Moscow Prečistenskaja emb., 9
Butikovského ul., 9
Novočerkasského ul., 18/1
1. Kazachská ul., 9/1
1. Tversko-Jamská ul., 28/1
Ul. Leningradská, 44
Ul. Bolšaja Gruzinskaja, 58/60
Ul. Komsomolská, 44
Ul. Leninská, 70/11
Ul. Ostoženka, 5
Pjatnickaja ul., 14/1
Zuborský bulvár, 29
St. Pietroburgo
Fontanka emb., 2/48
Novatotov blvd., 8A
Moskovská ul., 193A
Moskovská ul., 192-194
Efimova ul., 4a
Novočerkasského ul., 43/17
Ekaterinburg Ul. Nikolaja Nironova, 4
Nižný Novgorod Kostina ul., 20
Novosibirsk Ul. Maxima Gorkého, 53
Chelyabinsk Ul. Karla Marxa, 38
Krasnodar Stavropolska ul., 41
Perm Monastyrska ul., 41
Samara Čapajevova ul., 178
Rostov-on-Don Socialistická/ Serafimovičova ul., 58/51
Kaluga Puškonova ul., 1/20
Voronezh Komissarževská ul., 13
Ufa Kirova ul., 27
Volgograd Novorosijskaja ul., 11
Stavropol Dovatortsevská ul., 38A
Serbia Belgrade Rajiceva ul., 27-29
BBC, Jurija Gagarina, 12
Blue House Center, Spanskih boraca, 3
Jurija Gagarina, 30
Jurija Gagarina, 12
Slovenia
Ljubljana
Šmartinska cesta 140
Slovakia
Bratislava
Šancová 1/A
United Kingddom
London
Moor House 120, London Wall

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

27.2.2019 - UniCredit named best distributor of structured retail products in Austria, Germany, Italy and Slovakia

Annual industry awards recognise UniCredit’s excellence both as a distributor in its core markets and as Europe’s best private bank

 

UniCredit’s retail and private banking networks have once again been recognised for their achievements in the distribution of structured products and certificates, coming away with a clutch of awards at Structured Retail Products’ SRP Europe Conference 2019, including:

 

  • Best Distributor, Germany & Austria
  • Best Distributor, Italy
  • Best Distributor / Best Performance, Austria
  • Best Distributor / Best Performance, Slovakia

 

Algis Pabarcius, UniCredit’s Head of Markets Sales, said: “We are delighted to have been recognised by SRP at this year’s conference, with these outstanding achievements the result of our fully plugged-in CIB. Our clients receive the highest standard of customer service, benefiting from close synergies with our distribution networks.”

 

UniCredit’s Private Investor Products team is responsible for the distribution of Markets products across all asset classes to the Group’s extensive client franchise. Acting as a sales organisation and product manufacturer, it develops best-in-class solutions to meet a broad spectrum of investment needs.

The SRP awards remain the only quant-driven, independent awards for the structured products industry and are based on sales volume and performance data. This year’s results are the culmination of a comprehensive data analysis performed by the publication covering the period of 1 October 2017 to 30 September 2018.

 

At the same event, UniCredit Private Banking was also recognised as the Best Private Bank Europe.

 

Pabarcius added: “Our primary focus is to help our clients gain greater control over their portfolios. The number of our private banking clients investing in structured products and certificates remains at a consistently high-level in Germany and across CEE. In addition, Italy and Austria have experienced 10% growth during the time surveyed.

UniCredit Private Banking offers a full range of services and customisable products to over 260,000 clients in 14 European countries, addressing the complexity of markets with clear and transparent strategies to protect and optimize client wealth .

 

UniCredit

 

UniCredit is a simple, successful pan-European commercial bank, with a fully plugged-in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise of 26 million clients.

UniCredit offers local expertise and international reach, supporting its clients globally and providing them with unparalleled access to leading banks in its 14 core markets as well as 16 other countries worldwide. UniCredit European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey.

 

Structured Retail Products

 

Structured Retail Products (SRP) is part of Euromoney Institutional Investor PLC, one of the largest media groups in Europe and a member of the FTSE 250. SRP was founded in 2001 in response to an increasing need from the derivatives and structured products market for the highest quality market intelligence.

SRP’s Mission is to educate by demystifying the industry, using data, news and events to showcase the value of structured products. SRP owns and maintains the specialist industry website

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

22.2.2019 - Euromoney’s Private Banking and Wealth Management Survey has recognised UniCredit as a leader in Private Banking and Wealth management in 2019

The Euromoney Private Banking and Wealth Management Survey recognises the leading providers of private banking services and this year collected 2230 responses from across the industry.

 

UniCredit has been recognised as a leader across several categories of the survey, the winners of which were announced at a gala dinner in London last night.

 

UniCredit won in the following categories:

  • Central & Eastern Europe
  • Asset Management
  • International Clients
  • Net-worth-specific services
    • subcategory: Ultra High Net Worth clients (Greater than US$ 30 million)
  • Net-worth-specific services
    • subcategory: High Net Worth clients (US$ 5 million to US$ 30 million)
  • Net-worth-specific services
    • subcategory: Super affluent clients (US$ 1 million to US$ 5 million)
  • Research and Asset Allocation Advice
  • Succession Planning Advice and Trusts
  • Technology
 

Austria

  • Net-worth-specific services
    • subcategory: Super affluent clients (US$ 1 million to US$ 5 million)
     
     

Croatia

  • Asset Management
  • Net-worth-specific services
    • subcategory: Super affluent clients (US$ 1 million to US$ 5 million)
  • Research and Asset Allocation Advice
  • Succession Planning Advice and Trusts

 

Hungary

  • Research and Asset Allocation Advice

 

Romania

  • Best Private Banking Services Overall
  • Net-worth-specific services
    • subcategory: High Net Worth clients (US$ 5 million to US$ 30 million)
  • Technology

 

Slovakia

  • ESG/Social Impact Investing

 

Andrea Diamanti, head of CEE CIB &PB said: We are very pleased to receive this recognition from the results of the 2019 Euromoney Private Banking and Wealth Management Survey and I want to congratulate all the colleagues who have contributed to this success. These awards confirm that we are recognised as leaders by our peers. In fact, more than 2000 private bankers took part in the 2019 survey. This also demonstrates that our clients in Western, Central and Eastern Europe appreciate our efforts to offer the best possible service and best investment solutions. We are constantly fine-tuning our service approach and investing in new technologies to continue meeting evolving client needs.”

 

The Euromoney Private Banking and Wealth Management Survey provides a qualitative review of the best services in private banking, by region and by area of service. It is an informative guide for high net-worth individuals on the range of professional wealth management service providers that are available.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

21.2.2019 - UniCredit launches Group-wide Social Impact Banking

Following the successful first year of operations in Italy with € 72.9 million of impact financing approved, SIB will be launched in ten additional markets in 2019. The roll out will be supported also through the sale of the art collections in Italy, Germany and Austria.

 

The Social Impact Banking (SIB) initiative of UniCredit in Italy has approved € 72.9 million of impact financing to date, including 31 impact financing loans amounting to € 32.6 million and 2,050 microcredit loans amounting to € 40.3 million. A total of € 47.8 million have been disbursed. See more details on the key achievements below.


UniCredit is extending the initiative on a gradual basis to the other markets of the Group in 2019, including: Germany, Austria, Serbia, Croatia, Hungary, Bulgaria, Romania, Turkey, the Czech Republic and Slovakia, and Bosnia and Herzegovina. The SIB model to foster positive social impacts will be adapted in each market according to local needs. The wider rollout of SIB in 2019 is fully in line with the initial ambitions of the project and with UniCredit’s strong commitment to helping to develop the communities in which the Bank operates. The further rollout will also be supported by a progressive sale of UniCredit’s local art collections in Italy, Germany and Austria, with initial proceeds of around € 50 million. Some art pieces will be donated to local museums. The proceeds will primarily be reinvested in SIB initiatives. The rest of the proceeds will be dedicated to other relevant projects, including the local support of young artists.

 

Jean Pierre Mustier, UniCredit CEO, commented: “At UniCredit, we are proud that all our actions are guided by a strong sense of ethics, based on clear values. One of these is the importance of supporting our local communities everywhere where the Bank is present. Our Social Impact Banking initiative has achieved great results so far in Italy and we are now extending it to other markets with the same core purpose of looking beyond economic returns in our investments to achieve a tangible positive impact on society. We will gradually sell our art collections to support this initiative, giving some of our art pieces to local museums and investing in younger artists.”

 

Social Impact Banking is UniCredit's commitment to building a fairer and more inclusive society. Its aim is to identify, finance and promote people and enterprises that can have a positive social impact. The approach seeks to generate both, economic returns of our investments and wider societal benefits. As well as continuously providing credit to projects and organisations that are generally excluded from traditional banking products and services, SIB allows UniCredit to share its financial and business knowhow through educational initiatives dedicated to micro-entrepreneurs, social enterprises and vulnerable or disadvantaged groups, including young people, the elderly and others at risk of social exclusion. The engagement of UniCredit’s employees is a key driving force behind the training and support activities provided through SIB, which help build valuable networks within the communities where the Bank operates, bringing people together to share positive experiences and raising awareness of relevant projects to increase their potential societal impact. SIB also has a strong focus on monitoring and the measurement of outcomes, which is essential for ensuring the sustainable growth of both the sponsored projects and the Bank’s investment returns. The aim is to measure not only the direct, but also the indirect positive impacts generated by the projects backed in terms of social and economic well-being within UniCredit’s communities.

 

Overview of Social Impact Banking achievements in Italy in 2018

  • € 72.9 million of impact financing approved of which € 47.8 million have been disbursed
  • This includes the approval of 31 impact financing loans amounting to € 32.6 million and 2,050 microcredit loans amounting to € 40.3 million
  •  86 partners on-boarded
  • 15,800 students involved in financial education programmes provided in the academic year 2017-18 and 14,900 students involved in the academic year 2018-19, including over 9,500 new students bringing the total number of unique participants served to more than 25,300 to date
  • 1,245,000 certified training hours delivered, out of which 840,000 hours were dedicated to projectbased learning
  • 76 per cent of students say they were satisfied or highly satisfied with the programme(s) and 85 per cent considered the contents either useful or very useful
  • 370 UniCredit tutors involved in training delivery

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise: 26 million clients. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 14 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

1.2.2019 - UniCredit has been recognised as a Top Employer in Europe in 2019

Local Certifications were achieved in Italy, Germany, Russia, Croatia and Bulgaria.

UniCredit is proud to announce that it has been officially certified by the Top Employers Institute for the second year running for its exceptional employee offering, reaffirming the Group’s status as a great place to work.

The annual, international research undertaken by the Top Employers Institute recognises the leading employers around the world: those that provide excellent employee conditions, nurture and develop talent throughout all levels of the organisation and strive to continuously optimise employment practices.

The European level Top Employers Certification was awarded thanks to the local Certifications achieved by UniCredit in Italy, Germany, Russia, Croatia and Bulgaria as in 2018.

The Top Employers Certification is based on a thorough research process and a set of required standards. All the data was independently audited, verifying UniCredit's outstanding employee conditions and earning the Bank its spot among the select group of certified Top Employers.


The Top Employers Institute assessed UniCredit's employee offering based on the following criteria:

  • Talent Strategy
  • Workforce Planning
  • Talent Acquisition
  • On-Boarding
  • Learning & Development
  • Performance Management
  • Leadership Development
  • Career & Succession Management
  • Compensation & Benefits
  • Culture


"Receiving the European Top Employers Certification for the second year running shows that UniCredit continues to invest in its people, supporting their development and creating a positive working environment where all employees feel engaged and can actively add value to the Group. Our ambition is to be one of the best employers in the European financial sector and we are taking concrete actions with a focus on diversity, inclusion, respect and ethics to progress towards this goal," commented Paolo Cornetta, Head of Group Human Capital.

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise: 26 million clients. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 14 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

4.1.2019 - UniCredit Bank awarded as the best corporate bank in the Czech Republic by Global Banking & Finance review

UniCredit Bank has been awarded as the best corporate bank in the Czech Republic by the international Global Banking & Finance review, which unveils a list of the best banks worldwide each year across several categories, including corporate banking.

UniCredit Bank was among the eighteen banks globally to receive an award in the corporate banking country category this year.

“We are honoured that UniCredit Bank has been awarded as the best corporate bank in the Czech Republic by the Global Banking & Finance review. This award is an acknowledgement of our leading position in the corporate banking market segment, our expertise and the professionalism of our relationship managers who are in day-to-day contact with companies and entrepreneurs on the Czech and also on the Slovak market, where we are present.The award also demonstrates our commitment to continuing to follow the path of our bank in the region, which has been to help boost the economy of both countries over several decades,” says Jiří Kunert, Chairman of the Board of Directors and CEO of UniCredit Bank in the Czech Republic and Slovakia.

The results of the Global Banking & Finance review’s awards acknowledge business results, strategies and innovations as well as progressive and inspirational changes within the global financial community. With over 3.6 million readers (bankers and investors), the prestigious magazine has been publishing its list of awards on an annual basis since 2011. Within UniCredit Group, two awards were also given to the Croatian Banka Zagrebacka (Best Investment Bank Croatia) and to UniCredit Leasing Croatia (Best Leasing Company Croatia). Furthermore, Yapi Kredi also received two awards (Best Private Bank Turkey and Best Digital Payments Turkey).


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

15.11.2018 - Jakub Dusílek appointed new Chairman of the Management Board and CEO of UniCredit Bank Czech Republic and Slovakia from 2 April, 2019

The Supervisory Board of UniCredit Bank Czech Republic and Slovakia has approved the appointment of Jakub Dusílek as a new member, designated new Chairman of the Management Board and CEO of UniCredit Bank Czech Republic and Slovakia, subject to approval from the Czech National Bank. After the CNB approval, he will formally take over the position on 2 April, 2019.

 

Jakub Dusílek will replace Mr. Jiří Kunert, who will leave his current role at the end of his mandate which finishes on April, 1 2019 and retire, after successfully leading UniCredit Bank Czech Republic and Slovakia and its predecessors’ banks for 30 years.

 

Jiří Kunert will continue to support the bank as a member of the UniCredit Czech Republic and Slovakia Supervisory Board and will work closely with Jakub Dusílek to ensure a smooth transition.

 

With his extensive experience, Jiří is a real protagonist of the banking sector, often recognised as the best banker in Czech Republic,” commented Carlo Vivaldi, Head of CEE Division at UniCredit. Under his leadership, the bank has grown steadily and been an active contributor to the economic development of the countries where it operates. He led our first cross-border merger, between the Czech and the Slovak entities, building a strong corporate, private, and retail banking offer and further strengthening our position as one of the market leaders. He will hand over a bank in an excellent position to continue to grow”.

 

Carlo Vivaldi added: ”I am delighted that the new CEO has been once again chosen from our internal successor pool, which demonstrates our continued commitment to the development of our people. He is very well placed to continue the legacy of UniCredit Bank and we offer him the warmest welcome in the new role.”

 

Jakub Dusílek says: “I am honoured to be given this opportunity. I approach the new challenge with humility and enthusiasm. I look forward to working with the team in both countries soon and to continue building on the successful growth of UniCredit Bank as one of leading banks in the Czech and Slovak markets.

 

It has been an honour for me to be the CEO of UniCredit Bank Czech Republic and Slovakia,” commented Jiří Kunert, CEO of UniCredit Bank Czech Republic and Slovakia. I wish all the best to Jakub Dusílek and I am sure that hisr experience and knowledge gained from the years spent in different positions in the Group will ensure our bank will remain on its successful path in the Czech and Slovak markets. I look forward to continuing to support UniCredit in my new role within the Supervisory Board of UniCredit Czech Republic and Slovakia.

 

Short bio of Jakub Dusílek

Jakub Dusílek started his career in our Group in 2003, serving as Manager of regional branch and afterwards as Director of Corporate Sales Support at former Živnostenská banka. Later, he served as Head of Retail Product and Segment Management and Head of Strategic Coordination of UniCredit Bank Czech Republic. In 2011 and 2012, he served as Chairman of the Board of Directors and CEO of UniCredit Leasing in Slovakia. Later in 2012, he was appointed Member of the Board of Directors and Director of Global Banking Services in the Czech Republic. He pursued his international career as Member of the Board of Directors at UniCredit Bank Romania in 2016-2018. Jakub graduated from the Faculty of Law of Masaryk University in Brno and also studied CIME at CTU. He holds an MBA from Sheffield Hallam University.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

9.11.2018 - UniCredit Bank celebrates the 150th anniversary of the founding of Živnostenská Bank, one of the first Czech banks, which became the backbone of the domestic economy

From one of the first banks to a leader in the Czech and Slovak banking market and part of a successful pan-European Commercial Group. UniCredit Bank celebrates the 150th anniversary of the founding of its predecessor, Živnostenská Bank, in the Czech Republic and Slovakia, which had a significant impact on the development of the country’s economy.

ŽIVNOBANKA 150. VÝROČÍ

 

On the occasion of the 150th anniversary of Živnostenská Bank and the celebration of 100 years of domestic banking, UniCredit Bank invited a number of renowned persons from across the banking sector to the former premises of Živnostenská Bank, now the Czech National Bank. The history, the present and the future of banking in the Czech Republic and Slovakia was presented by: Jiří Rusnok, Governor of the Czech National Bank, Václav Klaus, Former President of the Czech Republic, Jiří Kunert, CEO of UniCredit Bank, Carlo Vivaldi, Head of the CEE Division of UniCredit, Tomáš Prouza, President of the Confederation of Trade, and writer and historian Pavel Kosatík.

The UniCredit Forum also featured an exhibition describing the fascinating history and importance of Živnostenská Bank as well as its transformation into UniCredit Bank.

 

After the creation of the Czechoslovak state, Živnostenská Bank took the lead in banking as well as in economic life and managed to quickly switch to modern operating methods. At UniCredit Bank we have proudly continued this tradition. In recent years we have experienced several important events and accomplishments: the first cross-border banking merger of Czech and Slovak branches, the consolidation of services under UniCredit Bank as well as the development of strong corporate, private and retail banking have further bolstered our leading market position,“ says Jiří Kunert, Chairman of the Board of Directors and CEO of UniCredit Bank, who also served as long-term director of Živnostenská Bank. It is an honour that thanks to our clients, their families and companies, we can be a protagonist not only in terms of history, but also in the development of the domestic economy across several decades.

 

Investing in the future

Over the last few years, UniCredit Bank introduced many developments and innovations to the market. It considerably reinforced its distribution network, implemented the concept of franchise outlets, introduced its flagship free account, and provided its clients with simple mobile and internet banking as well as the opportunity to purchase banking products online. UniCredit Bank has always been focused on retail, corporate and investment banking in order to provide best-in-class service to its clients. Given the fast evolving needs of clients, the bank is constantly looking ahead and continues to invest in its digitalisation.

Digital is a key pillar of our strategic plan, Transform 2019, and we are making considerable investments in innovation and IT systems to meet and anticipate customers’ changing needs, behaviours and expectations. Clients ask for speed, innovation and simplicity and the aim of our digital transformation is to improve their experience while enhancing efficiency. In the future, we will concentrate our investments on providing services with high added value while using relevant data to personalise the products and services on offer to the greatest extent possible. We also want to continue investing in our people – our main competitive advantage,“ says Carlo Vivaldi, Head of the CEE Division of UniCredit Group.

 


Contact details:                

Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

e-mail: petr.plocek@unicreditgroup.cz

tel: 606 694 156

3.10.2018 - UniCredit Bank is launching a special offer for new clients with U konto and U konto BUSINESS, rewarding them all year round

Every month, UniCredit Bank will give CZK 100 to new clients with a U konto current account and with a new U konto BUSINESS account. Moreover, everyone who moves on from another bank to UniCredit Bank by the end of the year will get a one-off bonus of CZK 500.

 

According to the survey, provision of excellent services at favourable prices and introduction of solutions which make clients’ lives more pleasant are the main factors most appreciated by clients when it comes to banks. Based on that, we have prepared one of the best offers of bank accounts in the Czech Republic and Slovakia, which is focused on real needs and expectations of everyday banking. We offer clients not just an excellent account with many perks and free of charge, but also a unique account which earns them money,“ says Tomáš Drábek, Member of the Board of Directors and Head of Retail and Private Banking at UniCredit Bank.

 

Navíc 500 Kč při změně banky

Each new client in the Czech Republic and Slovakia who opens a U konto or U konto BUSINESS with UniCredit Bank by the end of the year can look forward to good news every month. In order to receive the regular bonus from UniCredit Bank, clients only need to use their U konto on an active basis and the bank will credit the respective account with CZK 100 on a monthly basis.
The main benefits of a U konto include the possibility of keeping the account free of charge, free-of-charge electronic payments, withdrawals from all ATMs at home and abroad without limitation free of charge. Moreover, owing to the U-šetřete programme, clients with U konto or U konto BUSINESS can get discounts at their favourite shops and shop conveniently without discount vouchers or cards all year round. Current offers near clients are available directly in their mobile applications or on the website. Clients do not need to request discounts from merchants, they just pay with their payment card from UniCredit Bank and the relevant amount will be automatically credited back to their account.

 

Switching to UniCredit Bank has never been more favourable
UniCredit Bank will also give another one-off bonus of CZK 500 to clients who transfer their funds and account from another bank to UniCredit Bank by the end of the year. Entrepreneurs and sole traders with U konto BUSINESS will receive the same bonus once they place their first standing order for social security and health insurance payments. Switching to UniCredit Bank is really simple, all you need to do is apply for the switch at any branch. Your banker will take care of everything else.

 

Special offer to be introduced by the bank on television and online
The special offer of a current account with bonus from UniCredit Bank will be broadcast by the bank as a commercial from 29 September until the end of October on TV Nova and TV Prima channels, followed by an online banner campaign. In Slovakia, the advertising campaign kicks off on 1 October and besides television and online banners, it will also be broadcast on radio. It will be broadcast on TV Markíza, Doma and Dajto channels as well as on Rádio Express. All information concerning the special offer is available at UniCredit Bank branches, online channels and social networks.


Press Contacts:

Tel: +39 02 88623569
E-mail: mediarelations@unicredit.eu

 

2.10.2018 - UniCredit wins 23 awards in the Euromoney Cash Management Survey 2018

Euromoney’s Cash Management Survey 2018 named UniCredit the cash management provider of choice for international corporates with operations in Central and Eastern Europe as well as for services provided to Clients / Non-Financial institutions.

 

KIn addition, UniCredit was voted the best cash management bank in Austria, Bosnia Herzegovina, Croatia and Turkey.

 

Skupina UniCredit získala ocenění Best Service Management v regionu střední a východní Evropy, v Severní Americe byla oceněna za služby finančním institucím, a v Rakousku, Bosně a Hercegovině, Rumunsku a v regionu střední a východní Evropy za nefinanční instituce.

 

Moreover, UniCredit was given the Best Service Management award globally in CEE at large; in North America for Financial Institutions; and in Austria, Bosnia Herzegovina, Romania and CEE as a region for Non-Financial Institutions. In CEE, within Best Service Management, UniCredit ranked number one in several categories such as Business Functions, Financial facilities, Personnel and Tech Provisions. For the latter, UniCredit was also highlighted as best in class in Western Europe.

 

Andrea Diamanti , commented: „These results and acknowledgement confirm our strong service offering. We are honoured by the recognition we have received from Financial and Non-Financial institutions and we remain focused on continuing to improve our customer offer and their satisfaction.“

 

UniCredit Cash Management Awards

The 2018 Euromoney Cash Management Survey is the 17th annual survey from the leading providers of cash management products and services across the world. It is considered the benchmark survey for the global cash management industry and seen as the most comprehensive guide to the cash management arena in the market.

 

About UniCredit

UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise: 26 million clients. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 14 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.


 

Press Contacts:

Tel: +39 02 88623569
E-mail: mediarelations@unicredit.eu

 

1.10.2018 - Slavomír Beňa becomes a new member of the Board and Head of Corporate & Investment Banking at UniCredit Bank

On 1 October, Slavomír Beňa takes on the position of a new member of the Board and Head of Corporate & Investment Banking at UniCredit Bank Czech Republic and Slovakia. From 1 June 2018, he has worked in our bank as a Head of Corporate Clients. Prior to that, Slavomír worked in Vienna and was responsible for the management of the UniCredit Group’s relationships with financial institutions in Central and Eastern Europe.


I am really pleased to welcome Slavomír Beňa to the Board of Directors of UniCredit Bank Czech Republic and Slovakia. His long-year experience with people and business management and his work experience from abroad represents a major asset for further development of our bank. I believe that his strategic approach and ability to achieve excellent results will contribute to the strengthening of our position on the domestic market,” said Jiří Kunert, Chairman of the Board and CEO at UniCredit Bank Czech Republic and Slovakia.

 

Slavomír Beňa has been working for UniCredit Group for 22 years. He began his international career in Slovakia in 2001, gaining experience in the field of financial markets coordination and controlling. Afterwards, he continued as a Head of Markets in HVB Bank in Serbia and Montenegro and four years later he moved to Slovenia to head the Markets department. In 2010, he became a Head of Financial Institutions Group for the CEE region at UniCredit Group in Vienna, later on a Deputy Global Head of Financial Institutions Group (FIG) together with the position of a Head of CEE FIG. From this year’s June, he has continued as a Head of Corporate Clients at UniCredit Bank in the Czech Republic.

Slavomír Beňa graduated from the University of Economics in Bratislava, majoring in banking.

 



Enquiries:
UniCredit Media Relations:
Tel + 39 02 88623569
email: mediarelations@unicredit.eu

11.7.2018 - UniCredit signs Women in Finance Charter committing to gender diversity in financial services Part of the Bank’s Diversity Action Plan

UniCredit today announced that it has signed the UK’s HM Treasury Women in Finance Charter to pledge its full support to helping improve gender diversity in the financial services sector in the UK and worldwide. Committing to this initiative is part of UniCredit’s Group-wide Diversity Action Plan that follows a number of decisive actions already taken by the Bank to reach a more balanced gender distribution at all levels. As part of joining the Charter and like all the other signatories, UniCredit is defining specific internal gender balance targets, which will be announced in September 2018.

Jean Pierre Mustier, CEO of UniCredit, commented: “Diversity and gender balance are key priorities for UniCredit and we take great pride in our already diverse workforce. We are actively working to ensure our work environment is built on respect and continuous learning in line with our One Bank, One UniCredit culture and aspire to become one of the best employers in the European financial sector. To achieve our objective, we recognise that a continuous investment in further improving diversity and gender balance is necessary.”


UniCredit launched a Group-wide Diversity Action Plan in 2017. It focuses on developing and supporting diversity at all levels through specific initiatives related to: recruitment and talent; professional development; remuneration; work-life balance; information and education. UniCredit has been dedicated to achieving greater diversity in its workforce and an improved gender balance since 2008 when the Bank signed the Joint Declaration on Equal Opportunities and Non Discrimination. In 2011, UniCredit launched its Gender Balance Programme and in 2013 the Bank enforced a Global Equality Policy and monitoring process including a Gender Balance Dashboard.

The Bank joined the 30% Club in 2015 and also signed the Women’s Empowerment Principles to renew its commitment to reach a more balanced gender distribution at all levels of the Group and promote female talent. In November 2017, UniCredit signed a new joint declaration with the European Works Council with regards to Work-Life Balance, reiterating the importance of respect for our staff.

In terms of keeping track of progress, UniCredit currently monitors female representation in the Bank’s workforce in the context of organisational hierarchy twice a year at the Group level through the Gender Balance Dashboard. Furthermore, details on the structure of UniCredit’s workforce are published annually in the Group Integrated Report.

 

About the Women in Finance Charter
The Charter is a commitment by the UK’s HM Treasury and signatory firms to work together to build a more balanced and fair industry. Firms that sign up to this Charter are pledging to be the best businesses in the sector. The Charter commits firms to supporting the progression of women into senior roles in the financial services sector, recognises the diversity of the sector and that firms have different starting points regarding gender balance, and requires firms to publicly report on progress to deliver against their internal targets to support the transparency and accountability needed to drive change.

 

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise: 26 million clients.
UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 14 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.

 



Enquiries:
UniCredit Media Relations:
Tel + 39 02 88623569
email: mediarelations@unicredit.eu

5.6.2018 - UniCredit signs two strategic Bancassurance partnerships with Allianz and Generali in Central Eastern Europe (CEE)

UniCredit announces it has signed two exclusive strategic partnership agreements with Allianz and Generali respectively (“the “Partners”) for the distribution of insurance products for individuals and small-businesses in Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Serbia, Slovakia and Slovenia.

 

The long term partnerships, which combine UniCredit’s strong business franchise in the region with the partners’ deep insurance expertise, will gradually be implemented, in compliance with all local regulations, in the second half of 2018, predominantly focused on the Life and Non-Life products with Allianz and on the CPI (Credit Protection Insurance) products with Generali.

 

The partnerships will strengthen UniCredit’s current activities in the CEE Bancassurance business. Moreover, they are expected to generate synergies thanks to an enhanced and unique commercial strategy, offering a broadened product range for UniCredit’s clients in a region with strong growth potential.

 

“These partnerships will enhance our offering by delivering a full range of insurance products as well as outstanding services to our individual and small business clients, leveraging on our leading position in the region as well as the recognised brands of Allianz and Generali”  – commented Carlo Vivaldi, Head of CEE Division at UniCredit.

 

“UniCredit’s customers will benefit from our extensive expertise as demand rises for life, health, property and casualty insurance in CEE. We can now protect those customers at key moments in their life,” said Petros Papanikolaou, Regional CEO CEE of Allianz SE. “UniCredit and Allianz share a commitment to continue growing in CEE. We are pleased that UniCredit has chosen Allianz as best solution provider for their customers, and we view this partnership as a confirmation of our successful strategy in CEE.”

 

Luciano Cirinà, Austria, CEE & Russia Regional Officer and CEO of Generali CEE Holding stated “In our region more than 12.5 million customers rely on Generali’s strength and support in various phases of their lives when they are in need of a reliable insurance partner. We are the pioneers in the market and one of the biggest insurers in this region and we are proud to support UniCredit’s clients with very special and proven insurance solutions.”

 

UniCredit has recently streamlined its Bancassurance business in CEE with the creation of the CEE Bancassurance Business Area, led by Arcangelo M. Vassallo, who reports directly to Carlo Vivaldi, Head of CEE Division.

 

For UniCredit, UniCredit CEE Corporate Finance Advisory and KPMG Corporate Finance were jointly financial advisors, while Molinari e Associati and Schoenherr provided legal advice.

 

 Milan, June 5, 2018

 

About UniCredit

UniCredit is a simple successful Pan European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to our extensive client franchise: 25 million clients. UniCredit offers local expertise as well as an international one reaching and supporting its clients globally, providing them with unparalleled access to leading banks in its 14 core markets as well as in other 18 countries worldwide. UniCredit European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey.

 

About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with more than 88 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing over 650 billion euros on behalf of its insurance customers while our asset managers Allianz Global Investors and PIMCO manage an additional 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2017, over 140,000 employees in more than 70 countries achieved total revenue of 126 billion euros and an operating profit of 11 billion euros for the group.

 

About Allianz in Central and Eastern Europe

Central and Eastern Europe is strategically important and attractive market for Allianz with sustainable, profitable growth potential. Today, Allianz is active in ten markets in Central and Eastern Europe, covering Austria, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Slovakia, and Ukraine1. Allianz serves the needs of more than 8 million customers in the region, offering comprehensive range of products in property and casualty insurance, life and health insurance, and pension and asset management solutions.

 

 

About Generali Group

Generali is an independent, Italian Group, with a strong international presence. Established in 1831, it is among the world’s leading insurers and it is present in over 60 countries with total premium income exceeding €68 billion in 2017. With over 71,000 employees in the world, and 57 million clients, the Group has a leading position in Western Europe and an increasingly significant presence in the markets of Central and Eastern Europe and in Asia.

 

About Generali in the Austria, CEE & Russia Region

In Austria, Central and Eastern Europe and Russia the Group operates through its Austria, CEE & Russia Regional Office (based in Prague) in 12 countries – Austria, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Poland, Romania, Russia, Serbia, Slovakia and Slovenia - being one of the top three insurers in the Region. The Group is an undisputed leader in the Region in terms of profitability, with a combined ratio among the best in the sector. In 2017, premium income reached €6.2 billion. Generali serves the needs of more than 12.5 million clients in the Region. 

 

Enquiries:

 

UniCredit

Media Relations:            Tel. +39 02 88623569; e-mail: MediaRelations@unicredit.eu

Investor Relations:        Tel: +39 02 88621872; e-mail: InvestorRelations@unicredit.eu

 

28.5.2018 - UniCredit is named the Best Sub-custodian Bank across six different categories by Global Finance

UniCredit is pleased to announce that the Bank has been recognised as the Best Sub-custodian in 2018 by Global Finance magazine’s editorial board across Central & Eastern Europe (CEE) as well as winning country specific awards as the Best Sub-custodian Bank in Austria, Bulgaria, Czech Republic, Slovenia and Serbia.

 

In determining the winners for each respective region and country, the editorial board of Global Finance magazine considered: market research, input from expert sources and entry information from the banks themselves to select the institutions that reliably provide the best sub-custodian services in specific markets and regions. The criteria included: customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices. Input was also obtained from the users of said sub-custody services.

Performance was judged over the period 1 January 2017 through to 31 December 2017.  

 

Andrea Diamanti, Head of CEE Corporate and Investment Banking and Private Banking at UniCredit, commented: “We are extremely pleased to be recognized across CEE as well as in so many specific countries for excellence in meeting our clients’ sub-custodian needs in an increasingly complex and fast evolving market context. This is a fantastic demonstration of our capabilities in providing consistently high quality client service tailored to each specific market and region. It is also testament to the outstanding work of our team and something we look to build on in the future, leveraging UniCredit’s unique Pan-European network and extensive product range. Our ultimate goal is to continue offering our clients unrivalled benefits across borders.”

 

 



UniCredit Media Relations:

Ph. + 39 02 8862 3569

e-mail: mediarelations@unicredit.eu

Twitter: @UniCredit_PR

Google+: +UniCreditGroup

Instagram: @UniCredit_PR

 

4.5.2018 - 5 new SMEs join the UniCredit CEE Lounge ELITE program
  • The UniCredit CEE Lounge in ELITE supports fast-growing SMEs from Central and Eastern Europe

  • The ELITE platform backs business model upgrades and fosters SME networking across UniCredit’s CEE countries
  • 5 new companies from 3 CEE countries have joined in the seventh cohort of the UniCredit CEE Lounge

The UniCredit CEE Lounge is pleased to welcome 5 new companies into its innovative initiative, part of the London Stock Exchange Group’s ELITE program to accelerate the growth of promising new companies.

 

The new member companies are from three  Central and Eastern European (CEE) countries where UniCredit has active operations. To date, the UniCredit CEE Lounge has admitted more than 40 companies from 10 countries across UniCredit’s CEE network.

 

The UniCredit CEE Lounge aims to help SMEs prepare to embark on their next stage of growth. The program works to increase participants’ awareness of capital markets and the diverse funding options available, while also granting them direct access to investors. The companies from the program’s previous six cohorts have already begun their executive training and coaching modules.  

 

This seventh cohort of the UniCredit CEE Lounge is comprised of the following companies:

o   AutoPlus, Bulgaria

o   Eurosped, Bulgaria

o   ScaleFocus, Bulgaria

o   Jaffa, Serbia

o   Gama Recycle, Turkey

 

“For the fourth year in a row we are able to offer our SME clients a unique and valuable opportunity to join ELITE, a program that enables them to strengthen their businesses and connect to capital markets directly. By supporting these companies throughout their two year journey in the program, we are also able to learn, adapt and change the way we do business with SMEs in line with their needs. In this way we are strengthening the basis of our long term relationship with our SME clients as a true partner and advisor,” said Andrea Diamanti, Head of UniCredit Corporate and Investment Banking and Private Banking in CEE.

Luca Peyrano, CEO, ELITE:

“I am delighted to welcome the latest group of international companies to ELITE. The ever growing global success of ELITE, demonstrated by companies joining from Latin America to Europe and Africa today and over 150 new companies joining in 2018 alone, highlights the diversity and dynamism of the ELITE community and the strength of our new and existing partnerships.

 

“Today, ELITE is proud to support access to finance and financial education for over 850 of the most ambitious companies around the world, allowing them to innovate, scale and grow. We look forward to continuing to expand ELITE’s dynamic community of companies, advisers and partners.”

 

In addition, today, during a ceremony in London, five companies that have participated in ELITE’s previous cohorts – Jidvei (Romania),  Lanaco (Bosina&Herzegovina), NiceLabel (Slovenia), Pro Diagnostic (Slovakia) and TOKIC (Croatia)– will receive their ELITE certificates to celebrate the end of their two year training. The ELITE certificate confirms the readiness of these SMEs to go to the market, face investors and explore different funding options available.  

 Since its launch in 2012, ELITE has supported over 850 international companies.  ELITE services are designed to meet the individual needs of each company selected for the UniCredit CEE Lounge, with UniCredit contributing to training modules and tutoring as well as providing access to its own tailored SME support services. The ELITE program helps ensure rapidly growing companies are aware of the various funding options available to them and properly prepared to meet with prospective investors. Please read more at https://www.elite-growth.com/.

 

About UniCredit

UniCredit is a simple, successful Pan European Commercial Bank, with a fully plugged-in CIB,
delivering a unique Western, Central and Eastern European network to its extensive franchise of 25
million clients. UniCredit offers local expertise and international reach, supporting its clients globally and
providing them with unparalleled access to leading banks in its 14 core markets as well as 18 other
countries worldwide.



UniCredit Media Relations:

Ph. + 39 02 8862 3569

e-mail: mediarelations@unicredit.eu

Twitter: @UniCredit_PR

Google+: +UniCreditGroup

Instagram: @UniCredit_PR

 

23.3.2018 - UniCredit joins Earth Hour 2018 in 13 Countries

Tomorrow, Saturday 24 March at 8.30pm, UniCredit will turn off the lights for sixty minutes in 77 buildings in 13 countries (Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Germany, Great Britain, Italy, Romania, Russia, Serbia and Slovakia) marking the Group's eleventh consecutive year of participation in Earth Hour, the WWF's global initiative aimed at making people more aware of climate change which poses as a serious threat to our planet.

 

UniCredit's support for the campaign emphasizes the Group's steady efforts over the years to address conservation of the environment and support sustainable development. In particular, the UniCredit climate strategy calls for a major reduction in its operational emissions of greenhouse gases. The Group’s medium-term target is to reduce its carbon emissions by 60 percent by 2020, and the long-term target is a reduction of 80 percent by 2030.

In 2017, UniCredit achieved an overall reduction of 41 percent versus its 2008 emissions. The Group accomplished this by enhancing energy efficiency, by finding smarter ways to use workspaces, and by increasing the digitization of the banking operations.

 

The main buildings participating this year are listed below:

 

Country

City

Address

Austria





 

 

 

Vienna





Lassallestrasse 1

Lassallestrasse 5

Julius Tandler Platz

Schottengasse 6

Danube Tower

Bosnia and Herzegovina



Mostar

Kardinala Stepinca bb

Sarajevo

Zelenih beretki, 24

Banja Luka

Marije Bursać 7

Bulgaria

 

 

 

 

 

 

 

 

 

Sofia

 

 

 

7, Sq. Sveta Nedelya

14, Gyueshevo Str.

8, Aksakov Str.

3, Kaloyan Str.

Ruse

5, Sveta Troitsa Sq.

Varna

1, Petko Karavelov Str.

Burgas

22, Alexandrovska Str.

Stara Zagora

126, Simeon Veliki Blvd.

Plovdiv

4 Ivan Vazov Str.

Pleven

121 Vasil Levski St.

Croatia



Zagreb



Samoborska, 145

Resellova, 4

Trg bana Josipa Jelačića, 10

Czech Republic

 

Prague

 

Zeletavska, 1 - Filadelfie

Námesti Republiky, 3a - Banking House

Germany

Munich

HVB Tower, Arabellastrasse, 12

HHO, Arabellastrasse, 14

KF14, Kardinal-Faulhaber-Str., 14

Hamburg

Graskeller, 2

Berlin

Leibnizstr., 100

Great Britain

London

Moor House 120 London Wall

Hungary

Budapest

Szabadság tér, 5-6

Italy

 

 

Milan

UniCredit Tower A - Piazza Gae Aulenti, 3

UniCredit Tower B - Piazza Gae Aulenti, 1

UniCredit Tower C - Piazza Gae Aulenti, 4

Cologno Monzese

Via Volta, 1

Bologna

Via del Lavoro

Reggio Emilia

Via Rivoluzione di Ottobre, 16

Rome

Via Tupini, 180

Largo Fochetti, 16

Palermo

Via Ruggiero Settimo, 26

Romania

București

Unicredit Tower, Bulevardul Expoziției 1F

Russia

Moscow

Prechistenskaya emb., 9

Boutikovsky lane, 9

1-st Kazachy lane, 9/1

Zuborsky boulevard, 29

1-st Tverskaya-Yamskaya street, 28/1

Leningradsky avenue, 44

Bolshaya Gruzinskaya street, 58/60

Komsomolsky avenue, 44

Leninsky avenue, 70/11

Ostozhenka street, 5

Pyatnitskaya street, 14/1

Kaluga

Pushkina street, 1/20

Saint-Petersburg

Fontanka emb., 2/48

Moskovsky avenue, 192-194

Efimova street, 4a

Novocherkassky avenue, 43/17

Novatotov blvd., 8A

Moscovsky avenue, 193A

Ekaterinburg

Nikolaya Nironova street, 4

Nizhny Novgorod

Kostina street, 20

Novosibirsk

Maxima Gorkogo street, 53

Chelyabinsk

Karla Marxa street, 38

Krasnodar

Stavropolskaya street, 41

Perm

Monastyrskaya street, 41

Samara

Chapayevskaya street, 178

Rostov-on-Don

Socialisticheskaya/ Serafimovicha street, 58/51

Voronezh

Komissarzhevskoy street, 13

Ufa

Kirova street, 27

Volgograd

Novorossiyskaya street, 11

Stavropol

Dovatortsev street, 38A

Serbia

Belgrade

Rajiceva street, 27-29

BBC, Jurija Gagarina, 12

Blue House Center, Spanskih boraca, 3

Jurija Gagarina, 30

Francuska, 6

Jurija Gagarina, 12

Slovakia

Bratislava

Sancova, 1/A

 

 

Milan, 23 March 2018

 

About UniCredit

UniCredit is a simple, successful Pan European Commercial Bank, with a fully plugged-in CIB,
delivering a unique Western, Central and Eastern European network to its extensive franchise of 25
million clients. UniCredit offers local expertise and international reach, supporting its clients globally and
providing them with unparalleled access to leading banks in its 14 core markets as well as 18 other
countries worldwide.



UniCredit Media Relations:

Ph. + 39 02 8862 3569

e-mail: mediarelations@unicredit.eu

Twitter: @UniCredit_PR

Google+: +UniCreditGroup

Instagram: @UniCredit_PR

 

2.2.2018 - UniCredit is recognised as a European Top Employer 2018 Top Employers Certification also in Bulgaria, Croatia, Germany, Italy and Russia

UniCredit is proud to announce that it has been officially certified by the Top Employers Institute for its exceptional employee offerings, reaffirming its status as great place to work.

The annual, international research undertaken by the Top Employers Institute recognises leading employers around the world: those that provide excellent employee conditions, nurture and develop talent throughout all levels of the organisation and strive to continuously optimise employment practices. 

The European level Top Employers Certification was awarded thanks to the local Certification achieved in Bulgaria, Croatia, Germany, Italy and Russia.

The Top Employers Certification is based on a thorough research process and a set of required standards. All answers  were independently audited, verifying UniCredit’s outstanding employee conditions and earned the bank a coveted spot among a choice group of certified Top Employers.

The Top Employers Institute assessed UniCredit’s employee offerings on the following criteria: 

• Talent Strategy 
• Workforce Planning 
• On-Boarding 
• Learning & Development 
• Performance Management 
• Leadership Development 
• Career & Succession Management 
• Compensation & Benefits 
• Culture 

“Receiving the European Top Employers Certification shows that UniCredit is investing in colleagues, leveraging on their talents and supporting their development. Thanks to our work-life balance approach, we are creating a positive working environment where employees are fully engaged and actively contribute to the success of the Bank. We are committed to creating a culture that values diversity, enhancing the contribution that each and every colleague brings to our Group”. says Paolo Cornetta, Head of Group Human Capital.

 

Milan, 02 February 2018

 

About UniCredit

UniCredit is a simple, successful Pan European Commercial Bank, with a fully plugged-in CIB,
delivering a unique Western, Central and Eastern European network to its extensive franchise of 25
million clients. UniCredit offers local expertise and international reach, supporting its clients globally and
providing them with unparalleled access to leading banks in its 14 core markets as well as 18 other
countries worldwide.



UniCredit Media Relations:

Ph. + 39 02 8862 3569

e-mail: mediarelations@unicredit.eu

Twitter: @UniCredit_PR

Google+: +UniCreditGroup

Instagram: @UniCredit_PR

 

1.2.2018 - Tomáš Drábek appointed a new Board member and Head of Retail & Private Banking at UniCredit Bank

Tomáš Drábek (40) has been appointed a Board member and Head of Retail & Private Banking of UniCredit Bank as of 1 February 2018. Drábek has been working in the banking sector since 2001, as of which fifteen years at UniCredit Bank and in other companies of UniCredit Group. He replaces Giovanni Guidi at the position of a Board member and Head of Retail & Private Banking. After having spent 43 years at UniCredit, Giovanni Guidi decided to retire.

 

“I am really pleased that Tomáš Drábek will join the management of UniCredit Bank Czech Republic and Slovakia. I believe that his strong knowledge of banking, of the needs of our clients, including his management skills acquired during his many years at UniCredit, will make a significant contribution to our bank,” Jiří Kunert, Chairman of the Board and CEO of UniCredit Bank Czech Republic and Slovakia, commented on the appointment of the new Board Member and Head of Retail & Private Banking. He added: “I would like to thank Giovanni Guidi for the excellent work he has done here at UniCredit Bank in the Czech Republic and Slovakia during the seven years. His commitment and innovative approach have contributed to the excellent results of our bank. I wish him a lot of personal success during the new stage of his life.”


Almost twenty years ago, Tomáš Drábek started his career as a mortgage specialist at Bank Austria Creditanstalt in 2001. In the successor company HVB Bank Czech Republic, he worked as a Head of Majordomus Bohemia. Once UniCredit Bank Czech Republic was formed, he was appointed a Head of Retail Real Estate Finance in 2008 and, subsequently, a Head of Retail Marketing and Segments. In 2011, he was promoted to Head of Retail Moravia Region in UniCredit Bank and, two years later, he became a Head of Franchising and Alternative Distribution. Within UniCredit Group, Tomáš Drábek accomplished his international experience in September 2015, being in charge of Market Growth Initiatives of the CEE Division in Vienna. A year later, Drábek returned to UniCredit Bank as the new Head of Retail Prague Market, where he worked until being appointed to his new position.  

Tomáš Drábek received a master’s degree at Charles University and MBA in Chicago. He is fluent in English. His hobbies include travelling, swimming, running and cycling.


UniCredit Media Relations:

Ph. + 39 02 8862 3569

e-mail: mediarelations@unicredit.eu

Twitter: @UniCredit_PR

Google+: +UniCreditGroup

Instagram: @UniCredit_PR

 

29.11.2017 - UniCredit and the UniCredit European Works Council sign European banking sector’s first Joint Declaration on Work-Life Balance

In a first for the European banking sector, UniCredit and the UniCredit European Works Council (UEWC) have signed a joint declaration on work-life balance, committing to improving social dialogue in UniCredit at a European level.

 

The joint declaration on work-life balance, signed yesterday by UniCredit CEO Jean Pierre Mustier and UEWC Chairman Francesco Colasuonno, responds to recent trends in the changing socio-economic environment, where important drivers such as technological innovation call for the definition of new ways of working.

 

The joint declaration promotes a set of specific, concrete actions to support work-life balance across UniCredit’s operations. New technologies are implemented to make best use of people’s resources, in terms of both skills and time, while respecting their private life.

 

The document calls for a general approach to setting target standards in all of UniCredit’s legal entities and all of the countries where the Group is present, with five macro-areas of focus:

 

  • Digitalization: managing the digital evolution through proper use of technology fully respecting people, avoiding any kind of invasion in private life and rest times
  • Space and time flexibility: encouraging a work-organisation approach based on time and space flexibility, where possible
  • Time management at work: adopting measures to maximize quality and effectiveness of time during working hours
  • Well-being: promoting the adoption of measures to improve people’s well-being during their life-cycle
  • Cultural change: inspiring actions and behaviours to support a shift towards a corporate culture effectively based on ‘work-life balance’ and ‘inclusion’

 

As commented by UniCredit CEO Jean Pierre Mustier, “At UniCredit, we believe in the importance of respect. Taking into consideration both personal and professional interests must be at the heart of everything we do. This will help us create a culture that enhances the value that each and every one of us can contribute. In this respect, managers must lead by example.

 

UEWC Chairman Francesco Colasuonno said: “We are satisfied with the achievement of this joint declaration, which is very innovative in terms of form and substance. Thanks to the joint effort of the representatives of European employees and UniCredit’s management - who have been working together since 2007 - we have begun a profitable, steady dialogue to implement these concrete measures in every country where UniCredit is present.”

 

The joint declaration will be submitted to the attention of UniCredit management in all of the Group’s companies, including every country where it is present, in order to raise awareness of its underlying principles and stimulate discussions with social partners, in line with the respective national legal and labor law conditions.

 

The implementation of the joint declaration’s actions will be jointly monitored by the UEWC Select Committee and UniCredit’s central management.

 

The key principles of this joint declaration build on the concepts of equal opportunity and non-discrimination, which have been addressed in previous joint declarations signed by UniCredit and UEWC.1

 

About UniCredit:

UniCredit is a simple, successful pan-European commercial bank, with a fully plugged-in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise of 25 million. The Group offers local expertise and international reach, supporting its clients globally and providing them with unparalleled access to leading banks in its 14 core markets as well as 18 other countries worldwide. The UniCredit European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey.

 

About UEWC:

Founded in 2007, the UniCredit European Works Council is the international board of UniCredit employee representatives. Representing employees every European country where the Group is present, including those inside and outside the European Union, the 35 member UEWC meets twice per year with UniCredit’s senior management to stay informed and be consulted about transnational issues, in particular those that can have an impact on employees. The purpose of the UEWC is to provide a global strategic overview that facilitates social dialogue at national levels.

 

UniCredit Media Relations:

Ph. + 39 02 8862 3569

e-mail: mediarelations@unicredit.eu

Twitter: @UniCredit_PR

Google+: +UniCreditGroup

Instagram: @UniCredit_PR

 

1 December 2008 - The joint declaration on training, learning and professional development is based on the principle that learning is a lifelong, continuous and effective experience. It defines guidelines and principles that, respecting the different cultural, social and historical backgrounds of each country where UniCredit is present, should support all actors involved and serve as a point of reference for all the strategies, activities and initiatives in the fields of training, learning and professional development.

May 2009 - The joint declaration on equal opportunities and non-discrimination is intended to be a point of reference for all employees to define the guidelines on sensitive issues such as diversity, equal opportunities and non-discrimination, with the purpose of creating a diverse corporate culture, improving the sense of belonging and enhancing the quality of life at work.

May 2015 - The joint declaration on responsible sales promotes joint principles and guidelines in UniCredit’s commercial approach, defining the pillars by which they can be shared and respected: quality of products, customer centricity, employees’ professional development, and organizational governance

16.11.2017 - Outlook 2018: UniCredit Research expects solid growth, higher yields and stronger euro
  • 2018 is likely to be another year of strong global economic growth, by about 3.9%
  • The eurozone GDP should grow by about 2.3%
  • Central banks’ monetary policies will be only marginally less accommodative
  • EUR/USD will soon resume its upward trend, ending next year around 1.25

The UniCredit Macro & Markets 2018 Outlook - PDF

 

15.11.2017 - UniCredit names Dan Bucsa chief economist for Central and Eastern Europe

UniCredit has appointed Dan Bucsa to take over the leadership of its Central and Eastern Europe (CEE) research team as its new Chief CEE Economist, effective November 17.

 

He will replace Lubomir Mitov, who has resigned from the position to relocate to Washington, DC. Mr. Mitov will continue in a consultative role with UniCredit so that our clients will continue to benefit from his insight and experience.

 

As UniCredit’s Chief CEE Economist, Mr. Bucsa, who will be based in London, will be responsible for the Group's macroeconomic research on the CEE region. He will report to Erik F. Nielsen, Group Chief Economist.

 

Commenting on the appointment, Mr. Nielsen said: “We are delighted that Dan Bucsa has taken up the role of chief economist for Central and Eastern Europe. He has a uniquely strong background in the region and is well known to CEE-focused clients around the world. We are confident that, with Dan's promotion, we will continue to have the best-in-class research coverage for the CEE region.”

 

For the past five years, Mr. Bucsa has worked as UniCredit’s Lead CEE Economist in London, having transferred from UniCredit Bank Romania. Before moving to the private sector, he taught at the Bucharest University of Economic Studies and worked in the macroeconomic modeling and forecasting department of the National Bank of Romania, where he was involved in developing its forecasting framework for inflation targeting. He holds a Ph.D. in macroeconomics and an M.Sc. in finance from the Bucharest University of Economic Studies.

 


Contact details:   Zuzana Ďuďáková, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                        Email: zuzana.dudakova@unicreditgroup.sk

                        Tel. No.: +421 2 4950 2303

30.10.2017 - The Banker magazine has named UniCredit Bank Czech Republic and Slovakia and UniCredit Bulbank the best banks for private clients in Slovakia and Bulgaria

UniCredit Bank Czech Republic Slovakia and UniCredit Bulbank have received the Best Private Banking award in 2017 in Slovakia and Bulgaria respectively. The prestigious awards of The Banker magazine were given to the Banks’ representatives at a ceremony in London on Thursday, 26 October 2017. The Private Banking offered by the two banks of UniCredit succeeded in the rating by fifteen world's most important figures of banking. The jury assessed both quantitative and qualitative aspects.

 

“Winning the Best Private Banking award is a great honour for us, not only because we have received such an award for the first time in the Slovak market. It demonstrates our long-term attempts to be a leader in delivering the best investment solutions for clients. Currently, we focus on strengthening the digital tools as well as on further development of private banker competencies. We consider these areas crucial for further development and improvement of the management of assets of our clients' families for the future,” said Dušan Hladný, Head of private banking UniCredit Bank  for Czech Republic and Slovakia.

 

“Our core aim is to build sustainable relations with our customers, on the grounds of the fundamental values of UniCredit. For us understanding customer comes first, along with high professional responsibility , transparency, innovations and partnership, which are the key drivers  of  our business  philosophy “, commented Nadejda Pavlova-Nincheva, Head of Private Banking, UniCredit Bulbank, Bulgaria.

 

Private Banking of UniCredit Bank Czech Republic and Slovakia  has been providing private banking products and services in Slovakia for more than 15 years offering tailor-made solutions to clients. Direct representation of UniCredit Group in 14 core markets as well as 18 other countries worldwide, the Private Banking team consists of experienced certified bankers and specialists. UniCredit Bank is the only bank in the market where investments in third-party products selected strictly according to their performance and quality already exceed 50% of the clients’ funds under management. The key pillar of private banking services is the Need Based Advisory and the Global Investment Strategy based on guided open architecture of investment vehicles, through which clients can invest in a broad portfolio from mutual funds with best-in-class performance, hedged products, corporate bonds to investment certificates. A unique solution is also MyOneMarkets, a tool for actively generating individual issues of structured investment products with above standard yields, starting from EUR 30 thousand.

 

Private Banking of UniCredit Bulbank is backed by one of the largest networks in Europe. The department takes care of the specialized needs of its customers, based on high professional experience and knowledge. UniCredit Bulbank Private Banking team strives to provide stability and security of client assets and to ensure their long-term growth.  Philosophy of the private banking is to make all service fully accessible to customers.  Private banking employees speak the language of their customers and share their values. That is why it’s easier to achieve effective results. Together with the customers private bankers develop the most appropriate long-term strategy. They provide solutions for a balanced diversification of clients' assets based on individual customer preferences and consistent with the opportunities and risks.  

 

The annual PWN/The Banker Global Private Banking Awards 2017 have been taking place since 2009. Every year from May to July, banks from Europe, Asia, Africa, North and Latin America and the Middle East are invited to take part in the Global Private Banking Awards of The Banker magazine. In this competition, the jury has rated the development of key factors of private banking, portfolio and risk management, asset allocation, due diligence, growth and product strategies, customer care, the bank business model as well as innovation.

 

Contact details:   Zuzana Ďuďáková, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                        Email: zuzana.dudakova@unicreditgroup.sk

                        Tel. No.: +421 2 4950 2303

18.9.2017 - UniCredit ranked number one in 11 countries by Euromoney Cash Management Survey 2017

Milan, 18 September 2017 - UniCredit has been ranked number one in Cash Management in 11 countries by the Euromoney Cash Management Survey 2017. The bank demonstrated its dominance and market leadership in Europe region with first-place rankings in Austria, Bosnia & Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Italy, Romania, Serbia, Slovakia, and Turkey.

The 2017 Euromoney Cash Management Survey is the 16th annual survey of the leading providers of cash management products and services across the world. With responses this year from over 25,000 businesses and 2,500 financial institutions, the survey is the most authoritative and comprehensive ranking in the cash management industry.

“We are delighted with the results of this year’s survey” says Gianfranco Bisagni, UniCredit Co-Head of Corporate & Investment Banking. “Cash management is a core service for our clients, and this award demonstrates the excellence of our comprehensive product suite, designed for corporates of all size, from small-caps to large multinationals. To be recognised by this survey – which is based on their feedback – is a fantastic sign for us and a validation of what we strive to achieve”.

This year’s achievements represent for UniCredit a considerable jump on the previous year – rising from 5 number-one rankings to 11.

About UniCredit

UniCredit is a simple, successful Pan European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise: 25 million clients. UniCredit offers local expertise and international reach, supporting its clients globally, providing them with unparalleled access to leading banks in its 14 core markets as well as in other 18 countries worldwide. UniCredit European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey.

Press Contacts:

Tel: +39 02 88623569

E-mail: mediarelations@unicredit.eu

 

21.7.2017 - Applications are open for the first UniCredit Hackathon CEE
  • A two-day hacking marathon on solutions on PSD2 directive takes place in early September in Ljubljana, Slovenia
  • UniCredit welcomes participants both from external developers and designers as well as employees and future “out of the box” thinkers
  • Winning teams will get a financial award and the chance to present their projects to the top management of UniCredit Group’s CEE Division, with the possibility to take part in their implementation.

 

This week UniCredit – together with ABC accelerator – is launching the first UniCredit Hackathon CEE, a global competition that will take place in Ljubljana, Slovenia, on 2 and 3 September 2017.

 

The Hackathon, or marathon of hacking, is an intensive continuous two-day competition of innovative and creative individuals. Divided into groups they will be asked to solve different challenges arising from PSD2 (The Revised Payment Services Directive) (note 1). External developers, representatives of Fintech Start-ups and Software Companies, future “out of the box” thinkers, together with employees of UniCredit that will apply to the initiative, will join forces to develop ideas on how to create value for clients and the bank  in the context of PSD2.1

 

UniCredit is committed in keeping the bank at the forefront of innovation and wants to inspire solutions that will further improve customer experience.

 

Carlo Vivaldi, Head of CEE Division at UniCredit, said: “We believe innovation is essential for the long term sustainability of a bank’s business and for a better interaction between the bank and its clients. UniCredit’s strategic plan Transform 2019 puts innovation at the center of its actions to transform the operational model of the bank in order to adapt to fast changing customers’ behavior and new regulatory requirements. In this context, UniCredit Hackathon CEE allows UniCredit to leverage on its leadership position in Central & Eastern Europe as well as further strengthen its business in the region. It will attract young talents from inside and outside the bank crafting and designing new applicable solutions”.   

 

Urska Jez, co-founder of ABC and managing director ABC Slovenia, added: Companies worldwide are searching for efficient ways to transform themselves. Together with startups they look for solutions to make business in a more innovative, transparent and agile way. Successful projects these days combine both worlds. And this is what our cooperation with UniCredit is all about and why we created this program, starting with a hackathon. UniCredit has shown a huge engagement in following the world's trends and is proactively listening to its customers, detecting their needs and making sure it delivers them relevant products and services. By involving also internal resources in the event, the Group shows a great commitment to innovation. I believe that with this approach and dedication UniCredit Hackathon CEE will have a wide, positive impact on the group and make UniCredit a trendsetter in digitalization in CEE and beyond.

 

Leveraging on new PSD2 regulation, the task of the Hackathon will be: “How can we use client´s account information to create value?” This means developing, for example, platforms for analysis of client data with the aim to provide a better customer experience.

 

Participants from all over the world can apply from 17th July to 24th August at:

 www.abc-accelerator.com/UniCreditHackathonCEE  

 

Winning teams will receive a financial award and get a chance to present their projects to the top management of UniCredit Group’s CEE Division on September 7th in Ljubljana. Members of the winning teams could be then  invited to participate in the implementation phase of the solution at a later stage.

 

About UniCredit

 

UniCredit is a simple successful Pan European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to our extensive client franchise: 25 million clients.

UniCredit  offers local expertise as well as an international one reaching and supporting its clients globally, providing them with unparalleled access to leading banks in its 14 core markets as well as in other 18 countries worldwide. UniCredit European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia,  Slovakia, Slovenia and Turkey.

 

About ABC

 

ABC Accelerator is the largest private venture accelerator in Slovenia and the wider region. It has been established in 2015 and has since accelerated the growth of almost 100 start-ups – companies that are changing the economy and growing faster than traditional companies. ABC Accelerator has developed a system for accelerating the growth of start-ups with innovative ideas and help them succeed on the market. Now, ABC is also helping to change small, medium and large corporations with its enterprise program, spreading the startup mentality to traditional companies. We help big companies exploit the potential of new ideas originating from both, inside and outside of their companies. The combination of very fast growth and new, innovative ideas from the startups and knowledge, investments and people available to large corporations has arguably the greatest potential to disrupt the existing markets.

 

Enquiries:               Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                                e-mail: petr.plocek@unicreditgroup.cz

 

1PSD2 (The Revised Payment Service Directive) will mandate all EU financial institutions to provide to third parties direct access to their customers’ accounts. In practical terms, both UniCredit and competitors would open client account information on the condition that client consent is given.

9.6.2017 - UniCredit Bank scored in the Zlatá koruna competition with its new Smart Banking, mortgage loan and micro-instalment loan for small enterprises

Prague, 9 June – A total of three awards were presented to UniCredit Bank in this years Zlatá koruna (Golden Crown) competition two second and one third place. The competitions expert jury was impressed by the mobile Smart Banking using fingerprint recognition, which ranked second in the Online Applications category. Also the Micro Instalment Loan for start-ups and small enterprises scored the same place in the Business Loans category. The banks mortgage loan with an attractive interest rate ranked third in the Mortgage Loans category.

Regular innovations are the right way to attract clients today and succeed in the strong competition in the banking market. The Zlatá koruna awards show that UniCredit Bank is able to respond flexibly to the needs and wishes of our clients,” says Giovanni Guidi, Board Member and Head of Retail & Private Banking at UniCredit Bank.

 

As regards Smart Banking by UniCredit Bank, the jury this year awarded its fingerprint access, the simple control of the mobile application and the option to send payments using QR code with a second place in the Online Applications category. The Bank was also successful in the Mortgage Loans category, ranking third. In the long term, UniCredit Bank mortgage loans have been one of the most advantageous ones in the Czech market, with their actual interest rates starting at 1.39% p.a. for 1-year fixed periods.

 

The award for the Micro Instalment Loan for start-ups and small enterprises showed that UniCredit Bank is a reliable partner for entrepreneurs, too. Start-ups may get loans of up to CZK 250,000 from the Bank as a part of the Business Konto Start account, which is free of the maintenance fee for entrepreneurs in a package with a payment card, with free-of-charge electronic current account statements, cash deposits and withdrawals from UniCredit Bank ATMs in the Czech Republic or UniCredit Group ATMs abroad.

 

 

Enquiries:              Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                                E-mail: petr.plocek@unicreditgroup.cz

                                Tel. No.: 606 694 15

22.5.2017 - Scan and pay! New Smart Banking by UniCredit Bank introduces cool features

Prague, 22 May Smart Banking by UniCredit Bank has got a new coat in the spring. With the new “Scan & Pay” feature, clients will scan the respective QR code, receipt or bar code and the application will handle all the items required for sending of the transaction; with the new Fast Check feature, you can check your account balance quickly and with no delays.

Before summer, Smart Banking by UniCredit Bank has got not only a new attractive look, but also has a number of upgrades. “We listen to our clients and constantly improve our services, including the mobile Smart Banking, so that it is user-friendly and time-efficient for clients when managing their funds. Owing to the Scan & Pay feature, for instance, the lengthy completing of the account number, bank code and variable symbol is now history. All you need to do is scan the QR code or receipt so that clients can spend their time on more important things,” says Jiří Daneš, Head of Multi-Channel Banking, UniCredit Bank.

 

More accessible and flexible application

Another innovation is the direct access to Smart Banking from the U-šetřete application, where clients can find attractive discounts from the bank’s discount programme. If they are interested, they simply click on it and shop cheaper at an instant. Comfortable, cheap and discreet shopping with no need for discount vouchers. In order to fast check their account balance, users can use the Fast Check feature, which displays their account balance without the need to log in.

 

The new version of Smart Banking by UniCredit Bank is available for Android and iOS operating systems. “Existing clients only need to update their application. The PIN code, fingerprint logon and key for Online Banking remain the same. New clients can download Smart Banking on our website, in Online Banking or directly in application shops on individual mobile platforms. Our bankers at the nearest branch will be happy to help and advise our clients on the installation,” adds Jiří Daneš.

 

 

Enquiries:              Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                        E-mail: petr.plocek@unicreditgroup.cz

15.5.2017 - UniCredit presents the “CEE Banking Outlook: CEE region - the place to be”
  • Economic environment to remain overall positive in the region, with all CEE1 countries expected to have positive GDP growth in 2017
  • CEE Banking sector was profitable2 in all countries in 2016 and is expected to continue to perform better than Western Europe3
  • Past vulnerabilities related to funding model, FX lending and asset quality are being addressed, allowing for a pick-up in lending and a reduction of NPL across the region
  • UniCredit’s Transform 2019 Strategic Plan confirmed CEE as an engine for organic growth for the Group

The economic environment will remain overall positive in Central and Eastern Europe 1 and for the first time since the 2008-2009 crisis all countries in the region are expected to show positive GDP growth in 2017 and most of them with solid growth rates of 3% or above.

 

This is one of the key findings of the recent study “CEE Banking Outlook: CEE region - the place to be” produced by Strategy and Corporate Foresight at UniCredit. The study was published in connection to the EBRD 2017 Annual Meeting and Business Forum taking place in Nicosia, Cyprus (9-11 May 2017), an event of which UniCredit is a Major Forum Partner.

 

Reflecting a broadly favorable macro-economic environment, the banking sector in the region was profitable2 in 2016 in all countries, for the first time since the 2008-2009 crisis, with CEE as a whole performing better than Western Europe3, although the level of profitability varies within the region. In particular, some of the vulnerabilities of the past are being addressed, putting the region’s banking sector on a sounder footing. Three positive patterns have now become visible:

1) a more sustainable funding model; 2) a lower share of FX lending in retail in countries; 3) an ongoing improvement of asset quality.

 

CEE continues to be an interesting place to do business. GDP growth rates show good dynamics, while the banking sector profitability remains attractive. UniCredit’s position as a strong pan-European commercial bank with leading market shares in CEE makes us well positioned for sustainable organic growth in the region, which remains a growth engine for the Group”, said Carlo Vivaldi, Head of CEE Division at UniCredit.

 

Recent developments, in particular in the banking sector, represent a good basis for a relatively positive outlook. In the next two years (2017-2018), almost all countries are expected to experience growth in lending, with the laggards picking up. NPL ratios are expected to decline further and profitability will remain above Western Europe(3) “, explains Mauro Giorgio Marrano, Coordinator for CEE at UniCredit’s Strategy and Corporate Foresight.

 

Further, on the innovation side, digital banking is expected to play an important role in the region. Most CEE countries have a relative high degree of digitalization and, while lower than most advanced EU countries, they have been catching up. The region is thus a good place for banks to develop more innovative ways of providing banking services.

 

With Total Assets of € 2,600 bn, UniCredit is the leading bank in CEE. Its well-diversified geographical presence ensures resilient performance throughout the cycle. In terms of asset mix, the CEE Division of UniCredit has 63% of its assets in CEE-EU, 23% in Turkey and 14% in Russia.

 

The CEE Banking Outlook is available on the Group’s webitse: https://www.unicreditgroup.eu/en/press-media/press-releases.html

 

Milan/Nicosia, 9 May 2017

 

Enquiries:

Media Relations Tel +39 02 88623569 e mail: mediarelations@unicredit.eu

GDP: ALL COUNTRIES EXPECTED TO GROW IN 2017


GDP: MOST COUNTRIES TO EXPERIENCE GDP GROWTH AT 3% OR ABOVE


ASSET QUALITY: SIGNIFICANT REDUCTION OF NPL RATIOS IN THE REGION


PROFITABILITY: RoA TO REMAIN AROUND 1.5% AND STILL ABOVE WESTERN EUROPE


 


 

 

Enquiries:               Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                                e-mail: petr.plocek@unicreditgroup.cz

                                Phone: 606 694 156

 

 


1 CEE (Central Eastern Europe) includes Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia, and Turkey; CESEE (Central Europe and South Eastern Europe) is CEE excluding Russia and Turkey

2Profitability refers to Profit Before Taxes on total assets

3Western Europe includes Germany, Italy and Austria

Source: UniCredit Research CEE Quarterly 2Q17, UniCredit Research Chartbook, Unicredit Strategy and Corporate Foresight

26.4.2017 - Czechs travelling more and more; Croatia plays first fiddle after one-year break; Holidays cheaper in most destinations
  • Czechs are travelling more and more; last year they made 4.3 million foreign trips lasting more than four days, i.e. 70 thousand more than the previous year.
  • Croatia is the most popular destination after a one-year break, surpassing Slovakia, last year’s winner.
  • Czech tourists’ foreign vacations will be, on average, 15% more expensive than taking a holiday at home this year.
  • Compared to last year, as many as ten of the most popular destinations will be cheaper; Czech tourists will be the best off in Egypt, Turkey and Tunisia.
  • Apart from North Africa, holidays in Bulgaria, Hungary and Turkey are cheaper than holidays at home, whereas Austria and France are the most expensive destinations for Czech tourists.
  • Tourist centres and capital cities are usually more expensive than peripheries. While, for instance, in Sicily’s Palermo you can buy goods worth CZK 689 for one thousand Czech crowns this year, in Bolzano you will only get goods worth CZK 510.
  • For travels in Europe, North America and other wealthier countries, you just need a little cash and your payment card can take care of the rest of your expenses.
  • If you travel to a more exotic destination, take euros or dollars and change them for local currency after reaching your destination.

 

Prague, 26 April 2017 – Czechs are travelling more and more to foreign countries. The number of longer trips exceeding four nights increased by 70 thousand last year compared with 2015. Overall, Czechs crossed the border 4.3 million times. After a one-year break, Croatia was once again the number one destination last year. Croatia was more popular than Slovakia, where interest dropped by one third compared to 2015, the historically strongest year. In the majority of countries, we will spend less on our vacation than in the previous year. This year, however, we will only pay less for shopping in Bulgaria, Turkey and Hungary. The most expensive among popular destinations are Austria and France according to an analysis of Czech vacations made by UniCredit Bank.

 

Czechs’ appetite for travel is not subsiding. Last year, we took almost 2% more longer-term foreign trips than the year before, i.e. 4.3 million, the highest number in the past seven years. “The fastest growth in real wages in the past eight years combined with the falling unemployment rate are reflected in Czechs’ interest in travel to foreign countries,” explains Pavel Sobíšek, Chief Economist of UniCredit Bank.

 

Same as last year, it is very likely that this year we will prefer vacationing at the seaside. That is to say that after a one-year break, Croatia was once again number one among popular destinations last year. Thanks to a 15% yoy increase in the number of trips (2016: 828 thousand trips lasting more than four nights), Croatia surpassed Slovakia. Interest in our eastern neighbour fell by a third last year (2016: 555 thousand trips), the only top-six destination to experience such a decrease. Italy, in the third spot, was breathing down Slovakia’s neck with the number of trips (552 thousand trips), followed by Austria (373 thousand), Greece (265 thousand) and Spain (182 thousand).

It is clear from Czech tourists’ top six most popular foreign destinations that they prefer a familiar environment and safety. “Interest in buying summer holidays has been enormous in terms of advance sales. Based on the results we have so far, we expect a record-breaking season. The hit of this summer will be Greece; Egypt, where we are reporting the absolutely highest year-on-year increase, is also back in the spotlight,” says Jan Bezděk of Fischer Travel Agency. The renewed demand in destinations such as Egypt or Turkey is also being caused by lower prices for holiday packages, making them very attractive destinations, especially in terms of the price-performance ratio.

 

Chart: The most popular holiday destinations for Czechs vacationing longer than 4 days


Description: Number of trips per year (in thousands), Croatia, Slovakia, Italy, Austria, Greece, Spain
Source: The Czech Statistical Office, longer trips with a minimum 4 overnight stays

Holidays in foreign countries are more expensive than at home; Bulgaria is still the cheapest

This year, shopping will be cheaper than at home in only three of the eleven most popular destinations visited by Czechs – Bulgaria, Turkey and Hungary. In Bulgaria we will be able to buy goods or services worth CZK 1,370 for one thousand Czech crowns.

 

“In the remaining destinations, shopping will be rather more expensive for Czech tourists compared to their homeland. Due to the low cost of living at home, foreign countries are, on average, 15% more expensive for Czechs. The good news is, however, that the surcharge is insignificant in Croatia and Slovakia. Our eastern neighbours are more attractive in terms of price than the eastern Adriatic coast,” explains Pavel Sobíšek. For one thousand crowns, Czech tourists can buy a package of goods or services in Slovakia and Croatia that is just CZK 20 and CZK 37 smaller, respectively, than at home. In other destinations, Czechs will have to fork out more. They won’t even get the equivalent of CZK 800 for one thousand Czech crowns.

 

Chart: Value of one thousand Czech crowns in foreign countries (February 2017)


Description: Bulgaria, Turkey, Hungary, Slovakia, Croatia, AVERAGE*, Greece, Spain, Germany, Italy, France, Austria
Sources: OECD, Eurostat, Czech National Bank, UniCredit Bank Czech Republic and Slovakia.  
* Weighted average, where the weight is the popularity rate of the destination or its share in Czechs’ total trips to the 11 most visited European countries lasting more than four days.

 

Prices are higher in tourist destinations; peripheries are cheaper

There are also significant price differences between cities in individual countries. Popular tourist destinations are often more expensive than other cities. “In Croatia, Dubrovnik is the most expensive (649 CZK); considerable differences also exist within Italy. In Palermo, Sicily, you can buy goods and services worth CZK 689 for one thousand Czech crowns, in Rome it’s only CZK 568, and in Bolzano in the north you will only get goods and services worth CZK 510. Similarly, Turkish Istanbul is more expensive for Czechs than their homeland, but they can save at seaside resorts,” says Pavel Sobíšek.

 

Table: Purchasing power of one thousand Czech crowns in select cities

Country   City  Value of one
thousand crowns
(CZK)
 Country City  Value of one
thousand crowns
(CZK)
Slovakia

Bratislava 860 Turkey Istanbul  947
Poprad 981 Antalya 1 060
Žilina 984 Izmir 1 095
Croatia Split 792 France Paris 506
Dubrovník 649 Nantes 613
Pula 792 Marseille 646
Italy Rome 568 Grenoble 516
Palermo 689 Bulgaria Burgas 1 092
Bolzano 510 Varna 1 136
Austria Vienna 596 Sofia 1 085
Salzburg 459  
Innsbruck 571

Source: www.numbeo.com

We can buy more for the same amount of money than last year; Czechs will be the best off in African countries and Turkey

Although in general foreign destinations are more expensive for Czech tourists than holidays at home, the good news is that holidays will be cheaper for Czechs this year. This year, holidays will be cheaper in ten out of the thirteen countries under review compared to the previous year. “For the second year in a row, Czech tourists will be the best off at three seaside destinations Egypt, Turkey and Tunisia,” explains Pavel Sobíšek.

 

Same as last year, Czechs can look forward to the best improvement in their purchasing power in Egypt. This is owing to a sharp weakening of the Egyptian currency, losing half of its value compared to crown in the past year. While it is hard to quantify the increase in the Czech crown’s purchasing power in the case of Egypt, it reached 11.2% in Turkey and 6.6% in Tunisia. In no other country where the purchasing power of the crown increased over the last year is the increment higher than 1%. Thus, Czech tourists will most likely feel no difference. The highest increase among that group of countries is in Bulgaria (1.8%).

 

And how should tourists deal with an important issue they have every year – whether to exchange money or use a payment card? “For trips in Europe, North America and other wealthier countries, you just need some cash to cover necessary expenses and the rest can be covered by your payment card. Thanks to this, you can get a more favourable exchange rate than if you exchanged cash in a foreign exchange office. Ideally, take two cards if you are taking a foreign trip – a credit card for payments and bookings in hotels, and a classic debit card for ATM withdrawals,” recommends Petr Plocek, Press Spokesperson of UniCredit Bank. On the other hand, it is good to take euros or dollars to more exotic destinations such as, for instance, Egypt, Tunisia or poorer countries of the Middle East, Southeast Asia or Latin America and exchange them there for local currency.

 

Chart: Change in the purchasing power of the Czech crown in other countries (February 2017, yoy in %)



Sources: OECD, Eurostat, Czech National Bank, UniCredit Bank Czech Republic and Slovakia.
* The average does not include African countries.

 

The Ten Commandments of UniCredit Bank: Simple tips and tricks for managing your finances during foreign trips

  1. Don’t take needless cash with you; you can manage your vacation in Europe with a card and ATM withdrawals.
  2. If you have cash with you, do not carry all your money in one wallet.
  3. Take two cards with you; preferably one debit and one credit card. 
  4. Your credit card is good for making bookings or payments in shops; use your debit card for ATM withdrawals.
  5. If anything seems suspicious when you make a withdrawal or payment, go to a different ATM or shop.
  6. If an ATM does not give you your money, contact the closest bank branch or the police.
  7. If you forget your PIN or your card is stolen, deal with the situation immediately by contacting your bank at its special info-line. Save the number of the info-line in your mobile phone. 
  8. Don’t think that nothing can happen to you – get insurance! Travel insurance and card insurance are a must. 
  9. With UniCredit Bank, your ATM withdrawals are free of charge all around the world and you will get the most favourable exchange rate for making payments by card.
  10. Plan your ATM withdrawals beforehand so you don’t have to think about money and can just enjoy your holiday.

 

Enquiries:               Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                                e-mail: petr.plocek@unicreditgroup.cz

                                Phone: 606 694 156

21.4.2017 - UniCredit Bank employees care about the lives of small children

Prague, 21 April 2017 - This is according to the results of the fourteenth annual Gift Matching Program, a philanthropic initiative organised by UniCredit Foundation in 2016. Gift Matching Program enables the bank’s staff to support a non-profit organisation of their choice by fundraising organised by the employees themselves. Subsequently, UniCredit Foundation rewards their efforts and motivation to support local communities by doubling the financial amount of individual fundraising collections.

In 2016, UniCredit Foundation registered more than 11,000 donations from the Group’s staff and the total amount raised approached EUR 2.5 million. The money is going to be used in 449 projects. Together with the Group’s employees, UniCredit Foundation has supported more than 5,000 projects since 2003, donating a considerable amount of EUR 45 million in total.

 

In the Czech Republic, 86% more employees participated in the Gift Matching Program than last year. They supported a total of 24 projects of non-profit organisations of their choice, with the amount raised being equal to as much as EUR 23,706.  UniCredit Foundation has doubled their donations. Increases in the statistics of this program show that the bank’s employees care about the quality of life of those who are reliant on the help of others.   

 

The fundraising collections mostly focus on the support of projects which help small children with different forms of disability, children growing up in disadvantaged families or people socially reliant on the help of others.

 

UniCredit Bank employees in the Czech Republic supported the following non-profit organisations:

 

  • Dejme dětem šanci, o.p.s.
  • Nadační fond N
  • Centrum paliativní péče
  • Fond ohrožených dětí – ZDVOD Klokánek
  • Liga proti rakovině Praha z.s.
  • Arcidiecézní charita Praha
  • Nadační fond LA VIDA LOCA
  • HELPPES – Centrum výcviku psů pro postižené, o.p.s.
  • ČLOVÍČEK / ONE LITTLE
  • Domov Laguna Psáry
  • Důstojně pro všechny
  • Domov pro osoby se zdravotním postižením Rudné u Nejdku
  • Mluvte s námi, z.s.
  • Malíček, z.s. and other….

 

 Maurizio Carrara, Chairman of UniCredit Foundation comments on the results achieved in 2016: “The UniCredit staff continue to demonstrate their commitment and their spirit of solidarity. By supporting the work of non-profit organisations across the globe, they are contributing to a society which is alive, productive and, perhaps most importantly, united. For this reason, for 14 years, we have been supporting non-profit organisations which help disadvantaged groups of the society improve the quality of their life.”

 

 Enquiries:        Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                        E-mail: petr.plocek@unicreditgroup.cz

                        Tel. No.: 606 694 156

24.3.2017 - Radek Hrdlička is the new Head of MIDCAP & SME Corporate Clients at UniCredit Bank

Prague, 24 MarchRadek Hrdlička (46) is the new Head of MIDCAP & SME Corporate Clients. In the newly created office, he is in charge of coordinating all business units of MIDCAP & SME Corporate Clients in the Czech Republic and Slovakia.

Radek Hrdlička is the best choice for the management of sales of corporate clients. During his twenty-year career at UniCredit, he has gained valuable experience in financing of leading corporates and developing commercial relations. He will capitalise on his experience in this new position. UniCredit Bank is one of the top players in corporate finance, further dynamically bolstering its position.

 

Radek Hrdlička commenced his career at UniCredit Bank in 1996, working as a credit specialist. He later became an advisor for corporate clients. From 2007, he was a leader of a sales team for large corporate clients. In this position, he managed a team of salesmen and developed commercial relations between the bank and its top corporate clients.

 

Hrdlička graduated from the Faculty of Electrical Engineering at the Czech Technical University. In 2008, he also completed a Master's degree in management at the Italian SDA Bocconi. He speaks English, German and Russian.

 

 

Enquiries:              Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                                E-mail: petr.plocek@unicreditgroup.cz

                                Tel. No.: 606 694 156

 

8.3.2017 - Two thirds of the Czechs contemplate switching loans. UniCredit Bank is going to offer them the Presto Loan – Consolidation of Loans with an unrivalled interest starting from just 1.4% p.a. subject to due repayment.

Prague, 8 March UniCredit Bank introduces a revolutionary offer of PRESTO Loan – Consolidation of Loans. Subject to due repayment, clients can get a bonus of up to CZK 150,000, obtaining unrivalled interest rates starting from just 1.4% p.a. According to the current survey of UniCredit Bank, up to two thirds of borrowers contemplate switching lenders. When consolidating, the Czechs want to reduce both their monthly instalment and the total cost of repayment.

 

“We are going to offer historically lowest rates for consolidated consumer loans. Anyone contemplating switching loans can easily figure out that loans do not have to be expensive. When borrowers make due repayments and adhere to their repayment schedule, they are going to save a considerable amount of money,” says Ondřej Makovec, Consumer Loans Manager at UniCredit Bank.

 


Clients who consolidate loans over CZK 200,000 with UniCredit Bank get a CZK 50 thousand bonus after repayment of their loan. As for loans over CZK 600 thousand, clients can get a bonus of up to CZK 150 thousand. Practically, any client who switches loans as well as anyone refinancing bank overdraft or credit card and supplements the rest of his/her target volume by new funds for anything can get a bonus of up to CZK 150,000. Clients can easily obtain the favourable conditions at all branches of UniCredit Bank or UniCredit Bank Expres.

 

Finparada

By switching loans, we mainly want to save money; the demand is increasing dramatically


The Czechs are increasingly concerned about how to get better conditions for their consumer loans. 76% of the Czechs wants to save their cost. Therefore, the number of clients who are already actively addressing loan consolidation or switching (from 17 to 29%) as well those who are contemplating using this service (from 27 to 34%) has been sharply rising over the last three years. Overall, almost two thirds of borrowers are contemplating switching their loans (63%)

 

Finparada

Notes for editors

The UniCredit Bank survey was performed in February 2017 and November 2014 by DataCollect and Ipsos on a sample of 525 respondents aged 18 to 65 repaying consumer loans.

 

Enquiries:          Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                        E-mail: petr.plocek@unicreditgroup.cz

                        Tel. No.: 606 694 156

.

24.1.2017 - PRESTO Loan by UniCredit Bank is the best loan in the Financial Product of the Year competition. Also, Mortgage has scored high.

Prague, 24 January UniCredit Bank has once again confirmed its strong position in loan products. In the Finparáda.cz – Financial Product of 2016 competition, it ranked first in the category of general-purpose consumer loans with its PRESTO Loan. Moreover, it also ranked third in the category of Mortgages. Last year, the bank introduced several successful innovations for general-purpose loans; it has introduced the possibility of financing housing with a PRESTO Loan up to the historically lowest interest rates on mortgages with 3 to 10-year fixations.

 

„We aim to offer our clients innovative and comprehensible products under favourable conditions, whether these be low interest rates, extended repayment of loans to 96 months or the possibility of a comfortable and fast taking out of loans or mortgages fully online. Given the severe competition, the success of the general-purpose PRESTO Loan and the Mortgage shows that not only experts, based on an analytical comparison, appreciate our products but that it is mainly the clients who prefer our consumer loans. I am proud of UniCredit Bank repeatedly ranking highest in consumer loan competitions,“ says Giovanni Guidi, Director of Retail & Private Banking of UniCredit Bank..

 

Owing to the general-purpose PRESTO Loan and mortgages, UniCredit Bank helps its clients finance their needs, wishes or dreams of housing. The bank offers tailor-made loans, which can be taken out promptly and easily at branches or online, as well as low interest rates, e.g. in case of consolidation or transfer, the interest rates start from 4.9% p. a. and from 1.69% p. a. on mortgages. Moreover, clients may also achieve significant savings in monthly instalments of their existing loans, bank overdrafts or credit cards when they consolidate them or transfer them to UniCredit Bank.

 

The prestigious Financial Product of the Year” competition has been organised for the sixth time by the Finparáda.cz portal, which has been focusing in the long run on financial products and banking services and their analytical comparison.

 

Enquiries:                  Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakiaia

                                e-mail: petr.plocek@unicreditgroup.cz

                                tel: 606 694 156

 

19.1.2017 - #InvestEU: EIF and UniCredit agreement to provide EUR 160 million for innovative SMEs

Prague, 19th January  – The European Investment Fund (EIF) and UniCredit have signed an InnovFin SME guarantee agreement to enhance access to finance for innovative small and medium-sized enterprises (SMEs) and mid-caps in eight countries. This transaction benefits from the support of Horizon 2020, the EU's Framework Programme for Research and Innovation, and the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe.

This agreement will allow UniCredit, via its banks, to offer additional financing worth EUR 160 million to innovative companies in Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Slovakia, Hungary, Romania and Serbia.

The banks in Bosnia and Herzegovina and in Serbia will benefit from the support of a guarantee provided by EIF and backed under Horizon 2020, the EU's Research and Innovation programme, while the guarantee agreements with the banks in Bulgaria, Croatia, Czech Republic, Slovakia, Hungary and Romania will be backed by the Investment Plan for Europe.

European Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: “This agreement is excellent news for innovative small companies across these eight countries. The additional EUR 160 million in financing that will be made available from this agreement demonstrates that the Investment Plan is playing a crucial role in achieving the Commission's objective of providing the support that will allow SMEs to create jobs, innovate and grow.”

EIF Chief Executive Pier Luigi Gilibert added: “This umbrella SME guarantee agreement will be instrumental in helping countries in the Western Balkans and Eastern European regions to foster innovation and entrepreneurship. I am confident that UniCredit’s network of banks in these eight countries will target high-growth potential companies, which will be able to translate the additional financing received into growth and job creation.”

Carlo Vivaldi, Head of CEE Division of UniCredit, said: “We are strongly committed in supporting SMEs companies in Central and Eastern Europe (CEE). Thanks to the new umbrella facility and our extensive network we can further facilitate the development of innovative SMEs across different countries where our clients will have easier access to finance and will benefit of better pricing.”

The transaction reflects the EU's commitment to rapidly launch concrete initiatives aiming at accelerating lending and guarantee transactions capable of boosting jobs and growth in the EU.

 

About EIF

The European Investment Fund (EIF) is part of the European Investment Bank Group. Its central mission is to support Europe's micro, small and medium-sized businesses (SMEs) by helping them to access finance. EIF designs and develops venture and growth capital, guarantees and microfinance instruments which specifically target this market segment. In this role, EIF fosters EU objectives in support of innovation, research and development, entrepreneurship, growth, and employment. More information on EIF's work under EFSI is available here.

 

About UniCredit

UniCredit is a strong Pan-European Group with a simple commercial banking model and  a fully plugged in Corporate & Investment Bank, delivering its unique Western, Central and Eastern European network to its extensive 25 million strong client franchise.
UniCredit  offers local expertise as well as international reach and accompanies and supports its clients globally, providing clients with unparalleled access to leading banks in its 14 core markets as well as an another 19 countries worldwide. UniCredit  European banking network includes of Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Slovakia, Slovenia, Serbia, Turkey.

 

About the Investment Plan for Europe

The Investment Plan focuses on strengthening European investments to create jobs and growth. It does so by making smarter use of new and existing financial resources, removing obstacles to investment, providing visibility and technical assistance to investment projects. The Investment Plan is already showing results. The projects and agreements approved for financing under EFSI so far are expected to mobilise over EUR 164 billion in total investments across 28 Member States and to support more than 388 000 SMEs. On 14 September 2016, the European Commission proposed extending EFSI by increasing its firepower and duration as well as reinforcing its strengths. Find the latest EFSI figures by sector and by country here. For more info, see the FAQs.

 

About InnovFin

The InnovFin SME Guarantee Facility is established under the “EU InnovFin Finance for Innovators” initiative backed by Horizon 2020. It provides guarantees and counter-guarantees on debt financing of between EUR 25,000 and EUR 7.5 million in order to improve access to loan finance for innovative small and medium-sized enterprises and small mid-caps (up to 499 employees). The facility is managed by EIF, and is rolled out through financial intermediaries – banks and other financial institutions – in EU Member States and Associated Countries. Under this facility, financial intermediaries are guaranteed by EIF against a proportion of their losses incurred on the debt financing covered under the facility.

 

 

Press contacts:

EIF: David Yormesor

Tel.: + 352 24 85 81 346, e-mail: d.yormesor@eif.org

 

UniCredit Group: Media Relations

Tel.: + 39 02 886 23 569, e-mail: mediarelations@unicredit.eu

 

European Commission: Enda McNamara

Tel.: + 32 (0)2 29 64 976, E-Mail: enda.mcnamara@ec.europa.eu

4.1.2017 - Ljubisa Tesic appointed as new Chief Financial Officer and Board Member at UniCredit Bank

Prague, January 4 - Ljubisa Tesic (40) has been appointed as new Chief Financial Officer, as well as Member of the Board of Directors at UniCredit Bank. With his twenty years of experience in banking in several European countries, Tesic replaces Gregor Hofstaetter-Pobst. Within UniCredit Group, Gregor Hofstaetter-Pobst has been appointed as Chief Financial Officer of the Austrian Bank Austria.

 

Ljubisa Tesic held the office of Chief Financial Officer and Board Member in the Bosnian UniCredit Bank Banja Luka and the Hungarian UniCredit Bank Hungary. He spent three years in each of these banks of UniCredit Group.

 

I am really glad that Ljubisa Tesic has joined our team at UniCredit Bank Czech Republic and Slovakia, where he can build on his extensive professional and managerial experience,” says Jiri Kunert, CEO and Board Chairman at UniCredit Bank Czech Republic and Slovakia.

 

Ljubisa Tesic started his career in HVB Germany in his home country of Germany in 1996. Within the bank, which is now part of UniCredit Group, he held various positions within Private Banking, Risk Management (in London), Controlling, Strategic Projects, and Mergers & Acquisitions. Thereafter, he was appointed as a Senior Manager with responsibility for Strategic Development and M&A in Bank Austria Creditanstalt in Vienna, then as Managing Director of UniCredit Markets & Investment Banking at UniCredit Bank AG (in Munich and Vienna).

 

Ljubisa speaks German, Bosnian, Croatian, Serbian, and English. He studied business management at University of Banking in Frankfurt am Main, Germany (Hochschule für Bankwirtschaft, HfB – now Frankfurt School of Finance & Management). He is married with three children.

 

 

Enquiries:              Petr Plocek, Press Spokesman of UniCredit Bank Czech Republic and Slovakia

                               E-mail: petr.plocek@unicreditgroup.cz

                               Phone: 606 694 156                     

19.12.2016 - Pay with your thumb! UniCredit introduces fingerprint payments in Smart Banking

Prague, 19. DecemberSanta Claus does not have to bring gifts only on Christmas Eve The red and white logo of UniCredit is no coincidence - the bank has Christmas presents for you before the Christmas Eve this year. You do not have a tree? It doesn’t matter, all you need is a smartphone. As an early present, UniCredit Bank introduces a possibility of making payments in a quick, convenient, and secure manner in the Smart Banking mobile application using only your fingerprint.

 

Already in May of last year, UniCredit Bank was the first bank in the Czech market to introduce the fingerprint technology in smartphones in its mobile banking. Owing to their fingerprint, clients can log into Smart Banking as well as the Online Banking key.. Now, clients may use it even more effectively – for faster and safer signing of payments.

 

The most important thing in every relationship is to truly listen. Here, at UniCredit Bank, we have made the wishes of our clients come true. The outcome is a unique innovation allowing them to confirm payments up to CZK 5,000 in the mobile Smart Banking by using only a fingerprint,says Carmelo Minardi, Director of Multi-Channel Banking at UniCredit Bank. Transactions over CZK 5,000 will be signed by PIN, as at present.

 

UniCredit Bank’s Smart Banking makes full use of the state-of-the-art technology of smartphones. Besides simplifying the activation of the application via SMS, the feature of account detail sharing or automatic setting of the payment date, we have made the last update of the mobile Smart Banking more comfortable and safer. 

 

Fingerprint payments bring clients extra comfort and speed when making their transactions from a mobile phone. To send money using a fingerprint is just as convenient and fast as to pay for your shopping with a contactless card at the cash-desk with a beep,” adds Radek Jirka, Manager of Direct Banking at UniCredit Bank.

 

In order to secure personal data protection, Smart Banking uses the fingerprint technology in the user’s smartphone. Fingerprints are neither saved nor sent to the bank’s server. Following the next update of the application, UniCredit Bank’s Smart Banking users with smartphones where the fingerprint feature is enabled may use it.

 

Enquiries:              Petr Plocek, Press Spokesman of UniCredit Bank Czech Republic and Slovakia

                               E-mail: petr.plocek@unicreditgroup.cz

                               Phone: 606 694 156                     

15.12.2016 - Get ready for EET. Clients of UniCredit Bank can cut their cost on acquiring cash register system

Prague, 15 December – UniCredit Bank will allow entrepreneurs and traders to considerably cut their costs on implementing electronic records of sales (EET). To those interested, the Bank will offer a cash register system from the company Dotykačka for the lowest price. The cash register system also enables interconnection with payment terminals. Thanks to a discount, clients of UniCredit can get the basic package containing a tablet with the cash register system and a printer for as little as CZK 4,242.

 

“We want to make the work of entrepreneurs and traders as easy as possible, save their time and money. We have carried out for them an in-depth analysis of the market offering solutions for EET and we have chosen the most favourable solution from the company Dotykačka. Thanks to our discount, they can acquire the best value-for-money cash register system from as little as CZK 4,242. Clients do not need to acquire payment terminals, but if needed, they can easily interconnect payment terminals with the acquired solution,” says Jiří Daneš, Head of Small Business Segment in UniCredit Bank.

 

UniCredit Bank, in cooperation with the company Dotykačka, will allow small entrepreneurs and traders to acquire all their solutions related to the implementation of electronic records of sales for the most favourable prices. The cash registered system from Dotykačka can, in full operation, record sales and print fiscal identification codes and security codes of the payer on receipts. Thanks to the possibility of interconnection with certified payment terminals of UniCredit Bank, entrepreneurs will get a reliable solution of cash register system for recording sales with many other functionalities and 24/7 support.

 

UniCredit Bank has also prepared a simple solution for those entrepreneurs and traders who are obliged to record sales and who already own a cash register system. UniCredit Bank will interconnect their existing or newly acquired payment terminal with EET software from the company Sonet. That will allow them to comply with their statutory recording obligation simply and without the need to change their existing cash registers. “Our terminals are able to process e-sales not only from payment terminals, but also in the case of cash payment or payment by electronic meal voucher,” adds Jiří Daneš.

 

Entrepreneurs in the area of accommodation and boarding services have the obligation of electronic recording of sales since 1 December of this year. The obligation will gradually, until the year 2018, apply to all entrepreneurs and companies who receive money for goods or services (cash or payments by card, meal vouchers, etc.), from wholesale to retail, through freelancers, as well as farmers and selected craftsmen.

 

Enquiries:              Petr Plocek, Press Spokesman of UniCredit Bank Czech Republic and Slovakia

                               E-mail: petr.plocek@unicreditgroup.cz

                               Phone: 606 694 156                     

1.12.2016 - Information on the regime of processing payment orders, administering mutual funds and the operation of the bank´s branches at the end of the year 2016

More information find here.

25.11.2016 - UniCredit Bank launches new Online Banking with financial planning

Prague, November 25th UniCredit Bank has launched a brand new Online Banking version with a modern design and an entire range of new functions. In the last two years, the number of users of UniCredit Bank online banking has increased by more than 40 percent, exceeding 400 thousand.

 

Modern internet banking by UniCredit Bank meets clients’ needs at a time when 9 out of 10 Czechs active on the internet manage their finance primarily online. We are checking our account balance most frequently on Mondays, logging in the online banking on the first day of the week almost 40% more often than on other days. We are sending payments primarily in the morning between 9 a.m. and noon, as shown by the UniCredit Bank data.

graf1

 

„Today, internet banking is no longer about payments alone. It has become the centre of financial planning so as to keep all our expenses under control. We are introducing an innovation of our Online Banking, reflecting these trends. It enables clients to easily send payments, plan their budget for future expenses and see the past ones at any time. Moreover, clients save money easier with the smart automatic saving in order to fulfil all of their dreams,“ says Carmelo Minardi, Head of Multi-Channel Banking, UniCredit Bank.

 

Easy payments

Tens of thousands of standard transactions made by clients on a daily basis will be easier owing to the PAY function. “With the new function of Online Banking, you no longer have to deal with what type of payment you want to make. You just enter the account number or telephone number and the system will recognise whether you are sending a domestic or foreign payment, or whether you want to top up your mobile phone,” explains Radek Jirka, Manager of Direct Banking.

 

Subsequently, you just fill in optional information, such as a variable symbol, and send the payment. Everything is intuitive, prompt, and easy.  Online Banking also remembers the account numbers and all the required data, summarising it in a directory. For their most frequent payments, clients may easily create a template for further use.

 

Fulfil your wishes and watch your expenses

With Online Banking by UniCredit Bank, clients can also keep a more detailed track of their finance. It automatically includes all client's expenses in one of the nine main categories (Cash, Household, Transport, Leisure & Shopping, Health & Beauty, Education, Business, Repayment and Fees, and Other). If the system cannot categorise an expense, the user himself/herself can add it in the appropriate "box".

graf2

 

You can also determine a monthly budget for every category, and monitor the interactive charts to see how it is being implemented. The home page also shows balances of all products, including cards, savings accounts, loans and investments. Clients have their funds easily under control right at the first look in the Online Banking.

 

“The "My Goals" feature is another innovation. Would you like to have a quality bag or summer holiday? You just have to choose the price and deadline by which you want to fulfil your wish and the Online Banking itself calculates the amount you need to save on a monthly basis. So that you really don't forget, with one click you can make a standing order, automatically sending the amount required to be saved. You will have the whole amount saved by the set deadline and you can go shopping," states Radek Jirka.

graf3

 

We are sending payments primarily before noon

The Czechs login in their internet banking most often early in the week, the most frequent Mondays being followed by other working days. “On the contrary, most clients are leaving their finance aside on weekends, with the number of logins increasing during Sunday afternoons, just before the ultimate end of the week,” explains Carmelo Minardi.

 

We are sending money from our accounts mainly in the morning, with the highest peak after 10 o'clock. An increasing volume of money is flowing through internet banking. At present, an average transaction of UniCredit Bank clients exceeds CZK 6,270, i.e. 7 percent more than last year. The strongest day is again Monday, with a considerable increase in payments starting on Sunday evenings.

 

Online Banking 1

 

Online Banking 2

 

Online Banking 3

 

Online Banking 4

 

 

Enquiries:              Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                               E-mail: petr.plocek@unicreditgroup.cz

                               Tel. No.: 606 694 156                              

24.11.2016 - UniCredit Bank obtains the Account of the Year 2016 award

Prague, 24th NovemberU Konto by UniCredit Bank is the best current account in the Czech Republic. In a prestigious competition of banking products entitled Fincentrum Bank of the Year 2016, UniCredit Bank ranked first in the Account of the Year category. Experts have awarded its unique current account, which offers a whole range of services and withdrawals from all ATMs worldwide free of charge. Moreover, the bank offers a ten-year guarantee of the account conditions. Since its creation in 2014, the U Konto by UniCredit Bank has been opened by more than 315 thousand clients of the bank.


"We have been the first bank in the Czech and Slovak market to introduce the fee-free account in April 2014. We aimed to meet not only the clients’ requirements and expectations as regards modern, innovative and user-friendly current accounts, we also wanted to positively surprise our clients. That is why the U Konto provides not only a whole range of services free of charge, including online transactions and mobile banking, but also withdrawals from ATMs worldwide. Moreover, clients are able to conveniently use all these benefits in the long term, owing to the ten-year guarantee of conditions," says Giovanni Guidi, Head of Retail and Private Banking at UniCredit Bank.

 

Clients can open the fee-free account at branches at UniCredit Bank or UniCredit Bank Expres, partners´ corners or fully online. Subject to an active use of the U Konto, clients can use the account completely free of charge. All you need to do is send, let’s say, your pay to this account and generate a monthly credit turnover of CZK 12,000. For young people up to 26 years of age, the U Konto is free of charge without any conditions. Within the U Konto, clients obtain a free-of-charge account keeping, debit payment card, electronic transactions, and access to Online and Smart Banking. Moreover, with the U Konto, clients do not have to waste their time by looking for an ATM and they can withdraw cash free of charge at any ATM at home or worldwide with no limitations. In the U Konto TANDEM option, clients can meet the condition of active account use in pairs, getting two mutually independent accounts.

 

Both existing and new clients who currently open the favourable free-of-charge U Konto in the bank get the opportunity to buy a powerful and elegant Huawei P9 lite Dual SIM smartphone under favourable conditions. Owing to the pre-approved credit card, they can get the smartphone for only CZK 499 a month for 12 months.

 

 

Enquiries:              Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                               E-mail: petr.plocek@unicreditgroup.cz

                               Tel. No.: 606 694 156                              

Consolidated Interim Report as at September 30, 2016 – Press release

Consolidated Interim Report download here.

11.11.2016 - Lower instalments and a smartphone free of charge? Transfer your loans to UniCredit Bank and extend their maturity up to 8 years

Prague, 11 November – Pay less on a monthly instalment and even get a smartphone free of charge? Owing to the favourable PRESTO Loan by UniCredit Bank, your wish will come true. You can save a considerable amount of money by transferring one or consolidating several existing consumer loans, bank overdrafts, or used credit cards to UniCredit Bank. Now, you can extend your repayment period up to 96 months, making your monthly instalments lower. Moreover, you will get a favourable interest rate from 4.9% p.a. and a powerful Huawei smartphone completely free of charge.

“When transferring or consolidating consumer loans, the possibility of saving money is important for clients. With our PRESTO Loan, they will not only save money owing to the favourable interest rate but they will also be able to considerably reduce the total amount of their monthly instalment as required owing to the new possibility of extending the repayment period to eight years. In this way, they will have more money in their family budget every month,” says Dalibor Mička, Household Financing Director at UniCredit Bank.

 

Clients who transfer their consumer loans, bank overdrafts, or credit cards to UniCredit during the autumn will get an extra bonus - a powerful and elegant Huawei P9 lite Dual SIM smartphone free of charge. All you have to do is take out a PRESTO Loan* of at least CZK 200,000 and arrange the repayment period from 72 up to 96 months.

 

* The offer applies to all PRESTO Loan types with the insurance of the ability to pay and with an actively used account in UniCredit Bank. The minimum amount of the loan (including the insurance) must be at least CZK 200,000 for a minimum duration of 72 months.

 

 

Enquiries:          Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                           E-mail: petr.plocek@unicreditgroup.cz

                           Tel. No.: 606 694 156

 

3.10.2016 - UniCredit to Introduce Export Financing and Leasing News at the International Engineering Fair

Brno, 3 OctoberThe leaders of the SME and Corporate financing in the Czech market, UniCredit Bank, UniCredit Leasing and UniCredit Factoring, plan to present their services at the International Engineering Fair. The visitors will learn about the news and trends in corporate banking, export financing, leasing and factoring services. The visitors may find the companies in booth 076 in the pavilion Z.

The economic success of the Czech Republic is greatly due to mechanical engineering, production of motor vehicles and transportation machines, and the technological sector in general. The economic boom and the positive economic growth are also perceptible in the Czech export. The rapidly changing geopolitical situation keeps pushing Czech companies to go for a more substantial diversification. However, exporters also discover new opportunities in unusual regions.

 

“Besides recovery of the Russian demand and the already traditional standing of Azerbaijan, the country featuring one of the greatest exposures when it comes to export financing, we face the growing demand from the South-East Asia, and particularly from Indonesia, Laos and Vietnam. Czech export could find greater space in the African continent in future, but now it continues to lag behind its potential despite gradual growth,” explained Jiří Flégl, Manager of UniCredit Bank’s Structured Export Financing. The improvement of business conditions in Central America is worth mentioning as well. The developing regional integration, strategic location close to sea routes, and particularly the emerging customs union attracts investors from all over the world.

 

The Bank's presentation at the fair will be accompanied by UniCredit Leasing, one of the leaders in the non-bank financing market and the member of the UniCredit Bank financial group. The company which celebrated the 250th anniversary in the Czech market this year will present the visitors with the offer of products and services in machinery and agricultural technology financing. UniCredit Leasing finances plenty of Czech exporters and offers a whole range of re-financing solutions for investment designs of each and every client. The demand of clients for intermediation of leasing products securing the necessary investments with minimum, or even zero, initial costs has been growing on a long-term basis.

 

“Machinery and machine technology financing constitutes an important segment and we are successful in making use of all three business channels. We are successful in the direct sale, in synergies with the Bank and, last but not least, in the cooperation with the manufacturers and suppliers of the technology itself. The trend in the machinery sector definitely heads for the financial leasing. It reaches as much as two thirds of all sales in this segment. Thanks to financial leasing, the companies acquire equipment as a certain form of investment with a much longer use value compared to the repayment period of this equipment,” said Jiří Matula, CEO and Chairman of the Board of UniCredit Leasing.

 

Besides the still more popular financial and operating leasing, UniCredit Leasing will also introduce other products at the fair. From CreditMachinery, a standard purposeful loan to buy machinery, up to the pre-financing of machinery, irregular and deferred instalments, beneficial insurance and the combination with all kinds of subsidy titles.

 

UniCredit Bank has vast experience in export financing. The quality of its services was recognized by the well-known Euromoney magazine last year again when it won the Best Trade Finance Bank award. Furthermore, UniCredit Bank is also the general partner of the DHL Export Award, a prestigious prize for small and medium enterprises which made it to foreign markets.

 

 

Questions:            Petr Plocek, Press Agent of UniCredit Bank Czech Republic and Slovakia

                                e-mail: petr.plocek@unicreditgroup.cz

                                phone: 606 694 156

21.9.2016 - Want more from your bank. Get a Huawei smartphone at an advantageous price with the U Konto account or PRESTO Loan from UniCredit Bank

 

Prague, 21 September – Do you want to get a powerful and elegant smartphone for free or with a considerable discount right from your bank? It's no problem with UniCredit Bank. Owing to the favourable PRESTO Loan, you can now get a Huawei smartphone entirely free of charge. At the same time, we are also extending the already long list of benefits of the free-of-charge U Konto account, with which you can get the mentioned smartphone with a significant discount. The UniCredit Bank autumn campaign focused on the benefits of both products has kicked off.

 

In the autumn, all clients who take out a consumer PRESTO Loan receive a powerful and elegant Huawei P9 lite Dual SIM smartphone from UniCredit Bank as a gift*. The only condition is a minimum amount of loan of CZK 200 thousand and duration of the repayment period of at least 72 months. The loan may be used for anything, or merge or transfer your existing loans to UniCredit Bank and save, let’s say, on a monthly instalment. You can also save money by taking out the insurance of the ability to repay and by actively using your account in UniCredit Bank.

 

Moreover, existing or new clients who open the advantageous free-of-charge U Konto account in the bank have the opportunity to buy the mentioned smartphone at favourable CZK 5,990, saving around one-fifth of the current market price. Owing to a pre-approved credit card which they easily get within a U Konto account, clients can buy the smartphone at only CZK 499 a month for a 12-month period. Almost 300 thousand clients have already been using the benefits of the popular U Konto account, such as account keeping, online transactions or withdrawals from any ATM all over the world entirely free of charge, subject to an active use of the account. All you need to have, let’s say, your pay sent to this account and generate a monthly credit turnover of CZK 12,000.

 

Within the campaign, there have been TV spots on TV Nova and TV Prima and their related channels in CZ from 19 September. In Slovakia, TV spots will be primarily broadcast on TV Markíza. In the online environment, the focus will be mainly on display banner ads on the most popular servers - iDnes.cz, Seznam.cz, Blesk.cz and Denik.cz in the Czech Republic and on Sme.sk, Atlas.sk, Aktuality.sk or Centrum.sk in Slovakia. A part of the campaign will also be on social networks.

 

 

* The offer applies to PRESTO Loans with the insurance of the ability to pay and with an actively used account in UniCredit Bank. The minimum amount of the loan (including the insurance) must be at least CZK 200,000 and duration of at least 72 months.

 

 

Enquiries:       Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                        E-mail: petr.plocek@unicreditgroup.cz

                        Tel. No.: 606 694 156

2.9.2016 - UniCredit Bank introduces a historically lowest interest rate, starting from 1.29%, for multi-annual fixations to the mortgage market

 

Prague, 2 September – The period of reductions in mortgage loan rates continues. A historically lowest interest rate, starting from 1.29%, for seven- and ten-year fixation periods has been introduced to the Czech market. UniCredit Bank thus continues in its “all at the price of one” mortgage concept, introducing a single interest rate starting from 1.29% p.a. for 3-, 5-, 7-, and 10-year fixations. The bank’s historical reduction in interest rates is valid from 1 September 2016.

 

The new “all at the price of one” mortgage concept has been favoured by UniCredit Bank clients for three years already and has been awarded by the professional jury in Zlatá koruna 2016. During this autumn, the bank decided to extend its concept to longer fixations, which are increasingly popular. In the first six-month period of 2016, for instance, ten-year fixations were taken out in the bank by 60% more clients yoy and their involvement in the popular concept soon followed.

 

“Today, an interest rate guaranteed for several years is one of the most frequent requirements by mortgage loan applicants. We, at UniCredit Bank, meet their requirements and introduce the historically lowest interest rates - attractive as to both their amount and length - to the Czech mortgage market,” says Giovanni Guidi, Director of Retail and Private Banking Division.

 

In the UniCredit Bank offer, the new interest rates of mortgage loans are available from 1 September 2016. The offer of 3-, 5-, 7-, and even 10-year fixations applies both to purchases of new housing and refinancing of existing mortgage loans.

 

UniCredit Bank is currently the fourth largest bank in the country, providing a wide range of mortgage loans via its experts in the entire branch network of UniCredit Bank and UniCredit Bank Express, including the distribution network of its partners. Clients may secure refinancing of mortgage also through the modern banking e-shop from the comfort of their home.

 

 

Enquiries:          Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                        E-mail: petr.plocek@unicreditgroup.cz

UniCredit Bank Czech Republic and Slovakia achieved excellent business results in the first half of 2016. Consolidated net profit grew by 11.9% yoy to CZK 3.5 billion
  • Consolidated net profit went up by 11.9% yoy to CZK 3.5 billion compared to half-year results of the financial group UniCredit Bank Czech Republic and Slovakia reported in the last year.
  • Operating income increased by 6.9% yoy.
  • Loans to clients rose by 4.9% compared to 30 June 2015.
  • Deposits from clients increased by 11.8% yoy.
  • Total assets grew by 12.6% yoy.
  • Mortgage loan and consumer loan from UniCredit Bank succeeded in the Zlatá koruna (Golden Crown) competition; mobile Smart Banking won second place in the Novelty of the Year category.
  • Both UniCredit Leasing and UniCredit Factoring celebrated 25 years on the Czech market.

The after-tax consolidated profit of UniCredit Bank Czech Republic and Slovakia increased from CZK 3,095 million (as of 30 June 2015) to CZK 3,463 million (as of 30 June 2016).

Comments of Jiří Kunert, CEO and Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia:
"Despite the increased costs to the Resolution Fund and the Deposit Insurance Fund, we have achieved a twelve percent growth in consolidated net profit. This major increase in net profit was due to both the steadily increasing volumes of retail and corporate loans as well as the return on the international transaction – acquisition of Visa Europe, where our bank had a shareholding. We manage to successfully implement the set strategy across all segments and we are creating a strong position for further growth on both markets. UniCredit Bank enjoys high levels of trust among its clients, in the times when banks all around Europe are under pressure from increasing regulation, maintaining profitability or events such as Brexit."

FINANCIAL INDICATORS OF UniCredit Bank Czech Republic and Slovakia – 1ST HALF-YEAR 2016

 Consolidated Data

1H 2016

1H 2015

Change

Profit and Loss Statement (CZK million)

 

 

 

Net interest and similar income

5,078

5,200

-2.3 %

Net fee and commission income

1,919

1,956

-1.9 %

Administrative expenses

4,151

3,646

+13.9 %

Credit risk cost

542

762

-28.9 %

Profit before income tax

4,360

3,884

+12.3 %

Net profit after tax

3,463

3,095

+11.9 %

Balance Sheet (CZK million)

 

 

 

Total assets

632,779

561,766

+12.6 %

Receivables from clients

373,221

355,880

+4.9 %

Deposits from clients

372,156

333,008

+11.8 %

Payables from debt securities

63,299

67,811

-6.7 %

Shareholder's issued capital

64,849

57,777

+12.2 %


COMMENTS TO THE ATTAINED RESULTS

Items of Profit and Loss Statement
“Low interest rates and growing competition on the banking market result in a slight decrease of net interest income and net income from fees and commissions. Growing regulatory requirements have further impact on the growth of administrative expenses of banks, including our Bank. However, it is thanks to our prudent strategy and positive macro environment that we manage to continually reduce credit risk cost which fell by 28.9% yoy,” said Mr. Gregor Hofstaetter-Pobst, CFO of UniCredit Bank.

Balance Sheet

  • In the retail banking, the lending segment grew considerably by 13.6% thanks to a high growth of mortgage loans (14.3%), as well as of consumer loans (11%). Bank deposits of retail clients are also growing (9.1%), supported by the success of the no-fee account U konto (U Account) which is gaining growing popularity, especially among young clients.
  • In the corporate segment, deposits from clients significantly increased by 18.1% yoy. Stable growth of granted loans (4.8%) was visible in the segment of small and medium enterprises which reported a two-digit growth by 10.1%.
  • As for leasing companies, financed value of vehicles grew by 26% in the first half of 2016 compared to the same period of 2015. The most significant year-on-year growth expressed in percent was reached by vehicles up to 3.5 tonnes (31%) and vehicles over 3.5 tonnes (7%).

Novelties and awards

  • At the beginning of this year, both UniCredit Leasing and UniCredit Factoring celebrated 25 years on the Czech market.
  • In the first half of 2016, UniCredit Bank also introduced several important product novelties. Customers can now open U konto TANDEM (U Account Tandem) which enables them to fulfil the condition of minimum turnover for no-fee current account in tandem. The introduction of PRESTO Půjčka (PRESTO Loan) with a bonus of CZK 3,000 (in the case of loan over CZK 100 thousand) was also promoted by a marketing campaign of the Bank. The Bank already launched the second round of the successful programme “Doporuč a získej” (Recommend and Be Awarded) in which the Bank rewards its customers for recommending services to friends and acquaintances.
  • In the Zlatá koruna (Golden Crown) competition, UniCredit Bank had the best mortgage and consumer loan. Also mobile Smart Banking was successful, winning the second place in the Novelty of the Year category. The professional jury also awarded the stock dividend fund of Pioneer Investments, which is a member of UniCredit Group.
2.8.2016 - All you need to have in Rio is a payment card and petty cash; watch out for frequent thefts or ten financial tips for enjoying a nice holiday in Brazil full of sporting experiences

Prague, 2 August - This years No. 1 sporting event is fast approaching and not even the thousands of kilometres between the Czech Republic and Brazil will dissuade convinced sports fans from visiting Rio de Janeiro. They will enjoy sunny beaches, samba rhythms, several monuments, and powerful sporting experiences. But even a holiday comes at a price. Where to pay with your card, where to pay with cash, how to withdraw money from ATMs and, first of all, how to not get robbed in Rio? You will get all the information in our summary ten tips for your finance during the sporting adventure in Brazil.

1) Prices are somewhat higher than in CZ, the currency is Brazilian Real
Brazilian currency is Brazilian Real (R$), with one Real divided into 100 centavos. It corresponds to around CZK 7. Prices are a bit higher than in the Czech Republic here, in particular in tourist destinations. For transport and entry to the famous gigantic statue of Christ the Redeemer you will pay from CZK 160 to 480, depending on the ticket type.

2) Take US dollars with you, you can exchange them at the best exchange rate in exchange offices
Reals are hard to exchange in CZ. US dollars are a safe bet, with a recently increasing possibility of exchanging Euros, too. Take only cash for the first few days. But watch out, for example, a taxi drive from airport can cost you around USD 60, even USD 100 to some districts. A small amount of cash can be exchanged in the Rio airport exchange office (câmbio). The best exchange rates are offered by exchange offices in the city. Please note that they are often open only until 4 PM. On the contrary, exchange rates in hotels tend to be undervalued. 

3) Do not take an unreasonably large amount of cash with you, you can pay by card almost everywhere in Rio
Recently, payment terminals have spread massively across the country, allowing you to pay by card practically everywhere. You can use it in shops, hotels, and restaurants. When making payments with a merchant, say you are paying “credito” [pronounce kre:dʒitu]. You will be able to use the standard debit and credit card. The only place where you will not do without cash is public transport, most taxis and some beach sellers, although even they have a terminal already.

4) When travelling, having two cards is better
Ideally, a credit and a debit card. You will at least be all right when one of them is lost or stolen. Sometimes it is convenient to use a credit card instead of the debit card, say, when booking hotels or paying online. Listen to your banker’s advice as to when it is adequate to use the relevant card.

5) Try a cashless holiday, ATMs are not functioning very well in Brazil
Do not rely much on ATMs in Brazil. Although there is quite a lot of them in busy streets, supermarkets and sometimes even in pharmacies, they are often not functioning. They can also request extra charges or fail to supply the entire amount available on your card. When you are already out of cash, due to frequent thefts and frauds, look for ATMs of Brazilian renowned major banks, marked with the logo of your card, which are located in the main streets, ideally inside their branches. Use ATMs for withdrawals (saques). ATMs not designated as ATMs for withdrawals do not supply cash. Make no withdrawals alone, in back alleys, and from ATMs of unknown banks. And remember, there are accounts thanks to which you can make withdrawals free of charge anywhere in the world.

6) Watch out for frauds, mainly skimming
Skimming or installation of a reader in an ATM, which copies card data and PIN, is rather common here. Once again, make withdrawals only from ATMs of major banks directly at their branches, avoid back alleys, unknown companies or devices suspicious in any way. When suspicious, rather go somewhere else.

7) Thefts taking place every day. How to avoid them?
Petty thieves move around the entire city and local authorities expect a significant increase in their activities during the sporting event. If you abide by these simple rules, you do not have to be afraid of being robbed. It is not advisable to go to the beach or park after dark. Do not rely on the busy public premises. Always have two wallets with you. In the well-hidden wallet, keep your cards and documents. Keep ten or fifteen dollars in the other one. If someone would want to rob you, keep calm. Do not resist, do not talk back, do not try to negotiate. Calmly hand over your wallet with the petty cash. They will be satisfied and let you go. And you will not lose your valuables or documents.

8) Insure yourself and your money
Before the travel, do not forget to take out travel insurance; you can often get better conditions for your payment card. Take out insurance for your cards, too. It covers the misuse of a stolen or lost payment card. It also applies to online transactions and PIN payments. It also covers repeated acquisition of stolen documents, keys, or mobile phone. In the event of a loss or theft, protection of the card owner may apply up to 120 hours retroactively from the blockage.

9) Hire-purchase system everywhere
Brazilian people have a lose attitude towards money, preferring various hire-purchase systems. Today, you can even buy a bottle of lemonade right in the corner shop using a hire-purchase system. However, this method of payment is not advisable :-) If you pay by credit card and you are asked about the number of instalments, say only one. Foreign credit cards allow no hire-purchase.

10) It is not easy to get a local SIM card
If you have thought that you would buy a local SIM card to save money on high roaming expenses, you will be disappointed. Although you can buy a cards for your mobile phone, it can be only activated for a Brazilian birth certificate number (CPF - Cadastro de Pessoas Físicas). You will also need a CPF to buy flight tickets, car or, say, air-conditioner at favourable prices. You can also get one as tourists using your passports. However, the procedure can also last an entire day, which you would definitely rather spend watching Barbora Spotakova throwing the javelin.

13.6.2016 - Giovanni Guidi appointed as a new Board member of UniCredit Bank

Prague, 13 JuneGiovanni Guidi (62) became a new Board member of UniCredit Bank Czech Republic and Slovakia in June. Within UniCredit Bank, he will continue in his position as Head of Retail and Private Banking Division.

Giovanni Guidi has more than 40 years of experience in the banking sector. He started his career in UniCredit Group in 1975 as an employee in retail network of Credito Italiano. He gradually made his way up to top management. He was in charge of the development of Retail and SME segment as well as of Credit and Market Risk Processes.

Giovanni Guidi started his international career in 2002 in UniCredit Group’s New Europe Division, where he was responsible for the development of Retail and SME segment. From 2005, he participated in the reorganisation of UniCredit Group and worked as a regional manager in several Central and Eastern Europe countries, from Poland and Croatia to Turkey.

In 2008, Mr. Guidi held the office of Head of Retail Risk in Ukrosotsbank, a former Ukrainian branch of UniCredit Group. In 2010, he joined UniCredit Bank Czech Republic as Head of Consumer Finance. In 2012, he was appointed Head of Retail Banking Division and shortly after also Executive Committee member. Mr. Guidi participated, for instance, in strategies for acquisition and retention of affluent clients and in development of retail banking.

8.6.2016 - Two is better than one. Enjoy the benefits of a free-of-charge account in tandem with the new U Konto Tandem account by UniCredit Bank

Prague, 8 June You are always two in a tandem to share the everything. Even a bank account. In a tandem, you can easily meet the only condition of active account use with the new U Konto Tandem account by UniCredit Bank. If you have a total of CZK 12,000 sent to your two linked accounts every month, you both will get a free-of-charge keeping of accounts that are independent of each other and many other services for free.

 

Two is always better than one. Link two current accounts in UniCredit Bank into the new U Konto Tandem account and you can help each other meet all the preconditions for a free-of-charge keeping of these accounts. In addition, the proportion in which you credit these accounts with CZK 12,000 does not matter.  Even an unexpected reduction in your income will not catch you unprepared. In tandem, you will overcome it with no useless extra expenses with the U Konto Tandem account.

 

Both clients with a U Konto Tandem account will enjoy the same benefits as with the popular U Konto account: account keeping or withdrawals from all ATMs worldwide for free, free-of-charge domestic online payments and many other services. Each of the two linked accounts is completely independent with its own payment cards and Online as well as Smart Banking. Moreover, UniCredit Bank guarantees the account conditions for the next ten years.

 

UniCredit Bank introduced the unique free-of-charge U Konto account to the Czech and Slovak market in April 2014. In more than two years of its existence, it has been opened by over 260 thousand clients of the bank and their number has been steadily increasing.

 

 

 

Enquiries:           Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                            E-mail: petr.plocek@unicreditgroup.cz

                            Tel. No.: 606 694 156

1.6.2016 - UniCredit Bank has the best mortgage and consumer loan in the Zlatá Koruna contest. UniCredit’s Smart Banking is successful, too

Prague, 1 June UniCredit Bank receives three awards in this years Zlatá Koruna contest, ranking top in two categories. According to the professional jury, UniCredits mortgage loan and purpose-specific PRESTO Loan for housing are the top products in the Czech market. Moreover, the unique Smart Banking with fingerprint logon was selected as a runner-up in the Novelty of the Year category. The professional jury also awarded the stock dividend fund of Pioneer Investments, which is a member of UniCredit Group.

 

We are very keen to provide clients with simple, innovative, and understandable products. Our offer of mortgages, consumer loans, or the innovative Smart Banking, which have been rewarded this year in the Zlatá koruna contest, confirms, that our intention and efforts are matching clients satisfaction and recognition. This is the most important to us,” says Paolo Iannone, Vice-Chairman of the Board and Deputy CEO at UniCredit Bank.

 

Since 2010, it has been three times we have stood on the winning end in the Zlatá Koruna contest thanks to our consumer loans or mortgages, and I am pleased that this year we have received two golden awards and our Smart Banking with a fingerprint logon scored in the Novelty of the Year category,adds Giovanni Guidi, Board Member and Director of Retail and Private Banking at UniCredit Bank.

 

The first place in the Mortgages category was awarded to UniCredit Bank owing to its mortgage loans, offered by the bank with a uniform interest rate starting from 1.49% p.a. for three-year and five-year fixation period as well as the variable interest rate. Moreover, clients can repay up to 20% of the loan’s principal a year free of charge.

 

The first place in the Loans category goes to the new PRESTO Loan for housing. Owing to this product, UniCredit Bank offers as much as CZK 1 million with no need to secure your mortgage with real estate for any housing-related purpose. Interest rates start from 4.9% p.a.; clients only have to prove the purpose of the loan within six months from drawdown. The documents can be dated within one year before the provision, so the PRESTO Loan is also suitable for financing of ongoing projects, purchase of a cooperative or municipal flat or housing reconstruction.

 

The second place in the Novelty of the Year category goes to the new SMART Banking with a simple fingerprint logon. The bank has introduced it as the first one in the Czech Republic in the spring of 2015. The success in the survey is a proof of UniCredit Bank’s unique position among banking innovators in the Czech market.

 

At the same time, the professional jury awarded a third place to the stock dividend fund of the leading investment company Pioneer Investments. This company is a member of UniCredit Group and it is one of the best fund managers in the world in the long run.

 

 

Enquiries:              Petr Plocek, Press Spokesperson of UniCredit Bank Czech Republic and Slovakia

                                E-mail: petr.plocek@unicreditgroup.cz

                                Tel. No.: 606 694 156

11.5.2016 - UniCredit Bank Czech Republic and Slovakia achieved consolidated net profit of CZK 1.3 billion for the first three months of 2016

UniCredit Bank Czech Republic and Slovakia achieved consolidated net profit of CZK 1.3 billion for the first three months of 2016

Stable growth in lending, deposits and an increase in the number of clients with unbeatable U konto

  • Consolidated net profit went down slightly by 4.2% yoy adjusted for the effect of the contribution to the Resolution Fund and the Deposit Insurance Fund, which was posted in 1Q2016. Having accounted for the mandatory contribution, it went down by 20.3% yoy to CZK 1.3 billion.
  • Operating income was down 8% yoy.
  • Compared to 31 March 2015, loans to clients rose by 5.5%.
  • Customer deposits increased by 14.2% yoy.
  • Total assets went up by 16.5% yoy.
  • Consolidated capital adequacy is 15.62% (non-audited data).
  • In its Private Banking Survey 2016, the renowned Euromoney Magazine awarded UniCredit Bank for its innovative private banking technology and its Art Banking service, oriented on investment in art. In the Mergermarket Agency’s M&A Awards, UniCredit was awarded Financial Adviser of the Year Central &Eastern Europe thanks to its advisory in the Czech Republic and Slovakia.

Prague, 11 May – The after-tax preliminary consolidated profit of UniCredit Bank Czech Republic and Slovakia decreased from CZK 1,677 million (as of 31 March 2015) to CZK 1,337 million (as of 31 March 2016). Mr Jiří Kunert, CEO and Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia, commented on the results:

“Our business results are in line with the development of the banking sector’s profitability in an environment of low interest rates and yet, despite this fact, it exceeds market expectations. The most significant decline in revenues was recorded in trading on financial markets, which last year quarter was compared to this year's very strong. In the retail segment, we are continuing the dynamic development of new products and digital innovations in consumer financing, and this has been translated into clients’ demand and double-digit growth in loans and mortgages. The same pace is also maintained in lending to small and medium-sized enterprises. This year’s good start has also been reflected in more than 20 per cent increase in the financed value of vehicles provided by our leasing companies.”

Items of Profit and Loss Statement

The net interest income of UniCredit Bank Czech Republic and Slovakia was down to CZK 2,511 million (as of 31 March 2015: CZK 2,565 million). The net income from fees and commissions declined to CZK 925 million yoy (as of 31 March 2015: CZK 941 million).

The level of general administrative expenses rose by 24.7% to CZK 2,240 million (as of 31 March 2015:
CZK 1,796 million). After adjustment of costs to the Resolution Fund and to the Deposit Insurance Fund, is the annual increase in general administrative expenses 6%. The credit risk cost dropped to CZK 172 million yoy (as of 31 March 2015: CZK 346 million).

“In line with IFRS we booked the estimated costs for our contribution to the Resolution Fund and the Deposit Insurance Fund in 1Q 2016, hence the net profit is down 20.3%, adjusted the consolidated net profit dropped slightly, by 4.2%. Despite the persistent environment of low interest rates, we have maintained a solid base of net interest income and have succeeded in increasing the volume of transactions across all segments. Our credit risk cost was down to CZK 172 million, reflecting the soundness of our portfolio as well as strong macroeconomic environment. We further continue to grow both in loans and deposits.” said Gregor Hofstaetter-Pobst, CFO of UniCredit Bank.

Balance Sheet

In retail banking, consumer financing reported further strengthening. Retail loans posted double-digit growth, with mortgage loans increasing by 14% yoy and consumer loans rising by 12% yoy. The number of clients who use the free-of-charge U konto account with a 10-year guarantee of conditions amounted to 263,000. Over the last quarter there was an increase of almost 10%.

In the corporate segment, there was a 7% yoy growth in lending to small and medium-sized enterprises. Corporate banking deposits also reported a strong increase, almost by 20% yoy.

In the leasing companies, the financed value of vehicles for 1Q2016 grew by 19% compared to the same period in 2015. The strongest yoy percentage growth was reported in commodities by vehicles up to 3.5 tonnes (35%) and vehicles over 3.5 tonnes (20%).

As of 31 March 2016, total assets of UniCredit Bank Czech Republic and Slovakia amounted to CZK 625,650 million, representing a 16.5% increase compared to the figures as of 31 March 2015 (CZK 536,988 million).

On the assets side of the Balance Sheet, receivables from clients increased by 5.5% to a total of CZK 368,051 million compared to 31 March 2015 (CZK 348,970 million).

On the liabilities side, liabilities towards clients grew by 14.2% to CZK 374,870 million (31 March 2015: CZK 328,120 million). Liabilities from debt securities rose by 26.1% to CZK 63,310 million (31 March 2015: CZK 50,198 million).

Compared to 1Q2015, the bank’s equity was up 4.3% to CZK 63,277 million (as of 31 March 2015: CZK 60,671 million).

31.3.2016 - UniCredit introduces preferential agricultural technology funding at the TechAgro Trade Fair

Prague, 31.3.2016

UniCredit introduces preferential agricultural technology funding at the TechAgro Trade Fair

Prague, 31 March – TechAgro, the largest agricultural fair in Central Europe will open its gates in Brno from 3 to 7 April and UniCredit Bank and UniCredit Leasing, the traditional partners of Czech agriculturists, must not miss it. At their stand in the A1 pavilion, they will introduce the visitors to a broad range of preferential financial products and services tailor made to the agricultural needs as well as counselling regarding the subsidy programs. UniCredit Leasing prepared a special funding offer for its clients, with 2.99% p.a. rate and first insurance free of charge. According to the UniCredit Bank estimates, Czech agriculturists usually buy technology up to the value of 7 billion Crowns per year, with most of it being financed through credit or leasing.  

"At the time, what the agricultural clients demand mostly are loans for purchasing agricultural land, the price of which is constantly growing. We also register great interest in investment loans aimed at reconstructing the agricultural objects, especially connected with subsidies from the Rural Development Program. With the support of European Investment Bank, agricultural clients are offered loans at preferential rates since we consider the modernization and increase of added value as the key condition for maintaining the sector's competitive strength. In case of crop failure or price decrease, we support our clients by simple short-term operating loans without establishing lien on the property. We are happy to introduce details tailor-made to the needs of individual clients at our stand," says Martin Potůček, Specialist for Agriculture, Renewable and Public financing of UniCredit Bank. In addition to favourable funding, UniCredit Bank also provides its clients with counselling regarding efficient utilisation of the subsidy programs.  

Thanks to cooperation with a majority of significant producers and importers, UniCredit Bank and UniCredit Leasing also enable favourable purchase of agricultural technology. They arrive at the TechAgro trade fair with an interesting funding offer with interest 2.99 % p.a. and down payment from 0 %. Moreover, they will help to process the request for subsidy from the Support and Guarantee Agricultural and Forestry Fund (PGRLF) and also add insurance for the first year free of charge. What is more, the loan may be repaid for as long as 84 months.  

However, UniCredit Bank together with UniCredit Leasing will help to finance any purchase, whether through loan, operative, or financial leasing. "Our most popular financial product in this segment is the flexible CreditAgro loan, the repayment of which can be adjusted to seasonal incomes, VAT deductions and drawdown of subsidies. This funding type is used by a majority of Czech agriculturists in all regions," explains Skalický, manager of non-automotive UniCredit Leasing. An interesting variant is also the Operative Agro leasing with increased residual cost, significantly growing last year.  

UniCredit Bank and UniCredit Leasing belong among the leaders on the agricultural funding market. UniCredit Bank provided loans worth of 3 billion Crowns to the agricultural sector in the Czech Republic, with additional 5 billion Crowns being granted in the related food-processing and agricultural technology sectors. Thus, according to the leasing companies association, UniCredit Leasing moved to number three in the field of agricultural technology funding in the Czech Republic. UniCredit has been also supporting Czech agriculture by its contacts and know-how. For example, last year the Company helped them to get to the largest European fair of fruit and vegetables, Macfrut, taking place in Italian Rimini, also being the partner of the Agrarian Chamber and Czech Potato Association.  

You can find UniCredit Bank and UniCredit Leasing at the TechAgro trade fair from 3 to 7 April, always from 9 AM to 6 PM, in the G2 pavilion, stand 009.

30.3.2016 - UniCredit Bank has newly become the partner of the RunCzech running series

Prague, 30.3.2016

UniCredit Bank has newly become the partner of the RunCzech running series
Runners have an opportunity to support the handicapped girl and their children may spend time in the play areas

UniCredit Bank has become this year’s official partner of the RunCzech running series. The Bank has always had a close relationship not only with a healthy approach to finances but also to life as a whole. Moreover, thanks to the special UniCredit Bank treadmill, the running enthusiasts may contribute to the purchase of wheelchair for a 12-year old handicapped girl. The Bank will also take care of the runners' kids and prepare a fun program for them in the Children's play area.

"Sport and Finance are disciplines similar to each other. In both of them, there are strong visions and plans in the beginning, however there is a long and challenging route leading to successful implementation, with reliable partners needed. UniCredit Bank would like to become such a partner also for the runners in the RunCzech series – the partner, they will always be able to rely upon in the world of finance," says Petr Plocek, spokesperson of UniCredit Bank. For the runners involved in this year’s RunCzech, UniCredit Bank prepared interesting opportunities how to take part and support a good cause.

Running for Elenka, or every meter counts
During the Prague Running Expo and at the May marathon, anyone running even a few meters will support the handicapped 12-year old girl, Elenka Pudíková. For every meter run by the participants on one of the two UniCredit Bank treadmills, the Bank will contribute one Crown for the purchase of new wheelchair. Afterwards, UniCredit Bank, together with Konto Bariéry foundation, will hand the whole sum to Elenka following the Prague Marathon weekend in May, which is a part of the RunCzech series. The participating treadmills will be located at the Running Expo at the Incheba Expo Prague fair from 31 March to 2 April as well as 7 - 8 May.

UniCredit Bank will take care of fun for the runners' kids
While the runners will be taking part in individual contests of the series, either for Elenka Pudíková or exploring the news regarding their favourite sport at the Prague Running Expo, UniCredit Bank will take care of their offspring. In the UniCredit Bank Children's play area, professional entertainers and nannies will ensure that the little ones will not get bored during the RunCzech series. Play areas will be available for children aged 2 to 12, first introduced by the Bank at the Prague fair grounds during Running Expo from 31 March to 1 April.

Special photo corner for the whole family
On the race day, runners may take pictures with their families in the UniCredit Bank tent. Each family member will obtain a badge with the picture, which may be pinned to the clothing, thanks to which they will have the support from their close ones with them at all times.

Summary of RunCzech races with participation of UniCredit Bank

  • Sportisimo 1/2Marathon Prague 2016 (2 April 2016) 
  • Volkswagen Marathon Weekend 2016 (7 - 8 May 2016) 
  • Mattoni 1/2Marathon Karlovy Vary 2016 (21 May 2016) 
  • Mattoni 1/2Marathon České Budějovice 2016 (4 June 2016) 
  • Mattoni 1/2Marathon Olomouc 2016 (25 June 2016) 
  • Birell Grand Prix Praha 2016 (10 September 2016) 
  • Mattoni 1/2Marathon Ústí nad Labem 2016 (17 September 2016)
29.3.2016 - PRESTO Loans for Anything, including housing – the stars of the new UniCredit Bank campaign

Prague, 29.3.2016

PRESTO Loans for Anything, including housing – the stars of the new UniCredit Bank campaign

Prague, 29 March – How about a hundred thousand for anything only for CZK 1,493 a month or a million crowns for housing at a great interest rate without the need to pledge the property as security? These are the stars of the new UniCredit Bank campaign focused on the PRESTO Loan launching on 29 March. The Bank is launching the new PRESTO Loan for Housing and the PRESTO Loan for Anything as a simple way to make your wishes and plans come true.  

Czech people will have the opportunity to hear of the UniCredit Bank campaign on the news servers iDNES.cz, iHNed.cz, Novinky.cz and Deník.cz, and by way of radio spots on the Impuls, Frekvence 1, Evropa 2, Kiss and the regional Hit radio stations. The consumer PRESTO Loan will also be promoted at the bank branches including the first banking kiosk which has been recently opened in the shopping centre Letňany in Prague.  

The PRESTO Loan for Anything will allow the clients to get funding for their wishes and dreams. They will be allowed to set the repayment period and the monthly instalment exactly to their needs. For example, they can get CZK 100,000 with the monthly instalment of CZK 1,493 and the repayment period of 84 months. Clients can look forward to free account management and, furthermore, they also will be allowed to take the opportunity to as many as five postponements of instalments. Clients may borrow as much as CZK 500,000 through the PRESTO Loan for Anything.  

One million crowns without pledging your housing which you can use for anything connected with housing is offered under the new PRESTO Loan for Housing. Better interest rates are awaiting the clients who are able to document the loan purpose. The funds can also be used for reconstruction or renovation of a property, including green projects and purchase of solar panels, or for the interest in a cooperative or a council flat. The only thing which needs to be done is to document the loan purpose, there’s no need to pledge the property.

In addition to the PRESTO Loan for Anything, the Bank also offers the opportunity to transfer one or more loans and save something in your monthly instalments. In such event, the Bank will take care of all paperwork including the communication with the original creditor. If you transfer one loan, you may draw as much as CZK 600,000 and if you merge multiple loans, you can draw a million!  

UniCredit will also focus on mortgages in Slovakia. The Bank wants to draw the attention of Slovaks to the exceptional conditions for mortgage refinancing: the lowest rates ever starting at 1.19% a year combined with reduced fees for mortgage prepayment to 1%. The Bank has triggered the campaign by way of TV spots on TV Markíza and TA3.

18.3.2016 - UniCredit Joins Earth Hour 2016 in 14 Countries

Milano, 18.3.2016

UniCredit Joins Earth Hour 2016 in 14 Countries

82 Group buildings in Europe will turn off lights 

 On March 19, UniCredit will turn off the lights in 82 of its buildings in 14 different European countries for Earth Hour, marking the Group's ninth consecutive year of participation in WWF's global initiative aimed at making people more aware of the climate change which poses as a serious threat to our planet.  

In the year following the seminal Climate Conference in Paris and the adoption of the new Sustainable Development Goals, UniCredit's support for the campaign emphasizes the Group's steady efforts over the years to address conservation of the environment and support sustainable development. As part of these efforts, the group is committed to reducing its operational emissions since 2009. Having already reached our 2020 target, we are now committed to achieve new ambitious ones: -60% by 2020 and -80% by 2030.  

This year, the lights in UniCredit's most prominent buildings will be turned off for one hour in 14 countries: Austria, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Germany, Italy, Poland, Romania, Russia, Serbia, Slovakia and Ukraine

UniCredit Tower will also be taking part in this year's Earth Hour. The bank's headquarters in Milan has received a LEED Gold certification from the US Green Building Council for its scrupulous attention to energy savings in construction and design.    

The buildings participating this year are listed below:

16.3.2016 - Attractive Investment Opportunity with New UCB HEALTH CARE 102/2022 Structured Bond

Prague, 16.3.2016

Attractive Investment Opportunity with New UCB HEALTH CARE 102/2022 Structured Bond

Prague, 16 March 2016 UniCredit Bank follows the long tradition of issuing structured bonds which are very popular among clients in the long run. The new issue includes the issuer’s legal guarantee of return of the bond’s face value and it also offers an opportunity to participate in the development of the stock market in a viable health care sector.

Structured bond is an adequate addition to the next advantageous product in the UniCredit Bank’s offer – DUET PLUS 3-month term deposit with 3% p.a. interest rate.

Subscription of the structured bond will last until 28 April 2016, with the date of issue on 29 April 2016 and final due date on 29 April 2022. CZK 30,000 is the minimum investment.

The product may be acquired at any branch of UniCredit Bank. Clients interested in this product obtain more detailed information at Infoline: 800 144 441 or on www.unicreditbank.cz.

This promotional communication entails risks referred to here.

8.3.2016 - Partners decide on family finances together but men have twice as much on average on their accounts

Prague, 8.3.2016

Partners decide on family finances together
but men have twice as much on average on their accounts

Family finances in the Czech Republic are practically dominated by both partners equally. Partners decide on finances together in one half of Czech families. This decision is male-dominated only in three out of ten cases and female-dominated in one fourth of the cases, as shown by the UniCredit Bank’s survey. According to 47% of those surveyed reported that both partners choose the bank which will manage their finances together. However, account balances and turnovers on male-owned accounts are nearly double on average; men also apply for loans and mortgages more frequently. Unfortunately, women in the Czech Republic are still lagging behind also in terms of payroll, earning 22 per cent less on average.

Finances in most Czech households are managed by both partners together, or it is at least claimed so by more than a half of those surveyed (55%). The say in management of family finances is attributed to himself/herself by around forty per cent of men and women, with only five per cent attributing the say in family finances to his/her partner. Accordingly, men choose the bank which should manage the family finances a bit more often, namely in three out of ten Czech families. However, withdrawal of finance is dominated by both partners.

Data concerning the use of banking products, however, indicate that the position of both partners in finances is not completely equal yet. For instance, men have 47 per cent, on average, more finances on their current accounts than women. “The monthly turnover, fifty per cent higher on accounts with male owners, corresponds to this fact. Women use even other products to a lower extent. On average, they take out loans less frequently and if they do, they apply for loans lower by CZK 20 thousand,” explains Petr Plocek, Press Spokesperson of UniCredit Bank.

While the average amount of loans required by men is more than CZK 190 thousand, it is only CZK 170 thousand when requested by women. The situation in bank overdrafts is similar, with bank overdrafts being used one third more by men. Although mortgages are rather a male-dominated issue, they are most often applied for by partners together (46%). “Despite the outcome of the survey, according to our statistics, domestic budget is still rather male-dominated. Men are also more frequently in charge of handling the paperwork or applying for loan. The situation in credit cards is interesting, too; credit card expenses are again dominated by men. Experience has shown that it is not because men would spend more in principle. However, men often take out credit cards for their partners in the name of the man, or pay common bill, let’s say, in a restaurant,” adds Plocek.

Czech women still earn 22% less, with the Czech Republic being at the tail end of Europe
One of the grounds why men are at the top of the banking statistics may be the persistent wage disparities between both genders. According to the Eurostat data, Czech women earn 22 per cent, on average, less than men. Following Estonia and Austria, this is the third largest gap in Europe. Moreover, the wage gap has not gone down by a single per cent over the last five years.

Women also have a more difficult access to the labour market, unemployment of women is nearly two per cent higher than the one of men. There is only 82 per cent of economically active women. It is mainly the offer of part-time jobs, reconciling work and family life, that is missing. While one third to one half of women works part time in Western European countries, it is only 8 per cent in the Czech Republic. As for men, only one per cent of them works part time.

On the contrary, family life is complicated by work in shifts. Czech women work in shifts twice as much as the standard in Europe (28%). On average, they spend 40.5 hours a week in their job, the most in agriculture (42.4 hours), services (42.3 hours) and information technology (41.6 hours).

3.3.2016 - UniCredit Bank launching the first bank kiosks to get still closer to its clients

Prague, 3.3.2016

UniCredit Bank launching the first bank kiosks to get still closer to its clients

Prague, 3 March – A modern design, simple products, personal approach, skilled bankers, business hours including evenings and weekends. All this and much more will be offered by two brand new bank kiosks, which were opened by UniCredit Bank in early March: one in Letňany Shopping Mall, Prague and the other one in Mlyny Shopping Mall, Nitra (Slovakia). The pilot run is to test the new way of extension of own distribution network to locations which are frequently visited by clients and are willing to address their banking needs. UniCredit Bank kiosks in the Czech Republic will offer lucrative consumer financing products with a prompt and easy online negotiation process.  

“Nowadays, if you want be successful in retail banking, you need to get still closer to your clients, to accommodate their needs by simple and available products. That is why we are opening bank kiosks at locations frequently visited by clients and we offer our services to them exactly there where they need them. Moreover, we have a prompt and flexible process of product negotiation prepared for our clients; the process will be fully online, from the start until the end, and all documents will be signed by the client in a non-paper format“, says Giovanni Guidi, Retail Banking Director UniCredit Bank.  

During the pilot run, the offer of UniCredit Bank’s kiosks will be focused on Consumer Finance loans from 30.000 to 1.000.000 and tenure from 12 to 84 months and a competitive and attractive interest rate from 4,9% p.a., which is available to the bank’s clients to make their dreams come true without proving the purpose of the loan or to reduce the existing loan instalments by as much as 30%, or to get further financial funds in addition to the existing loan. Clients applying for a loan will be provided with an option to open a fee-free U Accountwith unlimited free global payments and ATM withdrawals and a unique guarantee of terms for 10 years.  

In both cities, the kiosks will be open every day, including weekends, from ten to nine, i.e., more than 80 hours a week. In the kiosks, clients will be served by skilled bankers from local UniCredit Bank branches. “We believe that this new form of serving our clients conforms to their needs; presently we are already preparing an extension of the kiosk network to other shopping malls in the Czech Republic and in Slovakia and in case of positive response from clients we will gradually improve the offer to include other products“, said Giovanni Guidi.  

UniCredit Bank presently operates 151 points of sale in the Czech Republic and another 74 in Slovakia. For the time being, the bank does not intend to further extend its network of traditional branches, the focus is on digital distribution channels and new ways of serving its clients, including bank kiosks in shopping malls all around the Czech Republic and Slovakia.

25.2.2016 - UniCredit Bank launching the PRESTO Loan for Housing

Prague, 25.2.2016

UniCredit Bank launching the PRESTO Loan for Housing, being the first on the market to offer as much as one million of Czech korunas without collateral

Prague, 25 FebruaryHousehold refurbishment, purchase of a holiday cottage, servicing of building lots or acquisition of a co-operative flats, all of this is offered by the PRESTO Loan for Housing by UniCredit Bank. Clients only have to prove the purpose of the borrowed funds within six months of absorbing the loan, and they are all set. The PRESTO Loan offers as much as CZK 1 million, with no collateral. The loan’s duration is up to 120 months with interest rates starting from 4.9% p.a.

This year, it is expected that about 20 thousand Czech households will start larger refurbishments of their houses and flats. Moreover, given the fact that there are still more than 480 thousand co-operative flats in the Czech Republic, and the financing of such flats through traditional mortgage loans is difficult, the market for favourable consumer loans for housing has a potential of as much as several tens of billions of Czech korunas a year.

We have an excellent solution for all those who are planning to spend on housing-related purposes - for instance, on flat refurbishment, purchase of flat into private ownership, or transfer of a co-operative share. As the first bank on the market, we will offer a loan for housing with no collateral up to 1 million of Czech korunas and with unrivalled interest rates starting from 4.9% p.a.,” says Dalibor Mička, Household Financing Director at UniCredit Bank.

With the PRESTO Loan for Housing, you can get as much as CZK 1 million for all the housing-related purposes, including the combination of more purposes. The bank requires no collateral for the property, you only have to prove the purpose of the funds within six months. Moreover, no co-applicant is required for loans up to CZK 350 thousand. Documents can be dated up to a year prior to the absorption of loan. The loan’s duration is up to 120 months with unique interest rates starting from 4.9% p.a. Administration and maintenance of loans is completely free-of-charge.

The product is based on the popular general-purpose PRESTO Loan. Therefore, it offers benefits related to the product, for instance, the possibility to postpone as much as 5 monthly instalments. In addition to the PRESTO Loan for Housing, you can also take out discounted insurance or the unique free-of-charge U Konto account - however, the mentioned products are not a prerequisite for obtaining a favourable interest rate.

The new PRESTO Loan for Housing is available at all branches of UniCredit Bank or UniCredit Bank Expres.

19.2.2016 - UniCredit Wins Sixteen Euromoney Awards in Private Banking

Vienna, 19.2.2016

UniCredit Wins Sixteen Euromoney Awards in Private Banking

UniCredit Private Banking has again been recognized for its excellent services, winning 16 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2016:  

  • Central and Eastern Europe               
    • Best Private Banking Services Overall
    • Net-Worth-Specific Services
    • (sub-category: Super affluent clients USD 1 million to USD 5 million)
    • Commercial Banking Capabilities
  • Austria                                                          
    • Net-Worth-Specific Services
    • (sub-category: Super affluent clients USD 1 million to USD 5 million)
    •  
  • Croatia                                                          
    • Best Private Banking Services Overall
    • Investment Banking Capabilities
    • Commercial Banking Capabilities
    •  
  • Czech Republic                                            
    • Philanthropic Advice
    • Innovative Technology – Client Experience
    • Innovative Technology – Back Office Systems
    •  
  • Italy                                                               
    • Commercial Banking Capabilities
    • Succession Planning Advice and Trusts
    • Innovative Technology – Client Experience
    • Innovative Technology – Back Office Systems
    •  
  • Slovakia                                                        
    • International Clients
    •  
  • Turkey                                                           
    • Philanthropic Advice  

The Euromoney Private Banking Survey is published annually and provides a qualitative as well as quantitative assessment of the best services in private banking, by geography and area of service. The survey is considered as one of the most prestigious in the wealth management industry, since it combines analysis of bank-provided data and peer review. It covers more than 15 different product and client categories on a regional and local basis, and ranks results in 69 countries. Close to 600 institutions from 90 countries took part in the Euromoney Private Banking Survey 2016 with 2,616 responses.  

Jan Tronicek, Head of Private Banking for Central and Eastern Europe (CEE) at UniCredit, said: “Our focus recently is on empowering our clients to gain greater control over their portfolios and to have real-time access to investment information through digital tools. We believe this will enhance client experience and strengthen the loyalty. For this reason we keep investing in both technology as well as competencies of our private bankers, which we consider the key for future success. These awards prove our continuous efforts to be a leader in our business and our dedication to clients.”  

UniCredit Private Banking in CEE provides a full range of products and services to more than 24,500 clients in 9 countries within the Region, with around EUR 11.2 billion in total financial assets. Due to the expertise, the proximity and the stability of UniCredit as a leading European bank, it can leverage its independent view on the markets as well as best-in-class products. UniCredit Private Banking strives to deliver financial services to clients in a comprehensible way and to address the complexity of markets with clear and transparent strategies to protect and optimize client wealth, consistent with their needs.

10.2.2016 - UniCredit Bank Czech Republic and Slovakia, a.s. achieved excellent business results of CZK 5.6 billion in 2015

Prague, 10.2.2016

UniCredit Bank Czech Republic and Slovakia, a.s. achieved excellent business results of CZK 5.6 billion in 2015

10 February 2016 - The preliminary consolidated business results of UniCredit Bank Czech Republic and Slovakia, a. s. for 2015¹:   

  • Consolidated net profit of UniCredit Bank Czech Republic and Slovakia went up by 14.8% yoy. 
  • Customer deposits increased by 10.8% yoy. 
  • Loans to clients grew by 3.5%. 
  • Loans to clients of leasing companies rose by 8.9% yoy. 
  • Consolidated assets went up by 12.2% yoy. 
  • Consolidated capital adequacy is at 14.65 % (non-audited data). 
  • Consolidated equity of the Bank increased by 5.6% compared to the same period a year ago. 
  • UniCredit Bank acquired a number of prestigious awards in 2015. In retail the bank scored thanks to a great consumer loan or a mortgage in Zlatá minca or Finparáda Award. It also achieved  a leading position in the competition Bank of the Year 2015. Euromoney Magazine named it the Best Trade Finance Provider to Companies and Entrepreneurs, Best Bank for Real Estate Financing, and Best Bank in Cash Management. 


The after-tax preliminary consolidated profit of UniCredit Bank Czech Republic and Slovakia increased from CZK 4,911 million (as of 31 December 2014) to CZK 5,640 million (as of 31 December 2015).
Mr Jiří Kunert, CEO and Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia, commented on the results: "The year 2015 was extraordinary for us. We achieved double-digit growth in preliminary consolidated profit. The results prove that our strategy, based on client-base growth, innovations in retail product offerings, client proximity, and provided know-how in corporate banking is the right direction for sustainable growth. Thanks to the synergies within our financial group, we are able to respond flexibly to the rapidly changing needs of Czech and Slovak clients. This year we will continue to focus on the development of electronic distribution channels, where we want to again confirm our role as a leading innovator." 

Items of Profit and Loss Statement
The consolidated net interest income of UniCredit Bank Czech Republic and Slovakia rose to CZK 10,235 million, representing an increase of 1.9% compared to the same period a year ago (as of 31 December 2014: CZK 10,049 million). Consolidated net income from fees and commissions grew by 8% to CZK 3,543 million yoy (as of 31 December 2014: CZK 3,557 million).  

The level of consolidated general administrative expenses increased by 4.7% to CZK 7,507 million (as of 31 December 2014: CZK 7,170 million). Credit risk cost is at CZK 1,441 million (as of 31 December 2014: CZK 2,236 million).  

"In an environment of global uncertainties, overregulation of the banking industry, and low interest rates, we have achieved great business results driven by the growth of revenues (+5% yoy) and an excellent risk situation (-35%). The continuous growth of our client base together with the increasing number of transactions supported fee and commission net income growth in 2015. The bank also leveraged on good trading results. Our liquidity situation is excellent. The consolidated capital adequacy stands at 14.65% prior to profit retention. Both indicators allow the bank further substantial business growth," said Mr Gregor Hofstaetter-Pobst, CFO of UniCredit Bank. 

Balance Sheet  
Simplification in the product offerings and innovation was a key driver for the success in retail. In the lending segment, loans granted to retail clients grew, in particular owing to the 14.2% yoy increase in consumer and mortgage loans. The retail segment has also grown, owing to the revolutionary U konto account, with a ten-year guarantee of conditions and free withdrawals from any ATM at home and abroad. The number of new clients has increased again, with more than 240 thousand clients opening a U konto account.  

Cooperation among the bank and its factoring and leasing subsidiaries allows to exploit the full business potential within corporate segment. Our focus remained on structured financing, with UniCredit Bank Czech Republic and Slovakia participating in a number of transactions both in the Czech Republic and Slovakia. The Bank has also reported further growth in the financing of small and medium-sized enterprises, achieving an excellent 17.3% yoy growth.  

The leasing companies continued to strengthen brand-vehicle financing, credit financing in the area of corporate loans, and operating leasing for businesses and private individuals. In the leasing companies, the financed value of vehicles for 2015 grew by 33% compared to the same period in 2014. All major commodities reported a strong yoy increase - by 49.6% in machinery and equipment, by 28.7% in vehicles up to 3.5 tonnes, and by 29.6 % in vehicles over 3.5 tonnes.  

As of 31 December 2015, assets of UniCredit Bank Czech Republic and Slovakia amounted to CZK 570,484 million, representing a 12.2% increase compared to the figures as of 31 December 2014 (CZK 508,616 million).    

On the assets side of the Balance Sheet, receivables from bank clients increased by 3.5% to a total of CZK 351,542 million compared to the state as of 31 December 2014 (CZK 339,510 million).  

On the liabilities side, liabilities towards clients grew by 10.8% to CZK 363,989 million (31 December 2014: CZK 328,585 million). Liabilities from debt securities rose by 37.5% to CZK 65,019 million (31 December 2014: CZK 47,285 million).  

Equity grew by 5.6% to CZK 61,706 million (as of 31 December 2014: CZK 58,410 million).

8.2.2016 - UniCredit Bank in Cooperation with Ergo Pojišťovna Insurance Company to Provide Travel Insurance with High Insurance Limits

Prague, 8.2.2016

UniCredit Bank in Cooperation with Ergo Pojišťovna Insurance Company to Provide Travel Insurance with High Insurance Limits  

Prague, 8th February UniCredit Bank and ERGO Pojišťovna insurance company have prepared an exclusive offer of travel insurance together. This new offer includes high insurance limits of up to CZK 10,000,000, attractive prices starting from CZK 13 a day and a number of interesting coverages, is valid for new as well as current clients. From the new year, clients interested in taking out travel insurance can do so also on the web pages of UniCredit Bank. Clients can take out not only the regular insurance of medical expenses, but also insurance for their dog, cat, or other pet at reduced prices.  

The travel insurance by ERGO Pojišťovna insurance company is used by almost 200 thousand clients a year. The number of people taking out this service online is growing each year.  “Today, the Czechs travel often and fondly around Europe and overseas to countries where the cost of medical treatment in the event of any injury is very substantial. Paying it out of own pocket can have a massive impact on the family budget for many people, therefore, quality travel insurance with high coverage of travel is a necessity. Moreover, an increasing number of clients appreciates the possibility of taking out travel insurance conveniently and promptly online shortly before their departure,” says Vladimír Juza, Head of Investment and Insurance Products at UniCredit Bank.  

Besides coverage of medical expenses of up to CZK 10,000,000, the joint travel insurance by ERGO Pojišťovna insurance company and UniCredit Bank provides its new and current clients assistance in many other unpleasant life situations. You can take out additional insurance, for instance, for transport of your vehicle back to the CR in the event of health issues of the insured person, or for mountain search. Clients appreciate also the possibility of taking out insurance for cancellation of their trip, including unused holiday, i.e. when they need to interrupt their holiday on imperative grounds and return back to the CR at their own cost. The liability insurance also includes legal coverage.  

The product also provides attractive opportunities for coverage of risk to extreme sports, among others, also leisure and technical diving, free-skiing and heli-skiing, paragliding, climbing, and other. Moreover, the popular skiing and snowboarding on marked ski runs are offered for no extra cost.

2.2.2016 - Mortgages by UniCredit Bank scored in the Financial Product of the Year competition

Mortgages by UniCredit Bank scored in the Financial Product of the Year competition

Prague, 2 February - UniCredit Bank has won an award in the Finparáda.cz – Financial Product of the Year 2015 competition in the Mortgages category. Facing very strong competition, our bank ended up as a runner-up thanks to the innovations introduced in the field of mortgages last year – from seven-year fixed rate mortgages up to online mortgage refinancing. Moreover, our mortgage interest rates were one of the best rates on the market throughout the year.

 

20.1.2016 - A more sustainable growth model is moving forward

Vienna, 20.1.2016

A more sustainable growth model is moving forward

CEE Banking Study 2016

  • Most CEE economies showed strong economic growth in 2015 and proved more resilient towards shifts in investors´ sentiment with regards to emerging markets
  • Overall banking sector profitability is normalizing on a new post-crisis level, still double the one of Western Europe     
  • Growing reliance on local deposits and strong capital adequacy ratios partially diminish past vulnerabilities  

In 2015 the economic environment for banks operating in Central and Eastern Europe (CEE) has been rather positive. Despite some exceptions, most countries in the region showed strong economic growth and resilience against shifts in investors´ sentiment towards emerging markets, which was in good part related to their deep integration with the euro area and the solid macroeconomic fundamentals. Banking sectors in most countries have remained profitable, although the overall level is normalizing compared to the pre-crisis period. These are some of the key findings of the latest CEE Banking Study, which was conducted by UniCredit´s CEE Strategic Analysis department and which covers 13 different countries. Looking forward, economic recovery is expected to further support lending, especially in countries which have been lagging behind so far. Non-performing loans ratios, which are currently high in various countries should decline.  

Most CEE economies have shown 2015 a more dynamic performance than in previous years “Although country-by-country differentiation persists as a regional key feature, there were some positive developments in the banking sectors in CEE. Lending has improved in some countries and the banking sectors remained mostly profitable. A more sustainable funding model is moving forward in CEE, with local deposits becoming a more important funding source”, said Carlo Vivaldi, Head of CEE Division at UniCredit, “Nevertheless banks need to be attentive towards the low interest environment, regulatory pressures, the development of emerging markets, geopolitical tensions and the effects from migration.”    

With GDP growth rates ranging from 0.6 percent in Serbia to 4.3 percent in the Czech Republic in 2015, most CEE countries have shown a more dynamic performance compared to previous years. The only exceptions are Russia, which had to cope with a sharp drop in the oil price and the EU-US sanctions, and Ukraine, which faced and the loss of major production capacities in the Eastern part of the country. Moreover the new EU-members in Central Europe (EU-CEE1) have proved more resilient to the shift in investors’ sentiment towards emerging markets in the second half 2015. In doing so, EU-CEE benefitted from current account surpluses or small deficits due to strong exports into the euro area, low commodity prices and large capital account surpluses due to EU fund inflows. Additional support came from accommodative monetary policy and more robust domestic demand.  

Loans-to-deposits ratio significantly improved, bank lending to accelerate

“Bank lending has improved in some countries, in particular in Central Europe”, stated Mauro Giorgio Marrano, Deputy Head of CEE Strategic Analysis at UniCredit, “The growth dynamics in other countries have been weaker and in some cases also affected by one-off factors. With regards to household loans local currency is gaining weight compared to FX lending meaning past vulnerabilities keep on diminishing.” Most of the local banking sectors have maintained profitability over the past years, the average loans-to-deposits ratio improved significantly from 122 percent 2008 to 101 percent 2015.                                

1This group includes some of the countries that joined the EU in 2004 and 2007, namely Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia. Croatia is to be discussed separately.

Looking forward, UniCredit researchers expect the economic recovery to support lending, especially in countries which so far have been lagging behind. Moreover positive GDP growth in combination with accommodative monetary policies and clean-up activities in countries such as Romania, Slovenia and Hungary should ease the strain from NPLs. Profitability is expected to remain above Western European levels.  

CEE region remains the growth engine for UniCredit

In spite of some challenges, UniCredit considers itself a long-term, strategic investor in Central and Eastern Europe, which is keen to develop its business with both corporate and private customers in the region. In 2015 the banking group has acquired over 1.2 million new customers across all CEE countries, where it has a presence, and it intends to grow its customer base by another 1 million customers each year until 2018. According to its Strategic Plan UniCredit is going to invest EUR 1.2 billion into digitalization aiming equally at matching new trends in customer behaviour and reducing cost. The number of internet banking users is projected to increase from currently 5 million to 10 million and the number of mobile banking users from currently 1 million to 7 million over the next three years.  CEE lending volume is expected to grow by EUR 20 billion to EUR 106 billion in 2018.  

UniCredit is still the banking group number one in Central and Eastern Europe – in terms of network, total assets and geographic diversification. The banking group operates an extensive network of almost 3,100 branches in 13 countries, which generates roughly one quarter of its total revenues. UniCredit in CEE serves more than 25,000 international corporate customers through its International Centers. 2 out of 3 international corporate customers from Germany, Italy and Austria operating in CEE are UniCredit customers. The banking group has a long-established expertise in handling state and EU-supported programs in the CEE region resulting in more than EUR 2 billion facilities dedicated to EU Funds projects approved and another over EUR 1.3 billion agreements signed. UniCredit banks are among the top-banks in their respective home country.  

“Its broad diversification by customers, products and geographies has made CEE region a consistently strong contributor to the Group´s financial results. With the intended transfer of CEE shareholdings directly under UniCredit SpA by year-end 2016 we make another move towards a leaner governance structure as well as a more effective capital and liquidity management”, said Carlo Vivaldi, Head of CEE Division at UniCredit, “We are fully committed to the new Strategic Plan and go ahead with investing into digitalization and Big Data in order to expand our regional customer business.”

18.1.2016 - U-šetřete: Save as much as thousands of korunas a month with a payment card by UniCredit Bank

Prague, 18.1.2016

U-šetřete: Save as much as thousands of korunas a month with a payment card by UniCredit Bank

Prague, 18 January – UniCredit Bank introduces tailor-made discounts with no vouchers or coupons to its clients. Thanks to the new unique programme U-šetřete, all you have to do is activate the offer in your mobile application or on the Internet and pay using any card by UniCredit Bank. You will get your discount automatically, without having to ask for it in advance. Easily, with no limits and disguised conditions.  

"With the U-šetřete programme, your discounts are literally in your pocket. You can easily find the most attractive offers in your vicinity in the mobile application or on the Internet, and activate them, say, when going sales shopping. You don't have to worry about any loyalty cards or paper coupons or to ask for a discount when making payments. Your payment card will handle everything," explains Dalibor Mička, Household Financing Director at UniCredit Bank.  

The U-šetřete programme offers discounts specifically tailored to clients' needs. The offers adapt to their shopping history. An anonymous and easy application of discounts is an advantage. There is no need for vouchers, discount codes or loyalty cards. Clients even do not have to ask for discounts, everything is neatly packed right in the payment card by UniCredit Bank.

It is easy to start saving money. All you have to do is login into the UniCredit Bank Online Banking or fill in a form at a branch, activate the offer and, subsequently, make a payment using your card. When making a payment, clients will be deducted the full amount, and the bank will credit all the money saved twice a month to their current account or credit card. Clients will see how much they saved on the relevant purchase in their mobile application or webpage of the programme as early as in two to three days.  

Clients can participate in the programme free of charge. The offer applies using both debit and credit cards, with no limit as to the amount of money being saved. The list of the U-šetřete programme partners is constantly updated and extended.

4.1.2016 - January sales with a 20% discount on loan? Be smart with UniCredit Bank

Prague, 4.1.2016

Prague, 4 January – A new washing machine for your household, a notebook for school or a new winter ski equipment. You can now buy all this in major sales, saving a couple of thousands from your family budget right at the start of the year. Meeting the needs of those who are trying to save like this, UniCredit Bank grants a 20% discount on the interest rate of its favourite non-specific PRESTO Loan in January, keeping all the other benefits. You can get your loan for anything quickly and easily. Instalments may be set depending on clients' needs and the loan or a part thereof may be repaid at any time.

The popularity of post-Christmas shopping has been rising sharply over last years, with as much as one third of the Czechs planning post-Christmas shopping this year, according to expert estimate. Those who are planning shopping exceeding CZK 30,000 can make use of the new seasonal offer by UniCredit Bank, granting a 20% discount on the interest rate of its non-specific PRESTO Loan from 4 January until 30 January 2016 - you can get unrivalled interest from 3.9% p. a. "January is traditionally the month of sales and, as with the Black Friday, we do not want the discounts to be limited only to traditional shops. Our clients can enjoy a 20% discount on the interest rate throughout this month, making full use of the January sales." notes Dalibor Mička, Household Financing Director at UniCredit Bank.
The PRESTO Loan also entails big time savings for everyone. In practice, it can be handled really quickly – if clients have their ID card, second identity document, confirmation of income and proof of current address, e.g. the most recent phone bill, at UniCredit Bank or UniCredit Bank Expres branches with them, they can shop very soon – clients can receive the money on the very same day.

And what about instalments? If clients have a PRESTO Loan from CZK 30,000 up to CZK 500,000, they can set the amount of instalments depending on their financial situation and spread the repayment over as much as 7 years. Moreover, clients are free to postpone their instalments for as much as five times during the repayment period.

Find out more information on the PRESTO Loan at www.UniCreditBank.cz or in the e-shop at www.UniCreditShop.cz

10.12.2015 - UniCredit Bank named Best Bank in Cash Management in the Czech Republic It is the third time it has been awarded this title!

Prague, 10.12.2015

UniCredit Bank named Best Bank in Cash Management in the Czech Republic It is the third time it has been awarded this title! 

Prague, 10 December UniCredit Bank has again reached the highest rank, succeeding in the competition of the prestigious magazine Euromoney for the best bank in cash management. Besides the Czech Republic, the top rank was also awarded in seven other CEE countries. It is the third title for the Czech Republic, which has a long-standing history of the best results in Cash Management.

"Besides the excellent cash management, clients' experience with the services provided by our banking specialists, Cash Management specialists and colleagues in customer care plays an important part in voting," Jiří Kunert, CEO and Chairman of the Board of UniCredit Bank, comments on being awarded the first place. "Once again we have asserted the strong position of our bank in corporate banking and the third award of Best Bank in Cash Management in the Czech Republic is a clear proof of our clients' long-term satisfaction with our services," Kunert added. 

The survey involved more than 27 thousand representatives of international companies with turnovers exceeding 50 million dollars. Besides the Czech Republic, banks of the UniCredit Group won the highest award also in Austria, Hungary, Croatia, Romania, Turkey, Serbia and Slovenia.

Eight awards in cash management have not been the first awards obtained by the UniCredit Group in CEE this year. In a poll by the British magazine The Banker, it became the region's most innovative bank. UniCredit was also awarded Best Bank in Real Estate Financing in the Czech Republic by the Euromoney magazine; this year, in a regular Trade Finance Survey, it was awarded the title of the Best Corporate Finance Provider to companies and entrepreneurs in CEE in the Czech Republic, Slovakia and eight other countries, and UniCredit also became Best Bank in CEE.

9.12.2015 - UniCredit Bank launches the Pay button for fast and comfortable payments online

Prague, 9.12.2015

UniCredit Bank launches the Pay button for fast and comfortable payments online

To buy in an e-shop and simply pay in just a few clicks in the secure online environment. With no payment cards, time-consuming forms and waiting for the payment to be processed. This will be offered by the new Pay button of UniCredit Bank, which will be available for clients, thanks to cooperation with PayU, from 9 November in one of the leading domestic e-shop  Mall.cz and the price comparison website Heureka.cz.

"Many clients still find, for instance, entering data from their payment cards in the online forms of e-shops, insurmountable. The Pay button constitutes a reliable alternative for them. Using this button, they do not have to enter their payment data anywhere, they only have to confirm the payment directly in their online banking, which they are familiar with. It is nowadays used by more than three fourths of our clients," says Radek Jirka, Manager of Direct Banking of UniCredit Bank.

Clients do not have to register anywhere in order to use this payment method. On 9 December, the Pay button will work for all UniCredit Bank clients using online banking. Thanks to cooperation with PayU, they will find it in one of the leading Czech e-shops Mall.cz and the price comparison website Heureka.cz.

Using the Pay button is simple and intuitive. Once the payment method is selected, the client is redirected to the login page of the online banking. The client finds there an already completed payment order, which must be checked and confirmed. In order to have better overview of one's purchases, clients may use a designated field for their comments, which will appear in the account statement.

The service has also the advantage that e-shops are informed of the payment immediately, so that they can dispatch the goods instantly. In the event of complaints or return of goods, clients are clearly identified and refunds to clients' accounts may be also made without undue delays.

19.11.2015 - UniCredit bringing UEFA Champions League Trophy to Czech and Slovak Cities

Prague, 19.11.2015

UniCredit bringing UEFA Champions League Trophy to Czech and Slovak Cities

Prague, 19 November With the second half of this season’s group stage of UEFA Champions League, the UniCredit UEFA Champions League Trophy Tour also begins. The iconic silver trophy will travel through three Czech and one Slovak towns this year, at the end of November and beginning of December. The Trophy Tour will start in Prague’s OC Harfa already on Friday 20 November. On the journey the cup will be accompanied by tour ambassador Vladimír Šmicer, former top footballer and the first Czech winner of UEFA Champions League from 2005. The UniCredit Group has been a proud official bank of UEFA Champions League for the seventh year.

“It is a life experience to see the UEFA Champions League cup live. For us, the Trophy Tour is a unique opportunity to bring UEFA Champions League, and UniCredit  Bank, of course, closer to people, moreover, we can personally meet football fans throughout Europe. I am glad that after the last year’s stop in Bratislava, this year the trophy will travel through three Czech towns and return to Slovakia as well,“ Jiří Kunert, UniCredit Bank CEO and Chairman of the Board of Directors says.

Guy-Laurent Epstein, UEFA Events SA Marketing Director commented: “We are delighted to once again partner with UniCredit to tour the UEFA Champions League Trophy across Europe for the seventh consecutive time and thereby giving football fans in Czech Republic, Slovakia and Bulgaria the chance to come close to one of the most prestigious assets of the competition.”

This year’s Trophy Tour will start in the Czech metropolis on 20 – 22 November. The cup will be exhibited in OC Harfa in Prague on Friday and Saturday morning. On Saturday, in the afternoon, it will be moved to Náměstí Jana Palacha, where it will stay until Sunday. On the day of fifth matches of the group stage, 24 November, the trophy will arrive to Liberec, to Dr. Edvard Beneš square  and one day later, to the Nisa shopping centre. From Friday 27 November to Sunday 29 November , the fans can take the phot with the cup in Pilsen at Olympia shopping centre. This time, the Slovaks can see the trophy in Trnava in the City Arena shopping centre and on Dolné Bašty Street at the beginning of December.

Within the UEFA Champions League Trophy Tour, the trophy will be exhibited in four European towns in a specially adapted truck. The purpose of the action is to draw attention and raise interest of the public, to bring and spread the football atmosphere to the whole town. Thus, fans will be able to see the trophy within this year’s Trophy Tour at squares and in shopping centres of European football towns. 

Within the Trophy Tour, fans will also be able to meet the tour ambassador, former top midfielder Vladimír Šmicer, who won the Champions League himself in the season 2004/2005, in the last year of his playing career in Liverpool. Despite his coming to the field in the final against AC Milan only during the break, in the adverse situation 0:3, with his goal and subsequently converted penalty in the decisive shoot-out he significantly contributed to the turn and victory of his club. So far, he has been the only Czech goal-kicker in Champions League finals.

For UniCredit, UEFA Champions League is the most notable football action under way providing a wide variety of opportunities in the area of marketing, communication and brand building as part of UniCredit’s global as well as local plans. The role of official sponsor in the past six years has increased UniCredit’s brand knowledge, improved its image and increased the commitment of both clients and employees.

Find more information about official sponsorship at www.unicredit.eu/champions.

UEFA Champions League Trophy Tour 2015 stops in the Czech Republic and in Slovakia

Friday 20 November             Prague, OC Harfa (9 a.m.  –  9 p.m.)

Saturday 21 November       Prague, OC Harfa (9 a.m.  –  12 p.m.) / Náměstí Jana Palacha (2 p.m. – 6 p.m.)¨                                                      
Autograph with Vladimír Šmicer (10 a.m.  –  11 a.m.)

Sunday 22 November          Prague, Náměstí Jana Palacha (10 a.m.  –  7 p.m.)                                                      
Autograph with Vladimír Šmicer (10 a.m.  –  11 a.m.)

Tuesday 24 November        Liberec, Náměstí Edvarda Beneše (10 a.m.  –  7 p.m.)

Wednesday 25 November Liberec, OC Nisa (9 a.m.  –  9 p.m.)

Friday 27 November             Pilsen, OC Olympia (9 a.m.  –  9 p.m.)

Saturday 28 November       Pilsen, OC Olympia (9 a.m.  –  9 p.m.)

Sunday 29 November          Pilsen, OC Olympia (9 a.m.  –  9 p.m.)

Wednesday 2 December    Trnava, OC City Aréna (9 a.m.  –  9 p.m.)

Thursday 3 December         Trnava, OC City Aréna (9 a.m.  –  1 p.m.) / Dolné Bašty Str. (2 p.m. – 7 p.m.)

Friday 4 December                Trnava, Dolné Bašty Str. (10 a.m.  –  7 p.m.)

18.11.2015 - Fast and easy money transfer? No problem with QR payments in the new Smart Banking from UniCredit Bank.

Prague, 18.11.2015

Fast and easy money transfer? No problem with QR payments in the new Smart Banking from UniCredit Bank.

 Bratislava, 18 November Copying of data from post remittances and invoices is a thing of the past. Just simply scan your bar code or QR code and UniCredit Bank mobile banking will complete the whole payment for you. QR codes can also be used for fast money transfers between friends. You just need to create a code for the particular payment directly in your application and send it to your friends.  This unique novelty is brought to you by an update of the Smart Banking application for Android and iOS.

“If you shop together with your friends or if you go with them to a pub and you take the whole bill or if you borrow money from your colleague, you no longer need to send sensitive payment data needed for the settlement of the debt. Moreover, you also do not have to bother with copying numbers from your utility bills, for example. The update of our mobile banking allows you to easily generate a QR code which you can send in any way or show on the display of your phone,” explains Carmelo Minardi, Head of Multi-Channel Banking of UniCredit Bank.

With the new functionality of the mobile application, you can pay your bills and invoices fast and easy by using your integrated bar code and QR code reader. So, the complicated filling up of payment data with a small mobile phone keyboard is now over. In addition to faster and easier payments, the simple scanning of codes will also prevent possible typing errors. QR code can also be created directly in the application and sent to your friends. The code for the payment can not only be scanned, but also selected from the phone’s gallery. 

The number of users of the Smart Banking mobile application from UniCredit Bank is growing rapidly. “For the first eight months, the number of clients who downloaded the application has doubled compared to the entire past year. Mobile banking is used now by every third client of UniCredit Bank. The number of mobile transactions grows with the number of users, namely by 175 per cent yoy,” said Radek Jirka, Manager of Direct Banking of UniCredit Bank. Approximately two thirds of mobile banking users are clients who have Android smart phones, while Apple iOS creates approximately one third. The share of applications on Windows Phone and other mobile platforms is insignificant. 

The new version of Smart Banking application is already available. Existing clients just need to update their application. Login data, including PIN code to the application and the Smart Key do not change. New clients can download the app and simply connect it with their account by means of a request available in the UniCredit Online banking. Should you have any problems with the installation and setup of the app, we are ready to help you at any UniCredit Bank branch.

12.11.2015 - UniCredit Bank Czech Republic and Slovakia, a.s. boosting its position: 24.4 per cent growth of its consolidated net profit in the first three quarters of 2015

Prague, 12.11.2015

UniCredit Bank Czech Republic and Slovakia, a.s. boosting its position: 24.4 per cent growth of its consolidated net profit in the first three quarters of 2015 

  • Consolidated net profit went up by 24.4% yoy to CZK 4.6 billion compared to the results of the UniCredit Bank Czech Republic and Slovakia financial group for the same period a year ago.
  • Compared to 30 September 2014, loans to clients went up by 7.4% on a consolidated basis.
  • New financing provided to clients of leasing companies grew by 42.3% yoy.
  • Customer deposits increased by 19.1% yoy.
  • Consolidated assets of the financial group rose by 15.8% yoy.
  • Consolidated capital adequacy is at 14.54% (non-audited data).
  • UniCredit Bank was named Best Bank in real estate financing by the prestigious magazine Euromoney.   

Prague, 12 November – The after-tax consolidated profit of UniCredit Bank Czech Republic and Slovakia rose from CZK 3,680 million (as of 30 September 2014) to CZK 4,576 million (as of 30 September 2015). Mr. Jiří Kunert, CEO and Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia, commented on the results:  

"The consolidated net profit continues to grow at a dynamic pace, being above the average of both markets where we operate. Despite the strong competitive environment, the two-digit increase of customer deposits demonstrates the clients' confidence in our financial group. Factors, such as low interest rates, recovery in the real estate market, favourable conditions in financial markets and, in particular, a keen interest of clients in our innovative products and services, have once again contributed to the considerable growth of not only consumer and mortgage lending, but also mainly of corporate lending, where high investment activity is observed especially in the manufacturing segment. We have strengthened our leading position also thanks to the sharp growth of the volume of new financing granted to clients of leasing companies, which rose by 42.3% yoy."     

Items of Profit and Loss Statement

Consolidated net interest income of UniCredit Bank Czech Republic and Slovakia went up to CZK 7,813 million, representing an increase of 4% compared to the same period a year ago (as of 30 September 2014: CZK 7,511 million). Consolidated net income from fees and commissions grew by 8.8% to CZK 2,923 million yoy (as of 30 September 2014: CZK 2,686 million).  

The level of consolidated general administrative expenses increased by 3.4% to CZK 5,498 million (as of 30 September 2014: CZK 5,316 million). Consolidated credit risk cost dropped to CZK 1,071 million yoy, representing a decline by 36.7% compared to a year ago (as of 30 September 2014: CZK 1,692 million).  

"We strongly focus on the sustainable growth of net interest income while maintaining the quality of the loan portfolio. We have achieved exceptional business results, which prove our flexibility to adapt to the current market conditions. The increasing number of new clients in the Czech Republic and Slovakia and, at the same time, the dynamic growth of lending both in the retail and corporate sector are among the key drivers of our excellent business results. The increase of administrative expenses is fully under our control and it is solely related to the development of our business activities. Owing to our ongoing prudential approach and high quality of the loan portfolio, the cost of credit risk is falling by a solid 36.7% this year," said Mr. Gregor Hofstaetter-Pobst, CFO of UniCredit Bank.  

Balance Sheet

As of 30 September 2015, consolidated assets of UniCredit Bank Czech Republic and Slovakia amounted to CZK 590,083 million, representing a 16% increase compared to the figures as of 30 September 2014 (CZK 509,640 million).    

On the assets side of the consolidated Balance Sheet, receivables from clients increased by 7.4 % to a total of CZK 354,106 million compared to the state as of 30 September 2014 (CZK 329,601 million).  

On the liabilities side, the volume of customer deposits rose by 19.1% to CZK 348,186 million (30 September 2014: CZK 292,240 million). Bank liabilities evidenced by certificates went up by 56.8 % to CZK 71,065 million (30 September 2014: CZK 45,326 million).  

Consolidated equity of the bank grew by 6% to CZK 60,245 million (as of 30 September 2014: CZK 56,815 million).    

In retail banking, mortgage loans driven by the recovery in the real estate market and record-low interest rates went up by 16.1% yoy. Consumer loans rose by 11.8%. Interest in the fee-free U konto (U Account) is growing, with more than 218,000 clients taking full advantage of the account with all the benefits.  

Loans granted to large corporate clients increased by 12.3%. The dynamic growth of loans continued also in the segment of small and medium-sized enterprises, namely by 18.3% yoy.

In leasing companies, new financing of vehicles rose by 42.3% yoy. The strongest yoy percentage growth was reported by machinery and equipment (60%), vehicles over 3.5 tonnes (47.6%) and vehicles up to 3.5 tonnes (32%).  

Note for editors:

The consolidated net profit of the UniCredit Bank Czech Republic and Slovakia, a.s. financial group includes the results of UniCredit Bank and UniCredit Leasing in the Czech Republic and Slovakia as well as the results of UniCredit Factoring Czech Republic and Slovakia, a.s.

3.11.2015 - UniCredit Bank together with EGAP provides PhosAgro credit of EUR 73.4 million

Prague, 3.11.2015

UniCredit Bank together with EGAP provides PhosAgro credit of EUR 73.4 million 

Prague, 3 November UniCredit Bank Czech Republic and Slovakia and JSC PhosAgro-Cherepovets, together with EGAP, concluded an agreement to provide the company with a long-term export buyer's credit in the total amount of EUR 73.4 million (over CZK 2 billion). The credit will be used by PhosAgro-Cherepovets to finance the import of equipment from the Czech company CHEMOPROJECT NITROGEN a.s. for construction of a granulated urea production line

“Czech exporters to Russia in sectors like machine building, metallurgy and chemicals remain active, as confirmed by this transaction. This is the largest loan covered by EGAP that we have ever issued to a Russian company. UniCredit Group’s strong position in the Russian market also played an important role in organising this financing,” said UniCredit Bank Czech Republic and SlovakiaManagement Board Chairman Jiří Kunert.

“UniCredit Bank in Russia and PhosAgro are long-time strategic partners,” said AO UniCredit Bank Chairman of the Management Board Mikhail Alekseev, “We are interested in long-term cooperation with our corporate clients and we seek to offer them the right solutions to achieve their goals effectively with the support of UniCredit’s international presence.”

In 2014, a contract was signed between CHEMOPROJECT NITROGEN a.s., Czech Republic, as the exporter and AO PhosAgro–Cherepovets, Russia, as the customer for designing, complete deliveries of equipment and commissioning of a urea production unit, including a 1,500 tonne/day granulation unit. Construction and assembly will be handled by the customer. The value of the contract exceeds CZK 2.3 billion and the project is due to be completed in 2017. Delivery times and quality of the entire project are secured by experienced specialists from CHEMOPROJECT NITROGEN a.s.

To date, the customer has already received the process design package, basic design, confirmation of ordering key deliveries, etc. Preparation for implementation of the project is underway at the moment. Material deliveries shall commence at the start of 2016.

PhosAgro is Europe’s largest, and the world's third-largest producer of phosphate-based fertilizers, selling its production output to 100 countries. PhosAgro is one of the key clients of AO UniCredit Bank in Russia, which has significantly contributed to the closing of this transaction. UniCredit has structured the financing in the form of confirmed letters of credit in combination with post-financing and subsequent refinancing through long-term credit. UniCredit Bank in Russia also acted as a Passport Bank. Issuance of the advance payment bond represents an integral part of this transaction. This structure of financing will guarantee a spread of credit repayment for the investor depending on his cash-flow model.

The export buyer's credit is insured by the Export Guarantee and Insurance Corporation (“EGAP)”). This credit became one of the largest transactions insured in the Czech Republic this year. 

According to the credit insurer EGAP this deal meets the criteria which has been set for trading with Russia. Jan Procházka, CEO of EGAP said: " Even though Czech exports to Russia have declined somewhat in the last year, EGAP has consistently said it will support guarantees for the export of high-tech equipment to Russia, even if we have taken a more cautious approach following the rouble devaluation. New transactions must have an acceptable level of risk: in this case both the experienced domestic exporter and the borrower fully meet the key criteria for export insurance. PhosAgro is a leader in the global fertilizer market, has international credit ratings and enjoys significant foreign currency revenue.”

PhosAgro CEO Andrey Guryev said: “After receiving a USD 440.6 million syndicated loan from JBIC to finance the construction of our new 760 ths tonne/year ammonia line, PhosAgro has agreed to a 12-year loan from UniCredit with cover from EGAP at an interest rate below 3%. 

“In an environment of limited access to long-term financing, PhosAgro has once again proven it is a first-class borrower. I would like to thank our Czech colleagues for this productive cooperation.”

15.10.2015 - Business that makes the world a better place. The programme to foster social entrepreneurship in the Czech Republic is starting

Prague, 15.10.2015

Business that makes the world a better place. The programme to foster social entrepreneurship in the Czech Republic is starting

Can business be connected with helping others and making the world around us better? The increasing number of entrepreneurs in the Czech Republic shows that it is possible. UniCredit Bank and UniCredit Foundation have decided, in cooperation with the Via Foundation, to support this optimistic trend of social entrepreneurship development with a special grant programme.

What will the selected social enterprises get? A grant of up to CZK 340,000 and further support, for instance professional advisory and workshops. Applications may be submitted by any entrepreneur who has an interesting idea and wants to start a social enterprise, as well as by any existing social entrepreneur who needs to improve the operation of their company. 

Pavel Hušek, project manager at the Via Foundation explains what exactly social entrepreneurship entails. "These entrepreneurs often employ disadvantaged disabled people or develop environmentally friendly technologies. In short, they don't just seek profit alone, they are also interested in transforming their neighbourhood or the entire society," he says.

In some cases, profit and helping others go directly hand in hand. It is shown for instance by the Pasparta publishing house, which has autistic employees. "Autistic people have many advantages compared with other employees. They pay attention to detail and they are exceptionally precise, which is great, say, for design activities," Martin Mařík, director of the publishing house, says.

UniCredit Bank, together with UniCredit Foundation, is a partner of the Better Business programme. "For UniCredit Bank the support of entrepreneurs and companies always stand in the bank´s ranking at the forefront of priorities. However, we always strive to give something extra to the business sector. Thus, within the Better Business programme, we focus, besides financial aid, on projects with an ambition of long-term sustainability and with a view to changing the society, helping employ disadvantaged people or people with disabilities," Petr Plocek, Press Spokesperson of UniCredit Bank, explains.

"Social enterprises may provide an excellent offer of products and services; moreover, they are able to respond quickly to the current social challenges of our society. We see a strong future in fostering the development of social entrepreneurship and the deep interconnections it is able to create between the for-profit and the non-profit sectors, The financial sustainable experiences of social business contributes to the development of the whole market, by also positively contaminating the way of doing business of traditional companies," says Maurizio Carrara, Chairman of UniCredit Foundation.

Companies can apply for the Better Business programme by 16 November, and an independent committee will decide on the beneficiaries of the grant. Specific conditions are published on the Via Foundation web page (www.nadacevia.cz).

Interesting stories from the last year's Better Business programme:

Autonapůl – A company for people who occasionally need a car. A company which seeks innovative and environmentally friendly solutions. Autonapůl is a pioneer of the so-called car sharing in the Czech Republic. See more: www.autonapul.org

Nakladatelství Pasparta – A publishing house primarily publishing books on autism. They also have autistic employees, and use their specific abilities to make their work better and more effective. See more: www.pasparta.cz

Projekt Strojovna – Strojovna is an open creative studio. Anyone can sew, repair or manufacture anything here. The project helps preserve traditional handwork techniques, promoting sustainable consumption at the same time. See more: www.strojovna.com

 

Information for editors

The VIA Foundation supports and strengthens the public participation in the development of a democratic society in the Czech Republic. It supports the development of good relationships and co-operation between non-profit organizations, local authorities and businessmen as it believes that is a path where people can assume responsibility for the environment they live in – to think and speak about it, jointly plan changes and then jointly change such plans into reality. It supports the growth of non-profit organizations because they are irreplaceable on the path to the civic society. It supports the growth of donation because neither a civic society nor non-profit organizations can exist without support provided from enlightened individuals, companies and institutions.

UniCredit Bank Czech Republic and Slovakia belongs to the largest banks on the Czech and Slovak market. UniCredit Bank’s sponsor activities focus in particular on art and cultural heritage, the Bank ranks to the largest supporters of artists and musicians and has been co-operating with many significant artistic institutions or projects. The Bank also participates in many projects in the area of sport and education.

The UniCredit Foundation is a corporate foundation, established in 2003 with the aim at contributing to the development of solidarity and philanthropy in communities and geographic areas where the UniCredit Group is present (17 countries between Europe and Central Asia). Through provision of funds and managerial skills, the UniCredit Foundation fosters both projects with wide social impact and activities carried out by local non-profit organisations. The implementation of projects enables employees to make a contribution within the cultural inclusion of the bank. Over recent 10 years, the Foundation has implemented more than 400 projects and initiatives in a total of more than EUR 100 million locally invested.  (www.unicreditfoundation.org).

2.10.2015 - UniCredit awarded “Most Innovative Investment Bank in CEE 2015”

Vienna, 2.10.2015

UniCredit awarded “Most Innovative Investment Bank in CEE 2015”

The Banker, the renowned UK-basedmagazine for banking and finance professionals, has awarded UniCredit “Most Innovative Investment Bank in Central and Eastern Europe 2015”.

According to the jury UniCredit has shown innovation in the bondmarket through transactions such as Republic of Bulgaria's triple-tranche bond issue as well as in areas including real estate and project finance. UniCredit's CEEM&A advisory business is amongst the leading in the region, showing innovation in crossborder transactions within CEE as well as outside and in takeovers with private equity involvement.

The Banker's editor Brian Caplen said: "Congratulations to everyone at UniCredit for being ourmost innovative investment bank fromCentral and Eastern Europe. The judges were impressed with the range of expertise shown by the bank across a number of areas such as real estate financing, bond underwriting, public private partnerships andM&A. A standout deal was Bulgaria’s first ever triple-tranche bond offering including the longest evermaturity for the sovereign. This is a truly impressive all round performance from UniCredit."

“I amproud of this internationally acclaimed award,which is a well-deserved acknowledgement of the outstanding work of our teamand proof of our sustainable achievements in a challenging business. I´d like to thank all of our staff for their constant commitment,” said Carlo Vivaldi, Head of CEE Division at UniCredit. “We do not differentiate between investment banking and corporate banking, but offer our customers an unrivalled combination of in-depth expertise, a geographically broad presence and a wide range of services instead.We strive for adding value by tailor-made solutions,”Mr Vivaldi added.

The awards, presented at the Investment Banking Awards´ dinner last night in London, were determined by a jury of experienced journalists chaired by The Banker’s editor, Brian Caplen.

29.9.2015 - CEE in the autumn of 2015 is the new safe haven

Vienna, 29.9.2015

CEE Quarterly 4Q15

CEE in the autumn of 2015 is the new safe haven   

  • EU-CEE1 sub-region economies buoyed by fledging recovery in the euro area (EA) and financial markets safeguarded by strong external positions and prudent policies
  • EU-CEE currencies and asset prices, unlike other EMs, barely budged during recent turbulence, transforming the region into a “safe haven” for investors in EM 
  • Ongoing market volatility entails risks which vary widely across countries, but global macroeconomic outlook remains favourable for CEE and the region, despite its heterogeneity, looks better positioned than most other large EM to cope with potential challenges.    

UniCredit’s CEE Quarterly 4Q 2015 found that market volatility spiked in 3Q15, with the uncertainty surrounding the anticipated Fed rate hike augmented by growing worries about a “hard landing” in China.  Against this backdrop, EM assets suffered with currencies depreciating, bond and equity prices soaring and growth prospects weakening. In CEE, the difficult external environment amplified the growing divergence within the region. While the region’s two largest economies – Russia and Turkey – suffered, the rest weathered the latest market disturbance largely unscathed.  

The resilience of EU-CEE  

Growth in the EU-CEE continued at a brisk pace in 2Q15 and short-term indicators suggest that the momentum will be sustained in 3Q15. We expect real GDP to rise 2-3.5% for the year as a whole, slightly above potential. If growth was initially led by exports spurred by the recovery in the EU, now it has shifted towards domestic demand. Falling unemployment, firmer wage growth and inflation at historical lows have boosted consumption, while incrased EU fund absorption has boosted investment. At the same time, external positions are strong with export growth, although below its impressive 1Q15 pace, remaining solid, and current accounts in surplus or near balance. External financing has been plentiful, supporting currencies and creditworthiness perceptions.  

“With small direct exposure to China and on the winning side of the commodity price rout, the EU-CEE is increasingly viewed as a safe haven among EM”. says Lubomir Mitov, Chief CEE Economist at UniCredit.  

As for the other countries in the region,Turkey  has failed to benefit from the positive developments in the EU, the lower oil prices or the global liquidity glut.  

Russia has been the major loser from the reversal of the commodity cycle. With 75% of export receipts and nearly half of government revenues coming from oil and natural gas, the renewed dip in oil prices since July has dealt a major blow to the already weakened economy with access to markets hampered by the ongoing sanctions. In Ukraine, which has been hit by an unprecedented financial and geopolitical crisis, the economy at least seems to have bottomed out in 2Q15. Real GDP, industrial output and retail sales all stabilized during the summer or have shown tentative growth, albeit from a very low level.  

Croatia and Serbia were helped out of recession by the recovery in the EA, but growth in both will be lackluster this year at less than 1%. This partly reflects the far smaller share of merchandise exports than in the EU-CEE that has limited the positive impact of the rebound in Europe. Unlike the EU-CEE, domestic demand has yet to recover, constrained by significant and growing macroeconomic imbalances that have weighed on confidence and constrained the policy response.

Outlook: Going in different directions  

Developments to date point to an increasingly divergent outlook for the CEE sub-regions. Our near-term projections are based on assumptions about a further slight acceleration in EA and U.S. growth, commodity prices stabilizing in 2016 with moderate upward potential, a “soft landing” in China and a gradual path of Fed rate hikes. The ECB is expected to continue with its QE program as initially planned.  

As Lubomir Mitov explains, “Under these assumptions, the global backdrop for CEE should be positive. However, the outlook is vastly different for the different sub-regions reflecting varying macroeconomic vulnerabilities, integration with the EU, policies and the state of reforms. Judging by these criteria, the EU-CEE is best positioned to benefit from the favorable global environment”.

Next year, growth in the EU-CEE should remain robust, again above potential. A slight slowdown can be expected in countries that have relied the most on EU funds for investment, with their absorption set to dip during the transition between the two EU budgets everywhere except for Poland. However, most of the slowdown in EU-funded investment should be offset by firming consumption, as tighter labour markets result in higher wage growth. With growth well balanced, external positions should remain stable. Given the preponderance of FDI-related flows and the strong fundamentals, we see little if any risks for external financing.  

The key conclusion is that the CEE region, despite its heterogeneity, looks better positioned than most other large EM to cope with potential challenges.

1EU-CEE are the new EU members in Central Europe, which includes some of the countries that joined the EU in 2004 and 2007, namely Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia. Croatia is addressed separately.

22.9.2015 - UniCredit Bank launches refinancing of mortgages online with express handling

Prague, 22.9.2015

Do you want to refinance your mortgage at any time and any place, and to handle it all in a week? Do you also want to cut your interest rate down to 1.69% p.a.? It's no problem with UniCredit Bank. Following a successful pilot operation, the bank launches the refinancing of mortgage loans Online. Clients can transfer and refinance their mortgage at unicreditshop.cz virtually in one stroke. They can do it all from the comfort of their home, easily, quickly and with express approval Online in just 48 hours after provision of all documents. Moreover, clients have their own Online banker, accompanying them throughout the process. 

…I did not even notice that I was refinancing my mortgage, one of the first clients from Liberec wrote. 

You were so quick that the rival banks could not even respond, a client from Brno said to her online banker.

"The first reactions of clients are a clear message to us that today you can smoothly handle even refinancing of mortgage via the Internet. Not only will you save money thanks to the favourable interest rates, but only with UniCredit Bank you will experience a personal approach of your online banker and express handling, all of this from the comfort of your home. You can spend the time saved due to quick handling with those who are close to you," emphasizes Carmelo Minardi, Head of Multi-Channel Banking at UniCredit Bank.

All clients have to do is scan all documents for their mortgage loan or take a picture of them by phone, and then record and download them via a web application at unicreditshop.cz safely and comfortably. Once all the required information and contracts have been provided, UniCredit Bank will ensure, subject to fulfilment of all conditions, approval of the loan in 48 hours. From here, then, all that is required is to sign the contract.

Besides the significant time savings, clients save also considerable funds owing to the favourable rates and zero charges for the provision and maintenance of the loan. In simplified refinancing clients do not need to provide the bank with any income statements. The bank accepts original appraisals of real estate, otherwise it provides them for free. We always guarantee early mortgage instalments free of charge, up to 20% of the principal. 

Try refinancing your mortgage online https://www.unicreditshop.cz/hypoteka-online

Information for editors: 

With the possibility of refinancing a mortgage online, the bank takes a positive attitude to the trends and increasing demand for purchasing banking products on the Internet. Around one third of the Czechs using banking e-shops ordered a banking product or service via the Internet in the past. Mortgage loans are no exception which people would like to handle only in person at branches. In an exclusive survey for UniCredit Bank, nearly one half of the Czechs using the Internet on a regular basis stated that they are open to applying for their mortgage online. It applies to entirely new mortgage clients as well as to people already repaying their mortgage for some time. As much as one half of them is planning to get a better deal on their existing mortgage loan very shortly.   In general, the Czechs are old hands at shopping via the Internet. According to the Czech Statistical Office, every third Czech of at least sixteen years of age is shopping on the Internet today. The Czechs are known for not letting them being limited in any matter whatsoever, shopping included. Moreover, they already spend, on average, more than 20 hours a week online, which is almost one whole day.

Information about the survey

The survey of purchasing behaviour of banking products on the Internet by Czech and Slovak households was conducted for UniCredit Bank by the Data Collect agency on an online panel. The survey took place in the first quarter of 2015 in a sample of 1,000 citizens of the Czech Republic and 1,000 citizens in Slovakia. In both countries, the age of respondents ranged from 18 to 64 years.

14.9.2015 - The Smart klíč application for a free-of-charge login to the Online Banking is used by 30% UniCredit Bank users and their number is constantly increasi

Prague, 14.9.2015

More than 30% of the UniCredit Bank mobile banking users use also the Smart klíč application (a token in their mobile phones) to log in to and sign transactions in the Online Banking. UniCredit Bank provides its clients with the Smart klíč application free of charge, from January 2014. Also the number of the mobile Smart Banking users is growing dynamically, having doubled on a year-on-year basis. Moreover, the number of transactions made via mobile phones increased by 150%.  

"With the free Smart klíč application by UniCredit Bank, everything is much faster, more convenient and safer than entering the usual authorisation SMS, and it works even without an Internet connection. You can thus log in to the Online Banking and confirm your transaction anywhere in the whole wide world," Carmelo Minardi, Head of Multichannel UniCredit Bank, emphasizes.  

The mobile Smart Banking by UniCredit Bank is already used by every third client of the bank. During the first eight months of this year, it has been downloaded by twice as many clients as during the entire last year. Also the number of transactions made via mobile phones is growing; by 150% yoy on average in the Czech Republic and by 75% in Slovakia. UniCredit Bank further confirms its position of a leader in the Czech and Slovak market in terms of the number of supported types of mobile phones of over 90% from among all mobile devices.  Roughly two thirds of mobile banking users represent Android smartphone owners, with iOS accounting for a one-third share and the Windows Phone platform accounting for a minor share (1%), too. However, nowadays the online access to banks is used by most clients, with the standard Online Banking being used by three fourths of all UniCredit Bank clients.  

Information for editors:   Smart klíč by UniCredit Bank is a universal application to log in to the Online Banking and confirm transactions. The application can be used free of charge; moreover, it is very easy and convenient for clients. In order to generate authorisation codes via the Smart klíč application, your mobile phone does not have to be connected to the Internet; it can be used, for instance, abroad even if clients do not have their roaming services active in their mobile phones. This is except the download itself and the initial activation of the application.

11.9.2015 - UniCredit to Address Czech Exporters at the International Engineering Fair in Brno

Prague, 11.9.2015

UniCredit Bank and UniCredit Leasing, leaders in financing of small and medium-sized enterprises as well as large corporates in the Czech market, are to introduce their services at the upcoming International Engineering Fair in Brno. The presentation will focus on corporate financing, export financing and leasing services. Visit UniCredit Bank and UniCredit Leasing at the International Engineering Fair in Brno at booth 18 in the Z pavilion.  

The Czech economy is increasingly exploiting export opportunities. It is proved not only by the successful stories of domestic enterprises in foreign markets but also by the increasing share of export and cross-border trade in the Czech GDP. Machines, devices or vehicles – engineering sectors in which the Czech Republic excels in the long run – form an essential part of export.  

"As a strong partner with international background, we are helping Czech and Slovak enterprises push their quality products and services through in a highly competitive global market. Compared to the end of 2014, the volume of our export financing for the first eight months of this year increased by 89%," Jiří Kunert, Chairman of the Board and CEO of UniCredit Bank Czech Republic and Slovakia, says.  

UniCredit Bank is a traditional supporter of Czech enterprises in investments in the new and existing export markets all over the world. In Latin America, it helps exploit the immense potential in particular in the energy and mining industry, together with environmental protection technologies. It finances also investments into Southeast Asia and Africa. Recently, using an appropriate combination of banking products, the bank has helped complete, for instance, a half-billion project of building a brewery in Ethiopia; it finances the export of technologies and services to Egypt and an infrastructural project to Azerbaijan. With the support of Export and Guarantee Insurance Corporation EGAP, the bank mediated also a unique investment into Laos, amounting to CZK 1.5 billion, with the second stage of this project being negotiated currently. Mainly owing to the cooperation with its affiliate AO UniCredit Moscow, it is one of the few banks that has not stopped financing into Russia, being one of the most active from among the Czech banks in this respect.  

The bank's presentation at the booth will be accompanied by UniCredit Leasing, one of the leaders in the non-bank financing market and a part of the UniCredit Bank financial group. At the fair, it will introduce its wide range of support for exporters, among other things, in the form of financing of machines, devices and agricultural machinery, breaking down the myth that leasing is primarily focused on the financing of vehicles, machines or buildings. For UniCredit Leasing is able to finance many of the Czech exporters' needs, offering numerous ways of refinancing the investment projects of each and every client. In recent years, there has been an increasing demand of clients for intermediation of leasing financial products, which provide the required investments with minimum or even zero initial cost.  

UniCredit Bank is extensively experienced in export financing. In January 2015, the prestigious financial magazine Euromoney once again acknowledged the quality of its services by granting the highest award in the Best Trade Finance Bank competition to the bank. Being named the Best Project Finance House in 2013, the bank received such award for the second time in a row in the region of Central and Eastern Europe. UniCredit Bank is also the general partner of the DHL Export Award, a prestigious award for small and medium-sized enterprises able to succeed in foreign markets.

6.8.2015 - UniCredit Bank Czech Republic and Slovakia again reported strong business results in the first half of 2015

Prague, 6.8.2015

UniCredit Bank Czech Republic and Slovakia again reported strong business results in the first half of 2015 and its consolidated net profit grew by 25.6% yoy

  • Consolidated net profit went up by 25.6% yoy to CZK 3.1 billion compared to last year's half-yearly results of the UniCredit Bank Czech Republic and Slovakia financial group.
  • Operating income rose by 12% yoy. • Compared to 30 June 2014, loans to clients grew by 8.3%.
  • Customer deposits increased by 14.5% yoy.
  • Total assets went up by 15% yoy.
  • Consolidated capital adequacy is at 15.54% (non-audited data).
  • UniCredit Bank was the first one in the Czech and Slovak market to introduce an innovation in mobile banking – a fingerprint logon to the Smart Banking and Smart Key mobile applications.
  • UniCredit was named Best Bank in Central and Eastern Europe by the prestigious Euromoney magazine. 


The after-tax consolidated profit of UniCredit Bank Czech Republic and Slovakia increased from CZK 2,464 million (as of 30 June 2014) to CZK 3,095 million (as of 30 June 2015). Mr Jiří Kunert, CEO and Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia, commented on the results: "We have been introducing innovations, new products, and responding flexibly to clients' requirements thanks to the strong background of our financial group, which allows us to provide clients with solutions across the range of segments. This direction is the right way of how to succeed and grow further, which is proved by our excellent business results. Two-digit growth was reported by consumer and mortgage loans, and a strong yoy increase is maintained by lending to small and medium-sized enterprises, including a dynamic growth of the financed value of vehicles and machinery of leasing companies within our group."

Items of Profit and Loss Statement
Net interest income of UniCredit Bank Czech Republic and Slovakia increased to CZK 5,200 million (as of 30 June 2014: CZK 4,905 million). Net income from fees and commissions grew to CZK 1,956 million yoy (as of 30 June 2014: CZK 1,751 million). 

The level of general administrative expenses increased by 5.2% to CZK 3,646 million (as of 30 June 2014: CZK 3,466 million). The credit risk cost dropped to CZK 762 million yoy (as of 30 June 2014: CZK 1,224 million). 

"I am really proud of that we were able again to repeat an increase in the net interest income which is remarkable in the continuous low interest rate environment. The increase reflects the growth of our client base and the increased volume of transactions in both markets where we operate. We continue to deliver excellent results also in trading thanks to the good positioning on the development of interest rates, credit spreads and FX as well as continuous hedging activities for customers. In line with the growing business we also see a slight increase in the operational cost base of our banking group. The constant approach in management of the credit risk cost and increased quality of long-term receivables have been positively reflected in the more than 60 per cent drop of the credit risk cost," said Mr Gregor Hofstaetter-Pobst, CFO of UniCredit Bank. 

Balance Sheet
In retail banking, mortgage loans supported by record-low interest rates grew by 17.3% and consumer loans by 10.5% yoy. The number of clients using the fee-free U konto (U Account) with free-of-charge ATM withdrawals within the country or abroad surpassed the record-high 190,000. 

The corporate segment reported a strong yoy increase in customer deposits, namely by 22.5%. The dynamic growth of granted loans was reflected in the segment of small and medium-sized enterprises, namely by 19% yoy. Two-digit growth was also reported by lending to large corporates. 

In leasing companies, the financed value for the first half of 2015 grew by 47.9% compared to the same period in 2014. The strongest yoy percentage growth was reported by machinery and equipment (80%), vehicles over 3.5 tonnes (54%) and vehicles up to 3.5 tonnes (31.8%). 

As of 30 June 2015, total assets of UniCredit Bank Czech Republic and Slovakia amounted to CZK 561,766 million, representing a 15% increase compared to the figures as of 30 June 2014 (CZK 488,662 million).
On the assets side of the Balance Sheet, receivables from clients increased by 8.3% to a total of CZK 355,880 million compared to the state as of 30 June 2014 (CZK 328,564 million). 
On the liabilities side, liabilities towards clients grew by 14.5% to CZK 333,008 million (30 June 2014: CZK 290,783 million). Liabilities from debt securities rose by 52.5% to CZK 67,811 million (30 June 2014: CZK 44,458 million). 
Bank equity grew by 4.9% to CZK 57,777 million compared to the first half of 2014 (as of 30 June 2014: CZK 55,063 million). 

Note for editors:
The consolidated net profit of the UniCredit Bank Czech Republic and Slovakia, a.s. financial group includes the results of UniCredit Bank and UniCredit Leasing in the Czech Republic and Slovakia, including the results of UniCredit Factoring Czech Republic and Slovakia.

21.7.2015 - With Chytré léto at UniCredit Bank, clients will save money and they may go on their next holiday in a new car

Prague, 21.7.2015

UniCredit Bank prepared a fresh summer roadshow Chytré léto (Smart summer) for the Czech and Slovak market. This roadshow will promote smart solutions and potential savings with U konto, Presto and mortgage loans. The roadshow will take place directly in Czech and Slovak streets, counting the savings of the people and presenting particular benefits of the UniCredit Bank products. If, moreover, people open the favourable U konto (U Account), take a mortgage or the consumer Presto půjčka (Presto Loan) during the summer vacation, they may win one of the three new Škoda Rapid vehicles. The Chytré léto roadshow will visit for a half day or a full day nearly 30 Czech and Slovak towns gradually where UniCredit Bank and UniCredit Bank Expres branches are present, by the end of the summer vacation.

"UniCredit Bank offers its clients unique conditions for the most popular products, current accounts, consumer or mortgage loans. We have decided to inform people of the smart solutions and favourable potential savings with our products directly in the streets across the Czech Republic and Slovakia. Moreover, three our clients who take one of these favourable products from our bank during the summer may go on their next holiday in their own new Škoda vehicle," says Giovanni Guidi, Director of Retail Banking at UniCredit Bank.

Within the roadshow, Czechs and Slovaks can meet teams of UniCredit Bank, which will calculate their potential financial savings with the favourable products of the bank directly on the spot. With U konto (U Account), they will save not only on the account monthly fees*, they will have cash withdrawals from any ATM in the world entirely free of charge too. Moreover, the bank guarantees the U konto (U Account) conditions for the next 10 years. When transferring their consumer loan to UniCredit Bank, clients may obtain a favourable interest rate and a CZK 3,000 bonus. Clients can enjoy a low interest rate from 1.69% p.a. on mortgage loans.  

Participation in this summer competition for three new Škoda vehicles in both countries is simple. All you have to do is to open a U konto (U Account), take a Presto půjčka (Presto Loan) or mortgage loan by 28 August 2015 and answer a simple question. In order to win one of the three Škoda Rapid vehicles, they must count how many kilometres will Škoda Rapid, part of the Chytré léto (Smart summer) roadshow fleet, drive around the Czech Republic in total. Three entrants who will be closest to the real mileage will receive prizes in the form of the Škoda Rapid.

It may be of help to the competing clients that the Chytre léto (Smart summer) roadshow in the Czech Republic will come, from 27 July until 16 August, through Brno, České Budějovice, Hradec Kralové, Jihlava, Karlovy Vary, Liberec, Mladá Boleslav, Olomouc, Ostrava, Pardubice, Pilsen, Prague, Ústi nad Labem and Zlin. Besides large Czech and Slovak towns, the banking fleet will be also in the vicinity of other UniCredit Bank branches. You will be able to meet them at nearly 180 points of sale across the Czech Republic and Slovakia. The detailed route, time schedule and competition rules are published for clients on https://www.unicreditshop.cz.

The Chytré leto (Smart summer) roadshow will be supported by a campaign in regional media, radios, on the website and at the branches.    

* Obtaining the favourable conditions and a free-of-charge keeping of U konto (U Account) is subject to a simple condition of monthly credit turnover of CZK 12,000 on the account.

20.7.2015 - Czechs making contactless payments amounting CZK 700 on average. Contactless cards will also be issued by UniCredit Bank starting this summer

Prague, 20.7.2015

Czechs make contactless payments in the average amount of CZK 700 per a payment, paying a half, CZK 350 on average, for food. This is indicated by the data from the network of 12,000 contactless terminals of UniCredit Bank. Also its clients will have the opportunity to pay by card easier and faster, whether at home or on holiday. Since the middle of July, UniCredit Bank have introduced contactless payment cards. This technology will be implemented in all of the newly issued cards. Existing clients may ask to have their cards replaced free of charge. 

UniCredit Bank have started issuing contactless payment cards of MasterCard from the middle of July 2015, and Visa cards from August. Moreover, UniCredit Bank has one of the widest networks of contactless payment terminals, with merchants operating more than 12 thousand of such terminals. Czechs make contactless payments in relatively high amounts, around CZK 700 on average. This is primarily due to frequent payments at petrol stations, which usually amount to CZK 800. On the contrary, they pay only CZK 350 on average for food and less than two hundred Czech koruna in fast foods.

All of the new cards currently issued to UniCredit Bank clients will automatically have the contactless technology built in, and existing clients may ask to have their cards replaced free of charge. Besides containing a contactless chip, the cards will still have a magnetic strip. Hence, new cards may be used for payments with all merchants, for withdrawal of cash from ATMs and for payments on the Internet, as the clients used to do using their regular cards.

Contactless payments are a way to pay for everyday shopping easily and without waiting. All you have to do is to present the contactless card to the reader; no PIN is required for payments up to CZK 500 or similar amounts in other currencies. The entire payment will be made in a few seconds, as much as six times faster than a regular payment by card. Higher amounts can be paid using contactless cards, too; however, PIN code has to be entered in the card terminal in such a case.

Cards work only in an immediate distance (around up to 2 cm) from the terminal, which makes reading of the card by another device impossible. The amount of the purchase is always deducted only once, even if the client presents the card several times by mistake. For verification purposes, the first payment by card must always be made in a regular manner; in case of frequent transactions, PIN has to be entered for small purchases also. Therefore, contactless payments are very secure and transparent. Every payment is recorded in the Internet banking by default. In case of discrepancies, a complaint may be filed in relation thereto as in the case of a regular payment, even without a receipt.

5.6.2015 - Factoring company Transfinance renamed UniCredit Factoring

Prague, 5.6.2015

Following the acquisition of the factoring company Transfinance in January, UniCredit Bank has also renamed the company. Since the end of May, the company has been operating under the business name UniCredit Factoring Czech Republic and Slovakia. The renaming will give a boost to the UniCredit brand and the synergies within provision of services of the financial group UniCredit Bank Czech Republic and Slovakia.   

UniCredit Factoring is a leading provider of operating financing in the form of factoring of domestic and foreign accounts receivable. Its business includes financing, collection and securing of short-term accounts receivable of clients from multiple branches of the industrial sector. By the acquisition, UniCredit Bank aimed primarily at further expanding its range of corporate banking products and services by adding factoring, which is intended mainly for small and medium enterprises. Acquiring a factoring company, UniCredit Bank has reinforced its market position in the domestic banking market and extended the portfolio of its services.

28.5.2015 - UniCredit named Best Sub-Custodian Bank in Central and Eastern Europe

Vienna, 28.5.2015

In its World’s Best Sub-Custodian Banks 2015 survey, Global Finance magazine awarded UniCredit for its achievements in Central and Eastern Europe. The US-based financial magazine selected UniCredit as Best Sub-Custodian Bank in Central and Eastern Europe. Furthermore, UniCredit scores number one in Austria, Bulgaria, Czech Republic, Hungary, Poland, Serbia, Slovenia and Ukraine.

Angelo Rizzuti, Global Deputy Head of Global Transaction Banking (GTB), said: “We are proud of this internationally acclaimed award, which is both a well-deserved acknowledgement of the outstanding work of our team and proof of our reliability as a sub-custodian bank. With the international UniCredit network and an extensive range of services, we can offer companies unrivalled benefits across borders.” 

Paolo Spada, Head of CEE GTB, commented: “The recent success with Global Finance across so many CEE countries confirms impressively our capability to deliver services in a consistently high quality, meeting fast changing customer needs and market requirements.” 

Global Finance´s editorial board, making use of market research, input from expert sources and entry information from banks, selected the winners from the institutions that reliably provide the best services in local markets and regions to global custodians. Its criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices. 

 

UniCredit

UniCredit is one of the leading European commercial banks with strong roots in 17 European countries. Our world-wide network in roughly 50 markets comprises around 8,600 outlets and more than 145,000 employees (as of 31 December 2014). 

The Group operates the largest international banking network in Central and Eastern Europe with almost 3,500 business outlets (including Poland and Turkey).   

UniCredit is currently represented in the following countries: Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Germany, Italy, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine and Hungary. UniCredit operates in the Baltic states with a leasing company (as of 31 December 2014). 

UniCredit's Corporate & Investment Banking gives companies, from small and medium Corporates to multinationals and institutional clients, access to the largest network of banks in Central and Eastern Europe, as well as to branches in major financial centers worldwide. The successful collaboration between our network’s relationship managers and specialists in our product lines (Financing & Advisory, Markets, Leasing, Global Transaction Banking) enables UniCredit to respond promptly to our clients’ entrepreneurial requirements. Thus, UniCredit supports the growth and internationalization of the Group’s corporate and institutional clients, creating sustainable value for all stakeholders. 

Global Transaction Banking of UniCredit combines the local expertise of more than 2,000 professionals with the experience of a sophisticated global transaction bank, offering a diverse and proven set of core competencies in the fields of Cash Management and eBanking, Trade Finance, Supply Chain Management, Structured Trade and Export Finance and Global Securities Services. UniCredit Group is the largest transaction bank in the heart of Europe. Many international awards demonstrate this.

22.5.2015 - Smart Banking under your thumb: UniCredit Bank is launching fingerprint logon to mobile banking

Prague, 22.5.2015

UniCredit Bank has prepared breaking innovations of its mobile application for its clients. Owing to the use of state-of-the-art features of smartphones, clients will be able to log on to the Smart Banking and Smart Key mobile applications using their fingerprint. This logon method will be available for Apple and Samsung smartphones. For selected models of these brands, this new feature is available to UniCredit Bank clients since 18  May.

Instead of entering your PIN code, all you have to do is to use your finger and the uniqueness of your fingerprint provides you with a quick, innovative and easy access to mobile banking. This is what the digital future of clients' access to their finance may look like. At the same time, fingerprint logon is very safe.

In addition to breaking innovations for logging the mobile application of UniCredit Bank is available to clients in a completely new trendy coat (i.e. a flat design) used for advanced mobile applications nowdays.

 "We are the first in the Czech and Slovak market to offer an innovation in mobile banking which will definitely make our clients even more "cool".  The uniqueness of clients' fingerprints will allow them to access the Smart Banking and Smart Key applications and, at the same time, it will save their time during the logon process," says Carmelo Minardi, Head of Multi-Channel Banking, UniCredit Bank.

 In order to secure personal data protection, the mobile application will use fingerprint technologies available in new mobile devices. These technologies use fingerprints saved in the user's smartphone. The fingerprints are neither saved nor sent to the bank's server. This innovative, quick and unique access to mobile banking may be used by owners of iPhone 5S, 6 and 6 Plus with iOS 8.1.1 and higher. As for Androids, it is for selected models of Samsung. Support for fingerprint logon is also available for tablets. For other brands of smart mobile phones is fingerprint logon planned, depending on the technological availability of this feature in individual models and the credibility of their manufacturers.

18.5.2015 - Transferring their loans to UniCredit Bank, clients will make significant savings and obtain an extra bonus of CZK 3,000

Prague, 18.5.2015

UniCredit Bank radically cutting interest rates on loans, starting from 3.9% p. a.

 Nearly one half of Czechs and Slovaks who are repaying any kind of loan considers another provider where they could pay less. One third of them even has direct experience with doing so, as shown by the UniCredit Bank survey regarding savings and loans. Starting from mid-May, clients can save even more. In the case of consolidation of loans, the interest rates are one of the lowest, starting from 3.9% p. a. In the case of transfer of one loan, the interest rates can be even lower, starting from 2.9% p. a. Moreover, once the clients agree on a loan with UniCredit Bank, subject to the conditions, they obtain a CZK 3,000 bonus.

 "The appetite of Czechs and Slovaks to refinance their loans is increasing. According to our survey, every other person who has any kind of consumer loan considers doing so. As loan specialists, we are aware of the fact that clients also want to gain something more besides saving their money. Therefore, besides the radical cuts in the interest rates on consumer loans, which are one of the lowest in the market, we will give clients a bonus of CZK 3,000," explained Dalibor Mička, Household Financing Director at UniCredit Bank.

 As a part of transfer of client's original loans, UniCredit Bank will handle all paperwork relating to the transfer of loans instead of the client and pay potential charges for the early repayment of the existing loans. However, clients can benefit from the low interest rates on loans only by the end of July.

 When transferring their loans, clients can pay lower monthly instalments and save their money. Clients can also increase their original loans with additional funds and maintain the current amount of their monthly instalment. Handling of this matter is simple, all you have to do is visit our branch or online shop www.unicreditshop.cz.

13.5.2015 - UniCredit Bank Czech Republic and Slovakia reported a consolidated net profit of CZK 1.7 billion for the first three months of 2015

Prague, 13.5.2015

  • Consolidated net profit went up by 57.8% yoy compared to last year’s quarterly results of UniCredit Bank Czech Republic and Slovakia.
  • Operating income increased by 17.2 % yoy.
  • Loans to clients grew by 7.5% compared to 31 March 2014.
  • Customer deposits increased by 7.3% yoy.
  • Total assets grew by 7.5% yoy.
  • Consolidated Capital adequacy ratio is at 15.94% (non-audited figure)
  • In the Europe Banking Awards 2014, organized by the reputable magazine EMEA Finance, UniCredit Bank was awarded the title of best investment bank in the Czech Republic and in Slovakia.

 The after-tax consolidated profit of UniCredit Bank Czech Republic and Slovakia increased from CZK 1,063 million (as of 31 March 2014) to CZK 1,677 million (as of 31 March 2015). Mr Jiří Kunert, CEO and Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia, commented on the results: 

“The right strategic decisions to invest in our development in times of crisis are reflected in our excellent business result of the financial group UniCredit Bank Czech Republic and Slovakia. 

Strengthening economic growth, on the both markets where we operate, is reflected in the accelerated loan dynamics of our portfolio. In terms of retail loans, this trend is encouraged by strong consumer demand and attractive interest rates of our mortgage and consumer loans. Corporate loans and leasing services also continue to strengthen thanks to the higher willingness of companies to invest in their development. Since January of this year corporate lending is positively complemented by the provision of factoring services, which are further added value for our clients.” 

Items of Profit and Loss Statement

Net interest income of UniCredit Bank Czech Republic and Slovakia increased to CZK 2,565 million (as of 31 March 2014: CZK 2,395 million). Net income from fees and commissions grew to CZK 941 million (as of 31 March 2014: CZK 829 million). Trading results increased by 86 % to 733 million (as of 31 March 2014: CZK 395 million). 

The level of general administrative expenses increased by 4% to CZK 1,796 million (as of 31 March 2014: CZK 1,727 million). Credit risk costs dropped by CZK 346 million yoy (as of 31 March 2014: CZK 523 million).

We achieved in the first quarter an excellent result increasing 57.8% yoy. Our result is based on a strong development on the underlying business with both loans and deposits rising above the market but also positively influenced by an outstanding trading result where the Bank took an advantage from the quantitative easing in the Eurozone. Given an excellent write back situation the credit risk costs dropped sharply, our operating costs are henceforward under control, our business model proves to be successful. Given our strong capital  (Consolidated CAD ratio 15.94%) and liquidity position, we are well prepared for upcoming business opportunities, said,Mr Gregor Hofstaetter-Pobst, CFO of UniCredit Bank. 

Balance Sheet  

In retail banking, consumer financing further strengthened; mortgage loans grew by 14.7% yoy and consumer loans grew by 11.2% yoy. The number of clients using the fee-free U konto with a ten-year guarantee of conditions achieved the borderline of 165,000.

 The corporate segment reported a two-digit percentage yoy growth in lending granted to corporate clients, including small and medium-size companies. The private banking segment strengthened considerably in deposits – by 22.4% yoy.

In leasing companies the financed value of vehicles for the first quarter of 2015 grew by 31% compared to the same period in 2014. The largest year-on-year percentage growth (57%) was reported for the machinery and equipment segment.

As of 31 March 2014, the total assets of UniCredit Bank Czech Republic and Slovakia amounted to CZK 536,988 million, representing a 7.5% increase compared to the figure as of 31 March 2014 (CZK 499,312 million).   

On the assets side of the Balance Sheet, receivables from clients increased by 7.5% to a total of CZK 348,970 million compared to the volume as of 31 March 2014 (CZK 324,651 million). 

On the liabilities side, liabilities towards clients grew by 7.3% to CZK 328,120 million (31 March 2014: CZK 305,910 million). Liabilities from debt securities rose by 16% to CZK 50,198 million (31 March 2014: CZK 43,258 million). 

Compared to the 1st quarter of 2014, equity grew by 12.7% to CZK 60,671 million (as of 31 March 2014: CZK 53,827 million). 

Note for editors: 

The consolidated net profit of UniCredit Bank Czech Republic and Slovakia, a.s., financial group includes the results of UniCredit Bank and UniCredit Leasing in the Czech Republic and in Slovakia, including the results of the Transfinance factoring company in the Czech Republic.

29.4.2015 - UniCredit Bank supports Czech farmers; the Bank arranged a meeting with their peers from abroad for them

Prague, 29.4.2015

Last year, Czech agriculture representatives exported more than 250 thousand tonnes of fruits and vegetables, however, they have to face reduction in purchase prices due to the Russian sanctions. UniCredit Bank, which wants to further strengthen its position in agriculture sector financing in the Czech Republic, will assist farmers in searching new opportunities. In cooperation with the Italian-Czech Chamber of Commerce, UniCredit Bank arranged a workshop as an invitation to MACFRUT 2015, an Italian fruit and vegetable fair. The professional workshop, which was attended mostly by leading Czech importers and exporters of fruits and vegetables, was opened by Paolo Iannone, Vice-Chairman of UniCredit Bank Board of Directors, and Renzo Piraccini, President of MACFRUT Fair.  

The situation on the agricultural products market is complicated mainly because of the Russian sanctions, restricting access to the market, which, in the long term, is the major extra-European market with around 2% share in total exports. The estimated losses of the last year caused by the sanctions are expected to exceed 250 million Czech koruna. Czech producers export a negligible volume of fruits and vegetables to Russia (only 880 tonnes in the last year), however, the drop in demand exerts pressure on the purchase prices. Thus, under the new framework of the EU Common Agricultural Policy, fruits and vegetables are considered to represent the so-called sensitive commodities. 

Therefore, UniCredit Bank and UniCredit Leasing provide agricultural clients (not just the fruit and vegetable sector) with maximum support in search of new export opportunities. On 28 April 2015, in cooperation with the ItalianCzech Chamber of Commerce, the Bank arranged a presentation of MACFRUT 2015, an Italian fruit and vegetable fair, where Czech growers, distributors, traders of fruits and vegetables and related services met their Italian peers. 

“This is a unique opportunity to gain new business contacts with Italian companies. I hope to meet many of the Czech attendees also in September at the fair in Rimini, where they will have the opportunity to start their cooperation with global industry leaders,” said Renzo Piraccini, President of the MACFRUT Fair

UniCredit Bank is a partner for farmers not only in the Czech Republic, but mainly in Slovakia, where the Bank holds a strong market share. “Last year, provided agricultural sector financing totalled almost CZK 3 billion, which means a year-on-year increase by 800 million over 2013. In Slovakia, UniCredit Bank holds a 30% share in the agricultural loans market with the total volume of loans exceeding EUR 282 million, i.e. approximately CZK 7.7 billion. Our financial group also provides through UniCredit Leasing financing of branded agricultural machinery, with strong year-on-year growth rates in this segment,” said Mr Paolo Iannone, Vice-Chairman of the Board of Directors and COO of UniCredit Bank

The expert seminar with the participation of domestic growers, representatives of a leading financial institution, UniCredit Bank and Italian - Czech Chamber of Commerce is an exceptional opportunity linking all participants together who are contributing to the trade development. 

UniCredit Group is the chief sponsor and the business partner of Macfrut 2015, a fruit and vegetable fair to be held on 23 – 25 September in Rimini.

23.4.2015 - UniCredit voted Best Bank in Central and Eastern Europe by EMEA Finance

Prague, 23.4.2015

UniCredit Bank is the Best Investment Bank in the Czech Republic and Slovakia 

UniCredit Group won in a total of eleven categories of Europe Banking Awards 2014, organised by the renowned EMEA Finance magazine. The Group was voted the “Best Bank” in the Central and Eastern Europe and Commonwealth of Independent States region. Polish Bank Pekao, a member of UniCredit Group, was voted the “Most Innovative Bank in CEE & CIS”. UniCredit Bank in the Czech Republic and Slovakia won the “Best Investment Bank” award for cooperation with the European Investment Bank in the sale of covered bonds. The award ceremony will take place on May 13 in Tbilisi, Georgia.  

The awards are a recognition of UniCredit Group’s 2014 achievements in the entire region and in individual countries. Members of UniCredit Group in Bosnia and Herzegovina, Bulgaria, Italy and Croatia won the “Best Bank” awards, and those in Hungary, Serbia and Slovenia are considered the best foreign banks by the EMEA Finance magazine. 

"Our geographical distribution and business model is confirming to be resilient also in time where geopolitical tensions and unfavourable exchange rates are influencing our Central and Eastern Europe region. While competitors are scaling back their business, we are constantly refining our service models and investing consistently in new technologies. The acquisition of 900.000 new customers and the market shares increase in most CEE countries confirmed that we are on the right path”, stated Carlo Vivaldi, Head of CEE Division at UniCredit. 

Moreover, UniCredit Bank Czech Republic and Slovakia was also voted the “Best Investment Bank”. Cooperation between UniCredit Bank and the European Investment Bank (EIB) in the sale of a covered bond issue valued at MEUR 196.1 in December 2014 was the impetus for this award. The bond forms first part of UniCredit Bank EUR 5 billion international covered bond program. 

“I am more than pleased that this locally unique transaction has gained an international recognition and such a prestigious award. Funding via rated covered bonds as a loan substitute is an innovative funding solution whose sole aim is to be able to be more competitive in providing loans to our SME customers, which benefit from the attractive terms,” Jiří Kunert, Chairman of the board and CEO of the UniCredit Bank Czech Republic and Slovakia said. 

In March this year, UniCredit Bank Czech Republic and Slovakia sold EIB another two covered bond issues totalling EUR 365.8 million under this program and the transaction has been successfully completed. Together with other covered bond transactions  planned this year it is expected  that other investors will join. This is also the first time that the EIB has purchased a covered bonds in the Czech Republic. 

The objective for the European Investment Bank behind this transaction is twofold: (i) to increase its support to the Czech and Slovak SME sector – the EIB purchased the bond as loan substitute, which means that UniCredit Bank CZ&SK will use the proceeds of the sale to expand its medium/long-term funding to SMEs in the Czech Republic and Slovakia on attractive terms; and (ii) to support the emerging Czech covered bond market – the EIB sees high potential in this bond market, which in the current market and regulatory environment constitutes an attractive alternative for channelling EIB funding to investment projects. 

For editors:  

The European Investment Bank is the long-term lending institution of the European Union and is owned by the EU Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals. 

UniCredit is a leading European commercial bank with strong roots in 17 countries. Our overall global network embraces approximately 50 markets with nearly 8,600 branches and more than 145,000 employees (as of 31 December 2014). 

In the CEE Region, UniCredit runs the largest and most diversified international banking network with approximately 3,500 branches (Poland and Turkey included).

The Group operates in Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Germany, Hungary, Italy, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine. In the Baltics, UniCredit is present through its Leasing subsidiary (as of 31 December 2014).

2.4.2015 - UniCredit Bank introduces a revolutionary novelty in fixed-rate mortgage loans – extraordinary repayments free of charge

Prague, 2.4.2015

UniCredit Bank brings a unique offer in mortgage loans. The bank will yearly provide the option of extraordinary repayments up to 20% of the principal, free of any charge, to clients entering into fixed-rate mortgage loan contracts after 1 April 2015. Thus, the clients will be provided with more flexibility when repaying their mortgage loans. This is another from the series of novelties in mortgage loans introduced recently by UniCredit Bank. Besides the seven-year interest-rate fixation, the Bank also offers the “all at the price of one” concept, when three-year and five-year fixation and variable rate all start at 1.69% p. a.

  “For some time past we have noticed that our clients are in demand of a more flexible and faster repayment of their mortgage loans, at same time while maintaining low instalments for the longest period of time. Therefore, we have prepared a unique offer for our clients to allow them a more flexible repayment tailored to their needs. Newly clients can take an advantage of extraordinary payments free of charge without any increase in their interest rate,” said Dalibor Mička, Household Financing Director at UniCredit Bank.

 UniCredit Bank has already introduced the FLEXI mortgage loan, allowing the clients to make extraordinary repayments of up to 100 % of the principal over the whole duration of the loan. FLEXI mortgage loans will be further available to UniCredit Bank’s clients without any changes.  

 UniCredit Bank is presently the fourth largest bank providing a broad scale of mortgage products through its experts over the whole network of UniCredit Bank and UniCredit Bank Expres branches and the partners’ distribution network.

13.3.2015 - UniCredit Bank has selected Partners to innovate the franchise concept

Prague, 13.3.2015

UniCredit Bank has agreed on its cooperation with Partners in the franchise concept. Partners will become the master franchisee for selected UniCredit Bank’s franchise points of sale. UniCredit Bank and Partners plan to come up with the extended offer of products and services in part of UniCredit Bank franchisee network up to 25 franchise points of sale.

In November 2010 UniCredit Bank was the first in the Czech financial sector to introduce the concept of franchise branches . Until recently, the bank established 51 own franchise points of sale all over the Czech Republic.. By the end of this year, besides services offered by UniCredit Bank, selected franchise points of sale will start providing their clients also with a comprehensive offer of advisory services of Partners. 

We are well satisfied with our Franchise concept and being the first in the financial sector on the Czech Market we are constantly looking for innovations and enhancement. One of the most important factors to be successful in franchise concept are the franchisees themselves and the quality of service provided to clients. That’s why the process to select the Franchisee is key as they should be successful entrepreneurs, as well as to have competences and knowledge in financial services and/or to be able to acquire/learn financial service knowledge. Therefore we have selected company Partners, with whom we have long term satisfactory partnership, which is skilled in implementing their own franchise concept in the financial sector, so we are joining forces and experience and came to an agreement,” said Paolo Iannone, the Vice-Chairman of the Board of Directors and COO of UniCredit Bank.    

“This is of importance for both involved parties, as the client is to be provided with access to banking services and a broad portfolio of financial products and independent planning at one place. Mainly franchisees take it as a very attractive opportunity to expand their business potential,” said Petr Borkovec, Chairman of the Board of Directors, Partners Financial Services.

UniCredit Bank’s title to the franchise points of sales will be retained and the services will be provided to clients in an unchanged scope under UniCredit Bank brand.

Always with the consent of the current franchisee a particular franchise outlet will be handed over to Partners. An existing franchise partner will have a possibility of either continuing within the set model or using an extended format, i.e. including products offered by Partners

In a selected part of the franchise commercial network, our clients will be provided with our services and besides that they will also have a chance to use services of Partners advisory firm, which will be offered in a clearly designated parts of the branches and value for our customers will be further added.

By the end of this year, UniCredit Bank and Partners plan to come up with the extended offer of products and services up to  25 franchise points of sale.

In the remaining part of UniCredit Bank’s franchise commercial network we do not plan changes either in provided services or franchisees.

17.2.2015 - New fast overdraft for small entrepreneurs and start-ups will be launched by UniCredit Bank

Prague, 17.2.2015

UniCredit Bank has a new offer of overdraft for small entrepreneurs and start-ups. Clients interested in taking out a bank overdraft of up to CZK 150 thousand will neither need any guarantee nor will they have to submit any tax return. The only condition for new and existing clients is an at least 3-month term of business and a sufficient volume of transactions on their business account.

The advantage of the new overdraft for start-ups is the fact that clients submit a minimum set of documents with the application for bank overdraft. Moreover, the entire processing of applications is streamlined, enabling the client to use the money from the overdraft sooner.

"We are actively looking for ways how to support entrepreneurs focusing on their real needs. We believe that thanks to the possibility to get fast bank overdraft up to CZK 150 thousand without any paperwork we will support our clients in achieving their business goals. Especially in case of start-up entrepreneurs we are glad that we can help them with successful start of their business." says Jiří Daneš, Manager of Small Business at UniCredit Bank.

The limit of all product variants is calculated based on a three-month average of credit transactions on the business account, ranging from CZK 50,000 up to CZK 150,000. Compared to offers on the market, this new product of UniCredit Bank provides benefits in terms of interest rates as well as in terms of the granted volume of the bank overdraft.

UniCredit Bank is a traditional partner of sole traders, liberal professions, and small and medium-sized enterprises.

13.2.2015 - UniCredit Bank Czech Republic and Slovakia reported preliminary consolidated net profit of CZK 4.9 billion for 2014, a year-on- year increase of 55%.

Prague, 13.2.2015

The preliminary consolidated business results of UniCredit Bank Czech Republic and Slovakia, a.s. for 2014¹: 

 Net profit of UniCredit Bank Czech Republic and Slovakia went up by 55% yoy compared to the aggregate results of UniCredit Bank Czech Republic and Slovakia for the same period of the previous year

  • Customer deposits increased by 7.3% yoy
  •  Loans to bank clients grew by 7.7% yoy
  • Loans to clients of leasing companies rose by 4.9% yoy
  • Total assets grew by 9.5% yoy
  • Capital adequacy is at 14.4% (non-audited figure)
  • Equity increased by 15.1% compared to the same period of the previous year
  • UniCredit Bank was awarded a prestigious award in the field of trade finance by the magazine Global Finance. In the Private Banking Survey 2014,  Euromoney magazine awarded UniCredit Bank for  the excellence of its private banking in the range  of investment products category. UniCredit Bank was also given the prestigious Top Employer 2014 certificate

 The after-tax preliminary consolidated profit of UniCredit Bank Czech Republic and Slovakia increased from CZK 3,170 million (as of 31 December 2013) to CZK 4,911 million (as of 31 December 2014). Mr. Jiří Kunert, CEO and Chairman of the Board of Directors of UniCredit Bank Czech Republic and Slovakia, commented on the results:

 "We have achieved the planned synergy effects of the merger of UniCredit Bank in the Czech Republic and in Slovakia, as well as within the acquisition of the UniCredit Leasing companies. We have strengthened our market position in both markets, introduced new innovations in the product portfolio and, at the same time, improved the quality of provided services. Moreover, business results rose as well, which was significantly reflected in the yoy increase of net profit."

 Items of Profit and Loss Statement

Net interest income of UniCredit Bank Czech Republic and Slovakia increased to CZK 10,049 million, representing an increase of 41.5% compared to the same period of the previous year (as of 31 December 2013: CZK 7,100 million). Net income from fees and commissions grew by 25.4% yoy to CZK 3,557 million (as of 31 December 2013: CZK 2,836 million).

 The level of general administrative expenses increased by 22.3% to CZK 7,170 million (as of 31 December 2013: CZK 5,865 million). The credit risk cost was CZK 2,236 million (as of 31 December 2013: CZK 2,129 million).

 "The 2014 preliminary consolidated results are indeed excellent; we grew revenues thanks to the constantly increasing customer base and business as well as optimizing our banking group’s funding costs. We keep having a cautious approach on our cost base and maintain a conservative risk approach which is both reflected positively in our numbers.The consolidated capital adequacy of UniCredit Bank is still high - exceeding 14% even despite the acquisition of the purely credit business of UniCredit Leasing," adds Mr. Gregor Hofstaetter-Pobst, CFO of UniCredit Bank.

 Balance Sheet

 In the lending segment, loans granted to clients went up mainly thanks to a 14% yoy increase in consumer and mortgage loans. Following the introduction of the revolutionary U Account, with a ten-year guarantee of conditions and free withdrawals from any ATM at home and abroad, the number of acquisitions of new clients in the retail segment has more than doubled. In the corporate segment, focus was still on structured financing, with UniCredit Bank participating in most of the major transactions in the Czech Republic and Slovakia in 2014. UniCredit Bank also reported significant growth in the financing of small and medium-sized enterprises, achieving  a 25% yoy growth in this segment. The leasing companies continued to strengthen our brand vehicle financing, credit financing in the area of corporate loans, and operating leasing for businesses and private individuals.

 As of 31 December 2014, assets of UniCredit Bank Czech Republic and Slovakia amounted to CZK 508,616 million, representing a 9.5% increase compared to the figure as of 31 December 2013 (CZK 464,622 million).  

 On the assets side of the Balance Sheet, receivables from bank clients increased by 7.7% to a total of CZK 312,133 million compared to the volume as of 31 December 2013 (CZK 289,945 million).

 On the liabilities side, liabilities towards clients grew by 7.3% to CZK 328,585 million (31 December 2013: CZK 306,298 million). Liabilities from debt securities rose by 9.9 % to CZK 47,285 million (31 December 2013: CZK 43,041 million).

 Equity grew by 15.1 % to CZK 58,410 million (as of 31 December 2013: CZK 50,747 million).

 

Note for editors:

¹ All figures in this Press Release are preliminary, consolidated, non-audited and compiled in accordance with IFRS EU. The 2014 preliminary consolidated net profit of UniCredit Bank Czech Republic and Slovakia, a.s. includes the results of UniCredit Bank in the Czech Republic and in Slovakia including the results of UniCredit Leasing CZ and UniCredit Leasing Slovakia and their subsidiaries. In the comparison, the 2013 figures include the aggregate results of UniCredit Bank in the Czech Republic and in Slovakia excluding UniCredit Leasing CZ and UniCredit Leasing Slovakia and their subsidiaries.

22.1.2015 - UniCredit Bank has acquired Transfinance

Prague, 22.1.2015

For some time now, low interest rates and favourable prices of properties have been the reality of the Czech mortgage market. Czechs want to secure the low mortgage instalments for the longest possible time, therefore they are increasingly choosing the longer fixation of interest rates. In reaction to this trend, since the beginning of January, UniCredit Bank offers its client a novelty in its portfolio, seven-year fixation of interest rate with favourable interest from 1.99 % p.a.

Last autumn, UniCredit Bank introduced a favourable mortgage concept “all in one” for the requested mortgages. The rates for 3 and 5-year fixed mortgages continue to drop and from January, clients may purchase them at the unmatched interest rate from 1.69 % p. a.

Currently, the 5-year fixed mortgages are the most popular types among our clients; they are requested by as many as three quarters of new prospects. We respond to the demand of our clients and we have decided to enable them to secure the current interesting mortgage payment for a period even longer than five years, and what is more, under very favourable conditions. Therefore, we included an innovation into our offer from January, in form of 7-year fixed interest rate for mortgage loans,” says Dalibor Mička, Household Financing Director at UniCredit Bank.

Seven-year fixed rates are available in the UniCredit Bank’s offer from this January. For mortgages up to 85 % of property collateral value, the Bank offers these mortgages with very favourable interest rate from 1.99 % p.a., the same as for two-year fixation. The offer of seven-year fixed rates applies for purchasing new housing as well as for refinancing of existing mortgage loans.

UniCredit Bank is currently the fourth largest bank in the country providing a wide range of mortgage loans via its experts in the entire branch network of UniCredit Bank and UniCredit Bank Expres, including the distribution network of its partners. Clients can also arrange refinancing of their mortgage through the up-to-date banking e-shop, directly from the comfort of their home.

22.1.2015 - Czechs are fixing low interest rates for mortgage loans, UniCredit introduces favourable seven-year fixation from 1.99 %

Prague, 22.1.2015

For some time now, low interest rates and favourable prices of properties have been the reality of the Czech mortgage market. Czechs want to secure the low mortgage instalments for the longest possible time, therefore they are increasingly choosing the longer fixation of interest rates. In reaction to this trend, since the beginning of January, UniCredit Bank offers its client a novelty in its portfolio, seven-year fixation of interest rate with favourable interest from 1.99 % p.a.

Last autumn, UniCredit Bank introduced a favourable mortgage concept “all in one” for the requested mortgages. The rates for 3 and 5-year fixed mortgages continue to drop and from January, clients may purchase them at the unmatched interest rate from 1.69 % p. a.

Currently, the 5-year fixed mortgages are the most popular types among our clients; they are requested by as many as three quarters of new prospects. We respond to the demand of our clients and we have decided to enable them to secure the current interesting mortgage payment for a period even longer than five years, and what is more, under very favourable conditions. Therefore, we included an innovation into our offer from January, in form of 7-year fixed interest rate for mortgage loans,” says Dalibor Mička, Household Financing Director at UniCredit Bank.

Seven-year fixed rates are available in the UniCredit Bank’s offer from this January. For mortgages up to 85 % of property collateral value, the Bank offers these mortgages with very favourable interest rate from 1.99 % p.a., the same as for two-year fixation. The offer of seven-year fixed rates applies for purchasing new housing as well as for refinancing of existing mortgage loans.

UniCredit Bank is currently the fourth largest bank in the country providing a wide range of mortgage loans via its experts in the entire branch network of UniCredit Bank and UniCredit Bank Expres, including the distribution network of its partners. Clients can also arrange refinancing of their mortgage through the up-to-date banking e-shop, directly from the comfort of their home.

21.1.2015 - CEE Banking Study 2015

Vídeň, 21.1.2015

Vienna, 21.1.2015

Cross-country differentiation to remain the key feature of CEE banking

  • Slight acceleration in loan growth likely to be visible in CESEE, mainly driven by corporate lending
  • External liabilities increasingly replaced by domestic funding, reducing past vulnerabilities
  • Overall, CEE banking sector RoA is expected to remain comparable to 2014 levels, at around 1.0%

 Although lending growth in CESEE has remained weak recently, a cross-country breakdown shows some more encouraging trends. A slight acceleration of lending growth is expected to proceed in CESEE - with corporate lending providing a boost by year end 2015 - while Russia will be affected by a significant deceleration. Some of the past vulnerabilities are being addressed as external liabilities have been replaced by domestic funding. With revenue-margins still under pressure, non-interest income is foreseen to be an important profitability driver.  The CEE banking sector RoA is expected to remain comparable to 2014 levels, at around 1.0%. Overall, the differentiation across Central Eastern European countries in terms of banking developments will remain a key feature. These are some of the key findings of the latest CEE Banking Study, which was conducted by UniCredit´s CEE Strategic Analysis department and which covers 13 different countries.

 Central and Eastern Europe remains a diverse region

“Central and Eastern Europe remains a diverse region. Thus the economy in Central and South-Eastern Europe is expected to grow this year by 2.5 percent, and by 2.9 percent in 2016, whereas the figures for the entire region will be 0.2 and 2.2 percent due to the contraction in Russia”, said Gianni Franco Papa, newly appointed Head of CIB Division and outgoing Head of CEE Division at UniCredit, “Reform-minded economies in particular should grow this year, while states with pending structural problems will be in recession.”

 Looking forward, a slight acceleration in lending growth in CESEE is likely to be visible this year, mainly driven by corporate lending. If Poland and the Czech Republic will continue to drive lending recovery in Central Europe, Slovenia and Croatia might come back to mild positive lending growth by the end of 2015. For CEE as a whole, lending growth will be affected by a significant deceleration in Russia.

 “In general corporate loans should increase by plus 12.4 percent in Central and Eastern Europe and by 3.5 percent in Central and South-Eastern Europe in 2015. The growth rates of retail loans should amount to plus 5.4 percent and 3.3 percent respectively”, stated Carmelina Carluzzo, Deputy Head of CEE Strategic Analysis at UniCredit. In CEE deposits will gain 9.1 percent this year and 4.2 percent in CESEE.

 New funding model, banking sector profitability stable

As external liabilities are increasingly replaced by domestic funding, mainly deposits and capital, local banking sectors in CESEE shift towards a more sustainable funding model. Thus the external-liabilities-to-total-assets ratio has continuously advanced and as of September 2014 stands at 13.5 percent. The loans-to-deposits ratio has improved from 98 percent to 96 percent from December 2013 to September 2014 indicating that local loans are more than fully covered by local deposits. This means that some of the past vulnerabilities have been addressed and the banking sector in the region is currently in a better shape to sustain future growth.

 With margins remaining under pressure, CEE banks will need to widen their range of opportunities to improve their revenue generation capacity. Similar to Western Europe non-interest income will play a more relevant role in the future. “Overall, we expect the CEE banking sector to keep its profitability in 2015 with a return-on-assets ratio comparable to 2014, at around 1.0%. Geopolitical developments as well as changes in the external environment represent a source of uncertainty for our outlook. Non-performing loans in the region are likely to remain a challenge”, reckoned Gianni Franco Papa.

“Lower oil price is a double-sided coin. Although it clearly weighs on the Russian economy, lower oil price may prove a boost to European households´ and companies´ spending power. Further upside risks to our 2015 forecasts include a more accommodative monetary policy of the ECB and local central banks as well as reinforced efforts towards a greater harmonization of financial services regulations”, added Carmelina Carluzzo.

CEE 2020: UniCredit to further strengthen its regional leadership position

Taking into consideration today´s demanding and rapidly changing economic environment, UniCredit has launched a special program, “CEE 2020” which aims at new ways to generate growth and value creation and to develop a future-proof customer business. Supporting the Group´s 2013 – 2018 Strategic Plan the objective is to yield appropriate structures and processes for a sustainably healthy development of the CEE Division. “With around one third, our subsidiary banks in Central and Eastern Europe contribute strongly to UniCredit´s profitability. We intend to further strengthen our leading position in the CEE region, keeping a vigorous focus on customer proximity and leveraging on our broad geographical footprint and comprehensive expertise. Over the past years we have gained market share in most markets thanks to our ongoing investments while competitors were deleveraging, and we intend to continue to do so in the future”, noted Gianni Franco Papa, Head of CIB Division and Head of CEE Division.

UniCredit currently has a Common Equity Tier 1 ratio of 10.73 per cent and an unrivalled international network in approximately 50 countries. The Comprehensive Assessment by the ECB proved UniCredit´s solid capital position, which resulted in a 2016 CET1 of 6.8 percent under the stress test adverse scenario.

The Group is the prime partner for supporting customers’ cross border business development and operations through its local banks in 14 countries with a seamless service model. It has unique in-depth knowledge of the various CEE markets and serves some 23,000 corporate customers operating in the region by its International Centers network. UniCredit people are dedicated to a strong quality service and committed to retain the Group’s leading position in CEE, including high customer satisfaction.

14.1.2015 - Euromoney Survey: UniCredit named Best Trade Finance Provider in Central and Eastern Europe

Prague, 14.1.2015

In the 2015 Euromoney Trade Finance Survey, UniCredit was given a prestigious award Best Trade Finance Provider in Central and Eastern Europe and Best Trade Finance Provider in the Czech Republic and Slovakia, as well as in another eight CEE countries. The survey also rated UniCredit as the leading trade finance provider in the product categories for guarantees and open account payments.

"We are very proud to be rated best trade finance provider in Central and Eastern Europe and in ten of our core markets in the region. UniCredit is the ideal partner for international corporates in CEE, where we have an extensive network, as we provide a full range of traditional trade finance products, such as letters of credit and guarantees, as well as sophisticated supply chain finance offerings which can be customised to the requirements of each customer. Trade finance is important for our international clients with operations in CEE as well as for domestic clients," said Gianfranco Bisagni, Head of CEE Corporate & Investment Banking.

 "Entrepreneurs and companies have always been considered the core segment by UniCredit Bank, where we offer clients non-standard services as well as high level of knowledge of the Czech and Slovak business environment. Moreover, owing to the Group's strength, we are able to support further expansion of domestic clients and help them to exploit business opportunities in the CEE and at a global level," added Tomáš Hron, Head of Global Transaction Banking UniCredit Bank Czech Republic and Slovakia.

The regular Euromoney survey is based on feedback from over 2,000 international corporates. It allows clients to nominate their top three trade finance providers by region. The survey is also used to produce country rankings, and by product area. In the current 2015 survey, UniCredit was given a prestigious award Best Trade Finance Provider in ten CEE countries; besides the Czech Republic and Slovakia also in Bosnia & Herzegovina, Bulgaria, Croatia, Poland, Romania, Russia, Serbia, and Turkey.

8.1.2015 - Dušan Hladný is the new Head of Private Banking at UniCredit Bank

Prague, 8.1.2015

From January 2015, Dušan Hladný (50) is the new Head of Private Banking at UniCredit Bank for the Czech Republic and Slovakia.

Since 1996, Dušan Hladný has been working at several managerial positions at UniCredit Group and in banks which have gradually become a part of the Group, bringing 25 years of experience in financial sector in the private segment. He replaced Raymond Kopka, who refocused on the development of retail banking in Slovakia within UniCredit Bank.

In UniCredit Bank, Dušan Hladný was previously responsible for managing corporate clients for SME. He started his professional career in Munich, Germany, where he acquired the necessary skills in corporate banking. Since 1994, he has been working in the banking sector in the Czech Republic. Within his professional career, he focused mainly on management of large corporates as well as SME clients. 

He graduated from University of Economics in Prague. He is fluent in German and English. He spends his free time travelling and, in particular, travelling to play golf.

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