September 20, 2014 3:11 PM ET

Banks

Company Overview of Closed Joint Stock Company UniCredit Bank

Company Overview

Closed Joint Stock Company UniCredit Bank provides various banking products and services in the Russian Federation. The company offers fixed-term deposits, mortgage loans, payment cards, consular fee payment services, letters of credit, cash operations, individual bank safe deposit boxes, and remote banking services, as well as investments and savings, such as mutual funds. It also provides corporate accounts, transfers, cash services, cash management services, corporate cards, card programs for salary payment, securities market transactions, custody services, bond issues, promissory notes, cash collection services, banker's bonds, conversion transactions, financing and leasing services, exc...

9, Prechistenskaya Embankment

Moscow,  119034

Russia

Founded in 1989

Key Executives for Closed Joint Stock Company UniCredit Bank

Chief Executive Officer
Age: 60
Chief Financial Officer and Member of the Management Board
Age: 42
Chief Executive of Retail and Private Banking Department
Chief Executive Officer of UniCredit
Age: 59
Senior Vice-President and Member of the Management Board
Age: 42
Compensation as of Fiscal Year 2014.

Closed Joint Stock Company UniCredit Bank Key Developments

ZAO UniCredit Bank Reports Earnings Results for the Second Quarter and First Half Ended June 30, 2014

ZAO UniCredit Bank reported earnings results for the second quarter and first half ended June 30, 2014. For the first half, the company reported increased net profit to 4% year-on-year to RUB 9.49 billion. The bank's profit was driven by 17.7% year-on-year growth in net interest income, which amounted to RUB 16.3 billion. Net commission income increased 29.7% year-on-year to RUB 3.4 billion. Net interest income (RUB 16.29 billion, RUB 2.45 billion, 17.71% Y/Y) remained the main source of bank's operating income during the first half of 2014. Net fee and commission income which amounted to RUB 3.35 billion (RUB 0.77 billion, 29.73% year on year) for the six-month period. Net profit for the second quarter of 2014 amounted to RUB 5.12 billion, increased by 17.85% compared to the same period of last year (RUB 0.78 billion year on year). Net interest income for the second quarter of 2014 grew as well to RUB 8.29 billion (RUB 1.35 billion, 19.52% year on year). Net fee and commission income was RUB 1.78 billion against RUB 0.51 billion for the same period a year ago.

UniCredit Bank Announces Earnings Results for the First Quarter Period of January to March 2014

UniCredit Bank announced earnings results for the first quarter period of January to March 2014. For the period the company reported net profit of RUB 5.392 billion against RUB 23.423 billion for the same quarter a year ago. The company reported pre tax profit of RUB 5.702 billion against RUB 3.559 billion for the same quarter a year ago.

UniCredit Bank Reports Financial Results for the Year 2013

UniCredit Bank reported financial results for the year 2013. For the year, the bank increased its net profits as calculated to International Financial Reporting Standards (IFRS) by 38.02% to RUB 24.12 billion from RUB 17.5 billion in 2012. The bank's net interest income increased 20.62% to RUB 28.05 billion in 2013 from RUB 23.3 billion the year before. The bank's ROE improved 2.1% to 19.9% in 2013. The bank's operating profit jumped 25.8% to RUB 45.46 billion in 2013.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 21, 2014
UniCredit Leasing LLC
Merger/Acquisition
November 6, 2013
Open Joint Stock Company Moscow Exchange MICEX-RTS
 

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