Despite its failure to strike a deal for its Russian business, UniCredit has been at the centre of attempted takeovers in the ...
UniCredit is among the European banks with the greatest risk exposure to Russia, along with Austria's Raiffeisen Bank International. The group has been trying to leave Russia since 2022.
Italy's UniCredit on Tuesday reported a rise in revenues last year from its Russia business but said it had reduced loans and ...
MOSCOW. Feb 11 (Interfax) - Italy's UniCredit exceeded its plan for winding down its business in Russia in 2024, and the contribution of its Russian subsidiary to the group's net profit will be ...
and Italian lenders UniCredit and Intesa Sanpaolo are still operating in Russia nearly three years after the war in Ukraine began. Under ING's agreement, the Russian firm, owned by a Moscow-based ...
Western banks began pulling out of Russia after Moscow's invasion of Ukraine in ... Russia's middle class and companies into the West. Italy's UniCredit also has a sizeable Russian business.