UniCredit Bank Czech Republic and Slovakia

UniCredit Bank Czech Republic and Slovakia a.s., is a Czech and Slovak bank based in Prague, the capital of the Czech Republic. The bank was a subsidiary of Italy-based UniCredit Group for 99.96% stake.

UniCredit Bank Czech Republic and Slovakia
TypeSubsidiary, akciová společnost
IndustryFinancial services
Predecessor
Founded
  • 1 October 2006 (2006-10-01) (first merger)
  • 1 December 2013 (2013-12-01) (second merger)
Headquarters1525/1 Želetavská,
Prague
,
Czech Republic
Area served
Czech Republic and Slovakia
Services
Revenue18,123,000,000 Czech koruna (2018) 
CZK5.640 billion (2015)
Total assets CZK570.284 billion (2015)
Total equity CZK61.506 billion (2015)
OwnerUniCredit S.p.A. (99.96%)
Number of employees
 (December 2015)
Capital ratio14.17% (Group CET1 ratio)
Websitewww.unicreditbank.cz 
Footnotes / references
in a consolidated basis (including minority interests); in IFRS[1]

History

UniCredit Bank Czech Republic and Slovakia a.s. was founded on 1 December 2013 by UniCredit Bank Czech Republic a.s. absorbed Slovak sister company UniCredit Bank Slovakia a.s..[2] UniCredit Bank Czech Republic itself was founded on 1 October 2006 by the merger of HVB Bank Czech Republic a.s. and Živnostenská banka a.s..[1]

The parent company of HVB Bank Czech Republic, German bank HypoVereinsbank (HVB) was acquired by UniCredit Group in 2005. HypoVereinsbank's subsidiary, Bank Austria (aka UniCredit Bank Austria), was the direct parent company of UniCredit Bank Czech Republic and Slovakia until September 2016. In September 2016 UniCredit S.p.A., the ultimate parent company, acquired the whole Central and Eastern Europe division from subsidiary Bank Austria.[3]

References
  1. "2015 Annual Report" (PDF). UniCredit Bank Czech Republic and Slovakia. 23 May 2016. Retrieved 21 December 2016.
  2. "Cross-border Merger of UniCredit Bank Slovakia with UniCredit Bank Czech Republic". UniCredit Global Securities Services. 13 November 2013. Retrieved 21 December 2016.
  3. "Transfer of CEE Division from Bank Austria to UniCredit SpA". UniCredit. 30 September 2016. Retrieved 16 December 2016.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.