UNICREDIT BANK
UniCredit (Italian: UniCredit S.p.A.) is an Italian global banking and financial services company. It has a diversified presence in 24 countries in Europe, Central Asia and the Middle East, and the largest presence in both Central and Eastern Europe. UniCredit provides a full range of services including retail banking, corporate and investment banking, asset management, wealth management and private banking services, as well as insurance and consumer finance products. Headquartered in Milan, it is the largest bank in Italy by market capitalization and number of employees.
UniCredit is one of the seven largest lenders in Europe with a market capitalization of €73.140 billion as of 31 December 2020. The branches of this group in 17 countries are interconnected and can provide international services. Its core markets are Italy, Austria, Germany, East, Central and Southern Europe, Russia, Central Asia and the Middle East. UniCredit also has a presence in the major financial centres of North and South America, Asia, the United Kingdom and Australia.
UniCredit offers a wide range of products, including consumer loans and mortgages, credit cards, savings products, student loans and other financial services. Notably, it also provides investment banking and wealth management services. UniCredit is one of the largest asset management companies in Europe, with over €1.8 trillion in assets under management.
The banks capital base is strong and it holds a long-term credit rating of A- from the three major international rating agencies. It is also one of the leading arrangers and syndicators of debt capital markets issuance in euro capital markets and has one of the largest distribution networks in Europe.
UniCredits corporate culture is highly focused on its clients and supporting their success in both their professional and private lives. The bank is active in supporting numerous philanthropic initiatives and sponsorships. It has a long-term commitment to making a positive impact in the communities in which it operates. In 2020, it became the first Italian bank to join the World Wide Web Foundation’s multi-stakeholder initiative, the Web We Want coalition, further strengthening its commitment to digital inclusion, data privacy and trust.
UniCredit is firmly committed to making its operations more sustainable. Its 2020 Sustainability Report showed an increase in the integration of sustainable finance and implementation of ESG practices into its business model. The bank also launched several initiatives, such as the UniCredit Sustainable Banking Laboratory and the Sustainable in a Digital World initiative, to ensure that its sustainable finance goals are met.
In conclusion, UniCredit is a strong, diversified and international banking and financial services provider. It is committed to sustainable development and helping its clients achieve success in both their professional and private lives.
