The Banker names UniCredit as Bank of the Year in Central and Eastern Europe
- Furthermore, "Bank of the Year" in Bulgaria and Turkey
- Also "Bank of the Year" in Italy
UniCredit Group has been elected Bank of the Year 2007 in CEE and Bank of the Year 2007 in Italy by the prestigious UK financial monthly The Banker. Two banks of the Group also won the Bank of the Year 2007 in their respective countries: UniCredit Bulbank in Bulgaria and Yapi Kredi in Turkey.
This year, The Banker awarded banks across 143 countries and 7 regions in the world through an assessment process built around detailed questionnaires received from 457 banks that were examined by The Banker’s editorial team. They were not only focusing on the latest results, growth rates and performance, but also analyzing technology achievements, acquisitions and key strategic developments of each bank in each country and each region.
The winners represent the best commercial banking performances across the globe.
UniCredit Group has been awarded for its exceptional performance in the CEE region and in Italy where it continues to play a leading role producing record profits and exceptional growth in 2006. UniCredit was also awarded taking into account the merger with Capitalia, announced this year, that is strengthening its penetration in Italy.
About the UniCredit Group
The UniCredit Group is ranking among the top financial groups in Europe. UniCredit has a presence in 23 countries, with over 40 million clients and 9,000 branches, approximately 170,000 employees and total assets of approximately €1,018 billion (pro forma) as at 30 June 2007.
Through the merger with Capitalia, effective as of 1 October 2007, UniCredit has significantly strengthened its presence in Italy, which is one of its core markets alongside Germany, Austria and CEE.
In the CEE region, UniCredit operates the largest international banking network with over 3,700 branches and outlets, where more than 76,000 employees serve approximately 27 million customers.
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